Total monthly cost of ownership
Cost to Own a Home in Lawrenceburg, Indiana
A $191,000 home here costs
$1,579per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $982. The real number is $597 higher every month — 61% 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.
Lawrenceburg against Dearborn County and Indiana
| Measure | Lawrenceburg | Dearborn County |
|---|---|---|
| Median home value | $191,400 | $227,100 |
| Median property tax | $1,500 | $1,726 |
| Effective tax rate | 0.784% | 0.760% |
| Median gross rent | $733 | $848 |
| Population | 5,155 | 50,828 |
The weather behind that power bill
Lawrenceburg sits in Dearborn County, which averages a high of 86.0°F in its hottest month and a low of 23.1°F in its coldest, with 45.26" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,160 cooling and 4,892 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Dearborn County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dearborn County
Full Dearborn County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Lawrenceburg?
A $191,000 home in Lawrenceburg, Indiana costs approximately $1,579 per month with 20% down at 6.66%. That is $982 principal and interest, $125 property tax, $81 homeowners insurance, $231 utilities and $159 set aside for maintenance.
What is the property tax rate in Lawrenceburg?
Lawrenceburg has an effective property tax rate of 0.784%, based on a median home value of $191,400 and median real estate taxes of $1,500. That is higher than the Dearborn County average of 0.760%.
What is the average home price in Lawrenceburg?
The median owner-occupied home value in Lawrenceburg, Indiana is $191,400, against $227,100 across Dearborn County.
Is it cheaper to rent or buy in Lawrenceburg?
Median gross rent in Lawrenceburg is $733 a month, against $1,579 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 Lawrenceburg — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- 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.