Cost to Own
United StatesMissouriCamden CountyLake Ozark Population 2,451 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Lake Ozark, Missouri

A $309,000 home here costs

$2,361

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

A standard mortgage calculator would have told you $1,589. The real number is $772 higher every month — 49% more than the payment most buyers budget for.

Lake Ozark median: $308,700
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, $247,200 borrowed $1,589
Property tax0.633% effective rate for Lake Ozark itself $163
Homeowners insuranceMissouri averages $1,340/yr (NAIC), or 0.625% of home value $161
Electricity13.68¢/kWh — Missouri residential average, EIA $123
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $258
Total monthly $2,361

Lake Ozark against Camden County and Missouri

MeasureLake OzarkCamden County
Median home value$308,700$270,700
Median property tax$1,955$1,354
Effective tax rate0.633%0.500%
Median gross rent$1,017$838
Population2,45143,416

Lake Ozark extends across 2 counties. Figures here use Camden County, where most of its housing sits.

The weather behind that power bill

Lake Ozark sits in Camden County, which averages a high of 89.4°F in its hottest month and a low of 25.3°F in its coldest, with 42.57" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,565 cooling and 4,065 heating degree days, which is what sets the $123 electricity line above.

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

Other cities in Camden County

Full Camden County cost breakdown · Every county in Missouri

Common questions

How much does it cost to own a home in Lake Ozark?

A $309,000 home in Lake Ozark, Missouri costs approximately $2,361 per month with 20% down at 6.66%. That is $1,589 principal and interest, $163 property tax, $161 homeowners insurance, $191 utilities and $258 set aside for maintenance.

What is the property tax rate in Lake Ozark?

Lake Ozark has an effective property tax rate of 0.633%, based on a median home value of $308,700 and median real estate taxes of $1,955. That is higher than the Camden County average of 0.500%.

What is the average home price in Lake Ozark?

The median owner-occupied home value in Lake Ozark, Missouri is $308,700, against $270,700 across Camden County.

Is it cheaper to rent or buy in Lake Ozark?

Median gross rent in Lake Ozark is $1,017 a month, against $2,361 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 Lake Ozark — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Missouri.
  • 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