Total monthly cost of ownership
Cost to Own a Home in Orange, Virginia
A $253,000 home here costs
$1,929per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,301. The real number is $629 higher every month — 48% 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.
Orange against Orange County and Virginia
| Measure | Orange | Orange County |
|---|---|---|
| Median home value | $252,800 | $337,300 |
| Median property tax | $1,553 | $2,048 |
| Effective tax rate | 0.614% | 0.607% |
| Median gross rent | $1,070 | $1,145 |
| Population | 5,000 | 37,208 |
The weather behind that power bill
Orange sits in Orange County, which averages a high of 86.5°F in its hottest month and a low of 25.3°F in its coldest, with 43.74" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,198 cooling and 4,425 heating degree days, which is what sets the $158 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 Virginia
Common questions
How much does it cost to own a home in Orange?
A $253,000 home in Orange, Virginia costs approximately $1,929 per month with 20% down at 6.66%. That is $1,301 principal and interest, $129 property tax, $62 homeowners insurance, $226 utilities and $211 set aside for maintenance.
What is the property tax rate in Orange?
Orange has an effective property tax rate of 0.614%, based on a median home value of $252,800 and median real estate taxes of $1,553. That is in line with the Orange County average of 0.607%.
What is the average home price in Orange?
The median owner-occupied home value in Orange, Virginia is $252,800, against $337,300 across Orange County.
Is it cheaper to rent or buy in Orange?
Median gross rent in Orange is $1,070 a month, against $1,929 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 Orange — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- 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.