Total monthly cost of ownership
Cost to Own a Home in Millersburg, Oregon
A $499,000 home here costs
$3,641per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,565. The real number is $1,076 higher every month — 42% 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.
Millersburg against Linn County and Oregon
| Measure | Millersburg | Linn County |
|---|---|---|
| Median home value | $498,700 | $344,600 |
| Median property tax | $4,482 | $3,130 |
| Effective tax rate | 0.899% | 0.908% |
| Median gross rent | $2,017 | $1,273 |
| Population | 3,096 | 129,794 |
The weather behind that power bill
Millersburg sits in Linn County, which averages a high of 79.9°F in its hottest month and a low of 32.6°F in its coldest, with 63.09" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 118 cooling and 5,540 heating degree days, which is what sets the $146 electricity line above.
See the full climate breakdown for Linn County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Linn County
Common questions
How much does it cost to own a home in Millersburg?
A $499,000 home in Millersburg, Oregon costs approximately $3,641 per month with 20% down at 6.66%. That is $2,565 principal and interest, $374 property tax, $72 homeowners insurance, $214 utilities and $416 set aside for maintenance.
What is the property tax rate in Millersburg?
Millersburg has an effective property tax rate of 0.899%, based on a median home value of $498,700 and median real estate taxes of $4,482. That is in line with the Linn County average of 0.908%.
What is the average home price in Millersburg?
The median owner-occupied home value in Millersburg, Oregon is $498,700, against $344,600 across Linn County.
Is it cheaper to rent or buy in Millersburg?
Median gross rent in Millersburg is $2,017 a month, against $3,641 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 Millersburg — 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.