Cost to Own
United StatesFloridaOrange CountyMeadow Woods Population 40,741 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Meadow Woods, Florida

A $352,000 home here costs

$2,784

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

A standard mortgage calculator would have told you $1,810. The real number is $975 higher every month — 54% more than the payment most buyers budget for.

Meadow Woods median: $351,600
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, $281,600 borrowed $1,810
Property tax0.901% effective rate for Meadow Woods itself $264
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $213
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $293
Total monthly $2,784

Meadow Woods against Orange County and Florida

MeasureMeadow WoodsOrange County
Median home value$351,600$358,300
Median property tax$3,169$2,795
Effective tax rate0.901%0.780%
Median gross rent$1,859$1,675
Population40,7411,440,471

The weather behind that power bill

Meadow Woods sits in Orange County, which averages a high of 91.9°F in its hottest month and a low of 51.8°F in its coldest, with 51.47" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 3,693 cooling and 468 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in Orange County

Full Orange County cost breakdown · Every county in Florida

Common questions

How much does it cost to own a home in Meadow Woods?

A $352,000 home in Meadow Woods, Florida costs approximately $2,784 per month with 20% down at 6.66%. That is $1,810 principal and interest, $264 property tax, $213 homeowners insurance, $204 utilities and $293 set aside for maintenance.

What is the property tax rate in Meadow Woods?

Meadow Woods has an effective property tax rate of 0.901%, based on a median home value of $351,600 and median real estate taxes of $3,169. That is higher than the Orange County average of 0.780%.

What is the average home price in Meadow Woods?

The median owner-occupied home value in Meadow Woods, Florida is $351,600, against $358,300 across Orange County.

Is it cheaper to rent or buy in Meadow Woods?

Median gross rent in Meadow Woods is $1,859 a month, against $2,784 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 Meadow Woods — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Florida.
  • 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