Total monthly cost of ownership
Cost to Own a Home in Kissimmee, Florida
A $274,000 home here costs
$2,265per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $97,000 a year.
A standard mortgage calculator would have told you $1,494. The real number is $771 higher every month, 52% more than the payment most buyers budget for.
Compare Osceola County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Kissimmee against Osceola County and Florida
| Measure | Kissimmee | Osceola County |
|---|---|---|
| Median home value | $273,900 | $317,600 |
| Median property tax | $1,724 | $2,498 |
| Effective tax rate | 0.629% | 0.787% |
| Median gross rent | $1,553 | $1,651 |
| Population | 79,504 | 406,943 |
The weather behind that power bill
Kissimmee sits in Osceola County, which averages a high of 92.0°F in its hottest month and a low of 49.5°F in its coldest, with 51.45" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 3,452 cooling and 525 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Osceola County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Osceola County
Full Osceola County cost breakdown · Every county in Florida
Talk to someone who works this market
These are Kissimmee averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Kissimmee every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Kissimmee I already own here and may sell
Common questions
How much does it cost to own a home in Kissimmee?
A $274,000 home in Kissimmee, Florida costs approximately $2,265 per month with 20% down at 7.24%. That is $1,494 principal and interest, $144 property tax, $166 homeowners insurance, $233 utilities and $228 set aside for maintenance.
What is the property tax rate in Kissimmee?
Kissimmee has an effective property tax rate of 0.629%, based on a median home value of $273,900 and median real estate taxes of $1,724. That is lower than the Osceola County average of 0.787%.
What is the average home price in Kissimmee?
The median owner-occupied home value in Kissimmee, Florida is $273,900, against $317,600 across Osceola County.
Is it cheaper to rent or buy in Kissimmee?
Median gross rent in Kissimmee is $1,553 a month, against $2,265 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Kissimmee?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Kissimmee, Florida at today's rate takes a household income of roughly $97,000 a year. That covers the full $2,265 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Kissimmee, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Florida.
- 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.