Total monthly cost of ownership
Cost to Own a Home in Milton-Freewater, Oregon
A $210,000 home here costs
$1,713per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $73,500 a year.
A standard mortgage calculator would have told you $1,145. The real number is $568 higher every month, 50% more than the payment most buyers budget for.
Compare Umatilla County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Milton-Freewater against Umatilla County and Oregon
| Measure | Milton-Freewater | Umatilla County |
|---|---|---|
| Median home value | $209,800 | $256,100 |
| Median property tax | $1,849 | $2,534 |
| Effective tax rate | 0.881% | 0.989% |
| Median gross rent | $817 | $962 |
| Population | 7,096 | 80,087 |
The weather behind that power bill
Milton-Freewater sits in Umatilla County, which averages a high of 89.2°F in its hottest month and a low of 27.5°F in its coldest, with 12.83" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 636 cooling and 5,340 heating degree days, which is what sets the $140 electricity line above.
See the full climate breakdown for Umatilla County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Umatilla County
Full Umatilla County cost breakdown · Every county in Oregon
Talk to someone who works this market
These are Milton-Freewater averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Milton-Freewater every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Milton-Freewater I already own here and may sell
Common questions
How much does it cost to own a home in Milton-Freewater?
A $210,000 home in Milton-Freewater, Oregon costs approximately $1,713 per month with 20% down at 7.24%. That is $1,145 principal and interest, $154 property tax, $30 homeowners insurance, $208 utilities and $175 set aside for maintenance.
What is the property tax rate in Milton-Freewater?
Milton-Freewater has an effective property tax rate of 0.881%, based on a median home value of $209,800 and median real estate taxes of $1,849. That is lower than the Umatilla County average of 0.989%.
What is the average home price in Milton-Freewater?
The median owner-occupied home value in Milton-Freewater, Oregon is $209,800, against $256,100 across Umatilla County.
Is it cheaper to rent or buy in Milton-Freewater?
Median gross rent in Milton-Freewater is $817 a month, against $1,713 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Milton-Freewater?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Milton-Freewater, Oregon at today's rate takes a household income of roughly $73,500 a year. That covers the full $1,713 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Milton-Freewater, 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.