Total monthly cost of ownership
Cost to Own a Home in LaBelle, Florida
A $139,000 home here costs
$1,301per 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 $55,500 a year.
A standard mortgage calculator would have told you $758. The real number is $543 higher every month, 72% more than the payment most buyers budget for.
Compare Hendry 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.
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 $165 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
Talk to someone who works this market
These are LaBelle 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 LaBelle every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in LaBelle I already own here and may sell
Common questions
How much does it cost to own a home in LaBelle?
A $139,000 home in LaBelle, Florida costs approximately $1,301 per month with 20% down at 7.24%. That is $758 principal and interest, $110 property tax, $84 homeowners insurance, $233 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 $1,301 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in LaBelle?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in LaBelle, Florida at today's rate takes a household income of roughly $55,500 a year. That covers the full $1,301 monthly cost, not just the mortgage payment.
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.