Total monthly cost of ownership
Cost to Own a Home in Orchards, Washington
A $437,000 home here costs
$3,321per 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 $142,500 a year.
A standard mortgage calculator would have told you $2,383. The real number is $938 higher every month, 39% more than the payment most buyers budget for.
Compare Clark 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.
Orchards against Clark County and Washington
| Measure | Orchards | Clark County |
|---|---|---|
| Median home value | $437,100 | $487,900 |
| Median property tax | $3,621 | $4,080 |
| Effective tax rate | 0.828% | 0.836% |
| Median gross rent | $1,685 | $1,668 |
| Population | 29,716 | 510,516 |
The weather behind that power bill
Orchards sits in Clark County, which averages a high of 79.6°F in its hottest month and a low of 31.7°F in its coldest, with 52.37" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 164 cooling and 5,303 heating degree days, which is what sets the $140 electricity line above.
See the full climate breakdown for Clark County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clark County
Full Clark County cost breakdown · Every county in Washington
Talk to someone who works this market
These are Orchards 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 Orchards every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Orchards I already own here and may sell
Common questions
How much does it cost to own a home in Orchards?
A $437,000 home in Orchards, Washington costs approximately $3,321 per month with 20% down at 7.24%. That is $2,383 principal and interest, $302 property tax, $65 homeowners insurance, $208 utilities and $364 set aside for maintenance.
What is the property tax rate in Orchards?
Orchards has an effective property tax rate of 0.828%, based on a median home value of $437,100 and median real estate taxes of $3,621. That is in line with the Clark County average of 0.836%.
What is the average home price in Orchards?
The median owner-occupied home value in Orchards, Washington is $437,100, against $487,900 across Clark County.
Is it cheaper to rent or buy in Orchards?
Median gross rent in Orchards is $1,685 a month, against $3,321 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 Orchards?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Orchards, Washington at today's rate takes a household income of roughly $142,500 a year. That covers the full $3,321 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Orchards, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Washington.
- 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.