Cost to Own
United StatesMassachusettsMiddlesex CountyMarlborough Population 41,398 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Marlborough, Massachusetts

A $485,000 home here costs

$3,827

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

A standard mortgage calculator would have told you $2,493. The real number is $1,333 higher every month — 53% more than the payment most buyers budget for.

Marlborough median: $485,400
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, $388,000 borrowed $2,493
Property tax1.180% effective rate for Marlborough itself $477
Homeowners insuranceMassachusetts averages $1,712/yr (NAIC), or 0.31% of home value $125
Electricity28.82¢/kWh — Massachusetts residential average, EIA $259
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $404
Total monthly $3,827

Marlborough against Middlesex County and Massachusetts

MeasureMarlboroughMiddlesex County
Median home value$485,400$687,200
Median property tax$5,726$7,240
Effective tax rate1.180%1.054%
Median gross rent$1,721$2,126
Population41,3981,622,896

The weather behind that power bill

Marlborough sits in Middlesex County, which averages a high of 85.1°F in its hottest month and a low of 18.2°F in its coldest, with 42.6" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 743 cooling and 5,996 heating degree days, which is what sets the $259 electricity line above.

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

Other cities in Middlesex County

Full Middlesex County cost breakdown · Every county in Massachusetts

Common questions

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

A $485,000 home in Marlborough, Massachusetts costs approximately $3,827 per month with 20% down at 6.66%. That is $2,493 principal and interest, $477 property tax, $125 homeowners insurance, $327 utilities and $404 set aside for maintenance.

What is the property tax rate in Marlborough?

Marlborough has an effective property tax rate of 1.180%, based on a median home value of $485,400 and median real estate taxes of $5,726. That is higher than the Middlesex County average of 1.054%.

What is the average home price in Marlborough?

The median owner-occupied home value in Marlborough, Massachusetts is $485,400, against $687,200 across Middlesex County.

Is it cheaper to rent or buy in Marlborough?

Median gross rent in Marlborough is $1,721 a month, against $3,827 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 Marlborough — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Massachusetts.
  • 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