Total monthly cost of ownership
Cost to Own a Home in Landen, Ohio
A $284,000 home here costs
$2,466per 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 $105,500 a year.
A standard mortgage calculator would have told you $1,548. The real number is $917 higher every month, 59% more than the payment most buyers budget for.
Compare Warren 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.
Landen against Warren County and Ohio
| Measure | Landen | Warren County |
|---|---|---|
| Median home value | $284,400 | $319,700 |
| Median property tax | $4,125 | $4,076 |
| Effective tax rate | 1.450% | 1.275% |
| Median gross rent | $1,463 | $1,293 |
| Population | 8,041 | 246,364 |
The weather behind that power bill
Landen sits in Warren County, which averages a high of 85.9°F in its hottest month and a low of 22.0°F in its coldest, with 40.97" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,099 cooling and 5,033 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Warren County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Warren County
Talk to someone who works this market
These are Landen 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 Landen every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Landen I already own here and may sell
Common questions
How much does it cost to own a home in Landen?
A $284,000 home in Landen, Ohio costs approximately $2,466 per month with 20% down at 7.24%. That is $1,548 principal and interest, $343 property tax, $106 homeowners insurance, $232 utilities and $237 set aside for maintenance.
What is the property tax rate in Landen?
Landen has an effective property tax rate of 1.450%, based on a median home value of $284,400 and median real estate taxes of $4,125. That is higher than the Warren County average of 1.275%.
What is the average home price in Landen?
The median owner-occupied home value in Landen, Ohio is $284,400, against $319,700 across Warren County.
Is it cheaper to rent or buy in Landen?
Median gross rent in Landen is $1,463 a month, against $2,466 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Landen?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Landen, Ohio at today's rate takes a household income of roughly $105,500 a year. That covers the full $2,466 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Landen, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Ohio.
- 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.