Cost to Own
United StatesWashingtonGrant CountyLakeview Population 1,601 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Lakeview, Washington

A $200,000 home here costs

$1,554

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

A standard mortgage calculator would have told you $1,028. The real number is $526 higher every month — 51% more than the payment most buyers budget for.

Lakeview median: $200,300
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, $160,000 borrowed $1,028
Property tax0.763% effective rate for Lakeview itself $127
Homeowners insuranceWashington averages $1,001/yr (NAIC), or 0.178% of home value $30
Electricity14.95¢/kWh — Washington residential average, EIA $134
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $167
Total monthly $1,554

Lakeview against Grant County and Washington

MeasureLakeviewGrant County
Median home value$200,300$275,700
Median property tax$1,528$2,268
Effective tax rate0.763%0.823%
Median gross rent$993$1,059
Population1,601100,428

The weather behind that power bill

Lakeview sits in Grant County, which averages a high of 89.3°F in its hottest month and a low of 23.5°F in its coldest, with 7.58" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 843 cooling and 5,753 heating degree days, which is what sets the $134 electricity line above.

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

Other cities in Grant County

Full Grant County cost breakdown · Every county in Washington

Common questions

How much does it cost to own a home in Lakeview?

A $200,000 home in Lakeview, Washington costs approximately $1,554 per month with 20% down at 6.66%. That is $1,028 principal and interest, $127 property tax, $30 homeowners insurance, $202 utilities and $167 set aside for maintenance.

What is the property tax rate in Lakeview?

Lakeview has an effective property tax rate of 0.763%, based on a median home value of $200,300 and median real estate taxes of $1,528. That is lower than the Grant County average of 0.823%.

What is the average home price in Lakeview?

The median owner-occupied home value in Lakeview, Washington is $200,300, against $275,700 across Grant County.

Is it cheaper to rent or buy in Lakeview?

Median gross rent in Lakeview is $993 a month, against $1,554 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 Lakeview — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Washington.
  • 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