Total monthly cost of ownership
Cost to Own a Home in Mount Angel, Oregon
A $403,000 home here costs
$3,133per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $134,500 a year.
A standard mortgage calculator would have told you $2,232. The real number is $900 higher every month, 40% more than the payment most buyers budget for.
Compare Marion County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Mount Angel from a five-year rolling sample, and with about 3,405 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Marion County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Mount Angel against Marion County and Oregon
| Measure | Mount Angel | Marion County |
|---|---|---|
| Median home value | $403,000 | $383,300 |
| Median property tax | $3,571 | $3,382 |
| Effective tax rate | 0.886% | 0.882% |
| Median gross rent | $1,171 | $1,333 |
| Population | 3,405 | 346,532 |
The weather behind that power bill
Mount Angel sits in Marion County, which averages a high of 76.3°F in its hottest month and a low of 32.5°F in its coldest, with 68.92" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 99 cooling and 5,992 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Marion County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Marion County
Talk to someone who works this market
These are Mount Angel 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 Mount Angel every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Mount Angel I already own here and may sell
Common questions
How much does it cost to own a home in Mount Angel?
A $403,000 home in Mount Angel, Oregon costs approximately $3,133 per month with 20% down at 7.4%. That is $2,232 principal and interest, $298 property tax, $58 homeowners insurance, $209 utilities and $336 set aside for maintenance.
What is the property tax rate in Mount Angel?
Mount Angel has an effective property tax rate of 0.886%, based on a median home value of $403,000 and median real estate taxes of $3,571. That is in line with the Marion County average of 0.882%.
What is the average home price in Mount Angel?
The median owner-occupied home value in Mount Angel, Oregon is $403,000, against $383,300 across Marion County.
Is it cheaper to rent or buy in Mount Angel?
Median gross rent in Mount Angel is $1,171 a month, against $3,133 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 Mount Angel?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Mount Angel, Oregon at today's rate takes a household income of roughly $134,500 a year. That covers the full $3,133 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Mount Angel, 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.