Cost to Own
United StatesTennesseeRutherford CountyLa Vergne Population 38,944 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in La Vergne, Tennessee

A $274,000 home here costs

$2,073

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

A standard mortgage calculator would have told you $1,409. The real number is $665 higher every month — 47% more than the payment most buyers budget for.

La Vergne median: $273,700
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, $219,200 borrowed $1,409
Property tax0.539% effective rate for La Vergne itself $123
Homeowners insuranceTennessee averages $1,368/yr (NAIC), or 0.505% of home value $115
Electricity14.47¢/kWh — Tennessee residential average, EIA $130
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $228
Total monthly $2,073

La Vergne against Rutherford County and Tennessee

MeasureLa VergneRutherford County
Median home value$273,700$346,400
Median property tax$1,475$1,757
Effective tax rate0.539%0.507%
Median gross rent$1,714$1,405
Population38,944351,591

The weather behind that power bill

La Vergne sits in Rutherford County, which averages a high of 89.2°F in its hottest month and a low of 27.5°F in its coldest, with 55.92" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,582 cooling and 3,765 heating degree days, which is what sets the $130 electricity line above.

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

Other cities in Rutherford County

Full Rutherford County cost breakdown · Every county in Tennessee

Common questions

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

A $274,000 home in La Vergne, Tennessee costs approximately $2,073 per month with 20% down at 6.66%. That is $1,409 principal and interest, $123 property tax, $115 homeowners insurance, $198 utilities and $228 set aside for maintenance.

What is the property tax rate in La Vergne?

La Vergne has an effective property tax rate of 0.539%, based on a median home value of $273,700 and median real estate taxes of $1,475. That is higher than the Rutherford County average of 0.507%.

What is the average home price in La Vergne?

The median owner-occupied home value in La Vergne, Tennessee is $273,700, against $346,400 across Rutherford County.

Is it cheaper to rent or buy in La Vergne?

Median gross rent in La Vergne is $1,714 a month, against $2,073 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 La Vergne — 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