Cost to Own
United StatesTennesseeCheatham CountyKingston Springs Population 2,799 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Kingston Springs, Tennessee

A $359,000 home here costs

$2,647

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,846. The real number is $802 higher every month — 43% more than the payment most buyers budget for.

Kingston Springs median: $359,300
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $287,200 borrowed $1,846
Property tax0.512% effective rate for Kingston Springs itself $153
Homeowners insuranceTennessee averages $1,368/yr (NAIC), or 0.505% of home value $151
Electricity14.47¢/kWh — Tennessee residential average, EIA $130
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $299
Total monthly $2,647

Kingston Springs against Cheatham County and Tennessee

MeasureKingston SpringsCheatham County
Median home value$359,300$291,400
Median property tax$1,841$1,479
Effective tax rate0.512%0.508%
Median gross rent$984$1,274
Population2,79941,500

The weather behind that power bill

Kingston Springs sits in Cheatham County, which averages a high of 87.6°F in its hottest month and a low of 26.8°F in its coldest, with 52.04" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,328 cooling and 4,037 heating degree days, which is what sets the $130 electricity line above.

See the full climate breakdown for Cheatham County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Cheatham County

Full Cheatham County cost breakdown · Every county in Tennessee

Common questions

How much does it cost to own a home in Kingston Springs?

A $359,000 home in Kingston Springs, Tennessee costs approximately $2,647 per month with 20% down at 6.66%. That is $1,846 principal and interest, $153 property tax, $151 homeowners insurance, $198 utilities and $299 set aside for maintenance.

What is the property tax rate in Kingston Springs?

Kingston Springs has an effective property tax rate of 0.512%, based on a median home value of $359,300 and median real estate taxes of $1,841. That is in line with the Cheatham County average of 0.508%.

What is the average home price in Kingston Springs?

The median owner-occupied home value in Kingston Springs, Tennessee is $359,300, against $291,400 across Cheatham County.

Is it cheaper to rent or buy in Kingston Springs?

Median gross rent in Kingston Springs is $984 a month, against $2,647 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Kingston Springs — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Tennessee.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology