Total monthly cost of ownership
Cost to Own a Home in LaBelle, Florida
A $139,000 home here costs
$1,228per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $715. The real number is $514 higher every month — 72% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
LaBelle against Hendry County and Florida
| Measure | LaBelle | Hendry County |
|---|---|---|
| Median home value | $139,300 | $189,700 |
| Median property tax | $1,319 | $1,519 |
| Effective tax rate | 0.947% | 0.801% |
| Median gross rent | $1,375 | $958 |
| Population | 5,042 | 40,798 |
The weather behind that power bill
LaBelle sits in Hendry County, which averages a high of 92.7°F in its hottest month and a low of 51.6°F in its coldest, with 53.76" of precipitation a year and 48% of it in a single three-month stretch. That climate drives 3,733 cooling and 331 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Hendry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hendry County
Common questions
How much does it cost to own a home in LaBelle?
A $139,000 home in LaBelle, Florida costs approximately $1,228 per month with 20% down at 6.66%. That is $715 principal and interest, $110 property tax, $84 homeowners insurance, $204 utilities and $116 set aside for maintenance.
What is the property tax rate in LaBelle?
LaBelle has an effective property tax rate of 0.947%, based on a median home value of $139,300 and median real estate taxes of $1,319. That is higher than the Hendry County average of 0.801%.
What is the average home price in LaBelle?
The median owner-occupied home value in LaBelle, Florida is $139,300, against $189,700 across Hendry County.
Is it cheaper to rent or buy in LaBelle?
Median gross rent in LaBelle is $1,375 a month, against $1,228 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for LaBelle — 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.