Total monthly cost of ownership
Cost to Own a Home in New Windsor, New York
A $324,000 home here costs
$2,960per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,666. The real number is $1,294 higher every month — 78% 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.
New Windsor against Orange County and New York
| Measure | New Windsor | Orange County |
|---|---|---|
| Median home value | $324,300 | $361,100 |
| Median property tax | $7,393 | $8,463 |
| Effective tax rate | 2.280% | 2.344% |
| Median gross rent | $1,579 | $1,602 |
| Population | 8,427 | 403,840 |
The weather behind that power bill
New Windsor sits in Orange County, which averages a high of 83.6°F in its hottest month and a low of 17.3°F in its coldest, with 40.99" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 617 cooling and 6,266 heating degree days, which is what sets the $269 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 New York
Common questions
How much does it cost to own a home in New Windsor?
A $324,000 home in New Windsor, New York costs approximately $2,960 per month with 20% down at 6.66%. That is $1,666 principal and interest, $616 property tax, $71 homeowners insurance, $337 utilities and $270 set aside for maintenance.
What is the property tax rate in New Windsor?
New Windsor has an effective property tax rate of 2.280%, based on a median home value of $324,300 and median real estate taxes of $7,393. That is lower than the Orange County average of 2.344%.
What is the average home price in New Windsor?
The median owner-occupied home value in New Windsor, New York is $324,300, against $361,100 across Orange County.
Is it cheaper to rent or buy in New Windsor?
Median gross rent in New Windsor is $1,579 a month, against $2,960 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 New Windsor — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New York.
- 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.