Total monthly cost of ownership
Cost to Own a Home in Leslie, Michigan
A $124,000 home here costs
$1,268per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $637. The real number is $631 higher every month — 99% 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.
Leslie against Ingham County and Michigan
| Measure | Leslie | Ingham County |
|---|---|---|
| Median home value | $124,100 | $187,500 |
| Median property tax | $2,588 | $3,488 |
| Effective tax rate | 2.085% | 1.860% |
| Median gross rent | $1,013 | $1,058 |
| Population | 2,167 | 282,015 |
The weather behind that power bill
Leslie sits in Ingham County, which averages a high of 83.0°F in its hottest month and a low of 17.5°F in its coldest, with 34.32" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 707 cooling and 6,411 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Ingham County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ingham County
Full Ingham County cost breakdown · Every county in Michigan
Common questions
How much does it cost to own a home in Leslie?
A $124,000 home in Leslie, Michigan costs approximately $1,268 per month with 20% down at 6.66%. That is $637 principal and interest, $215 property tax, $46 homeowners insurance, $266 utilities and $103 set aside for maintenance.
What is the property tax rate in Leslie?
Leslie has an effective property tax rate of 2.085%, based on a median home value of $124,100 and median real estate taxes of $2,588. That is higher than the Ingham County average of 1.860%.
What is the average home price in Leslie?
The median owner-occupied home value in Leslie, Michigan is $124,100, against $187,500 across Ingham County.
Is it cheaper to rent or buy in Leslie?
Median gross rent in Leslie is $1,013 a month, against $1,268 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 Leslie — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Michigan.
- 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.