Total monthly cost of ownership
Cost to Own a Home in Lapwai, Idaho
A $114,000 home here costs
$984per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $586. The real number is $398 higher every month — 68% 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.
Lapwai against Nez Perce County and Idaho
| Measure | Lapwai | Nez Perce County |
|---|---|---|
| Median home value | $114,000 | $291,300 |
| Median property tax | $1,223 | $2,529 |
| Effective tax rate | 1.073% | 0.868% |
| Median gross rent | $967 | $936 |
| Population | 1,041 | 42,477 |
The weather behind that power bill
Lapwai sits in Nez Perce County, which averages a high of 90.8°F in its hottest month and a low of 29.5°F in its coldest, with 12.87" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 913 cooling and 4,980 heating degree days, which is what sets the $111 electricity line above.
See the full climate breakdown for Nez Perce County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Nez Perce County
Full Nez Perce County cost breakdown · Every county in Idaho
Common questions
How much does it cost to own a home in Lapwai?
A $114,000 home in Lapwai, Idaho costs approximately $984 per month with 20% down at 6.66%. That is $586 principal and interest, $102 property tax, $22 homeowners insurance, $179 utilities and $95 set aside for maintenance.
What is the property tax rate in Lapwai?
Lapwai has an effective property tax rate of 1.073%, based on a median home value of $114,000 and median real estate taxes of $1,223. That is higher than the Nez Perce County average of 0.868%.
What is the average home price in Lapwai?
The median owner-occupied home value in Lapwai, Idaho is $114,000, against $291,300 across Nez Perce County.
Is it cheaper to rent or buy in Lapwai?
Median gross rent in Lapwai is $967 a month, against $984 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 Lapwai — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Idaho.
- 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.