Cost to Own
United StatesCaliforniaSan Mateo CountyLa Honda Population 1,094 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in La Honda, California

A $990,000 home here costs

$7,104

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

A standard mortgage calculator would have told you $5,090. The real number is $2,014 higher every month — 40% more than the payment most buyers budget for.

La Honda median: $989,600
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, $792,000 borrowed $5,090
Property tax0.811% effective rate for La Honda itself $669
Homeowners insuranceCalifornia averages $1,403/yr (NAIC), or 0.186% of home value $153
Electricity33.25¢/kWh — California residential average, EIA $299
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $825
Total monthly $7,104

La Honda against San Mateo County and California

MeasureLa HondaSan Mateo County
Median home value$989,600$1,494,500
Median property tax$8,025$9,167
Effective tax rate0.811%0.613%
Median gross rent$2,893
Population1,094745,100

The weather behind that power bill

La Honda sits in San Mateo County, which averages a high of 66.4°F in its hottest month and a low of 42.9°F in its coldest, with 26.04" of precipitation a year and 57% of it in a single three-month stretch. That climate drives 12 cooling and 3,701 heating degree days, which is what sets the $299 electricity line above.

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

Other cities in San Mateo County

Full San Mateo County cost breakdown · Every county in California

Common questions

How much does it cost to own a home in La Honda?

A $990,000 home in La Honda, California costs approximately $7,104 per month with 20% down at 6.66%. That is $5,090 principal and interest, $669 property tax, $153 homeowners insurance, $367 utilities and $825 set aside for maintenance.

What is the property tax rate in La Honda?

La Honda has an effective property tax rate of 0.811%, based on a median home value of $989,600 and median real estate taxes of $8,025. That is higher than the San Mateo County average of 0.613%.

What is the average home price in La Honda?

The median owner-occupied home value in La Honda, California is $989,600, against $1,494,500 across San Mateo County.

Is it cheaper to rent or buy in La Honda?

Rent data is not published for La Honda at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for La Honda — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for California.
  • 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