Cost to Own
United StatesOregonMultnomah CountyMaywood Park Population 1,144 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Maywood Park, Oregon

A $557,000 home here costs

$3,995

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

A standard mortgage calculator would have told you $2,864. The real number is $1,132 higher every month — 40% more than the payment most buyers budget for.

Maywood Park median: $557,000
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, $445,600 borrowed $2,864
Property tax0.804% effective rate for Maywood Park itself $373
Homeowners insuranceOregon averages $793/yr (NAIC), or 0.173% of home value $80
Electricity16.27¢/kWh — Oregon residential average, EIA $146
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $464
Total monthly $3,995

Maywood Park against Multnomah County and Oregon

MeasureMaywood ParkMultnomah County
Median home value$557,000$528,000
Median property tax$4,476$5,061
Effective tax rate0.804%0.959%
Median gross rent$2,025$1,582
Population1,144803,863

The weather behind that power bill

Maywood Park sits in Multnomah County, which averages a high of 82.3°F in its hottest month and a low of 37.2°F in its coldest, with 40.66" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 427 cooling and 4,155 heating degree days, which is what sets the $146 electricity line above.

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

Other cities in Multnomah County

Full Multnomah County cost breakdown · Every county in Oregon

Common questions

How much does it cost to own a home in Maywood Park?

A $557,000 home in Maywood Park, Oregon costs approximately $3,995 per month with 20% down at 6.66%. That is $2,864 principal and interest, $373 property tax, $80 homeowners insurance, $214 utilities and $464 set aside for maintenance.

What is the property tax rate in Maywood Park?

Maywood Park has an effective property tax rate of 0.804%, based on a median home value of $557,000 and median real estate taxes of $4,476. That is lower than the Multnomah County average of 0.959%.

What is the average home price in Maywood Park?

The median owner-occupied home value in Maywood Park, Oregon is $557,000, against $528,000 across Multnomah County.

Is it cheaper to rent or buy in Maywood Park?

Median gross rent in Maywood Park is $2,025 a month, against $3,995 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 Maywood Park — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Oregon.
  • 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