Total monthly cost of ownership
Cost to Own a Home in Nyssa, Oregon
A $173,000 home here costs
$1,409per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $889. The real number is $520 higher every month — 58% 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.
Nyssa against Malheur County and Oregon
| Measure | Nyssa | Malheur County |
|---|---|---|
| Median home value | $172,700 | $221,300 |
| Median property tax | $1,635 | $1,799 |
| Effective tax rate | 0.947% | 0.813% |
| Median gross rent | $820 | $819 |
| Population | 3,220 | 31,701 |
The weather behind that power bill
Nyssa sits in Malheur County, which averages a high of 87.7°F in its hottest month and a low of 20.5°F in its coldest, with 11.3" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 457 cooling and 6,473 heating degree days, which is what sets the $146 electricity line above.
See the full climate breakdown for Malheur County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Malheur County
Common questions
How much does it cost to own a home in Nyssa?
A $173,000 home in Nyssa, Oregon costs approximately $1,409 per month with 20% down at 6.66%. That is $889 principal and interest, $137 property tax, $25 homeowners insurance, $214 utilities and $144 set aside for maintenance.
What is the property tax rate in Nyssa?
Nyssa has an effective property tax rate of 0.947%, based on a median home value of $172,700 and median real estate taxes of $1,635. That is higher than the Malheur County average of 0.813%.
What is the average home price in Nyssa?
The median owner-occupied home value in Nyssa, Oregon is $172,700, against $221,300 across Malheur County.
Is it cheaper to rent or buy in Nyssa?
Median gross rent in Nyssa is $820 a month, against $1,409 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 Nyssa — 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.