Cost to Own
United StatesIllinoisRock Island CountyPort Byron Population 1,959 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Port Byron, Illinois

A $259,000 home here costs

$2,405

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,332. The real number is $1,073 higher every month — 81% more than the payment most buyers budget for.

Port Byron median: $259,300
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $207,200 borrowed $1,332
Property tax2.195% effective rate for Port Byron itself $474
Homeowners insuranceIllinois averages $1,223/yr (NAIC), or 0.47% of home value $101
Electricity23.85¢/kWh — Illinois residential average, EIA $214
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $216
Total monthly $2,405

Port Byron against Rock Island County and Illinois

MeasurePort ByronRock Island County
Median home value$259,300$144,700
Median property tax$5,691$3,372
Effective tax rate2.195%2.330%
Median gross rent$513$863
Population1,959142,995

The weather behind that power bill

Port Byron sits in Rock Island County, which averages a high of 86.1°F in its hottest month and a low of 14.8°F in its coldest, with 38.27" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,041 cooling and 6,024 heating degree days, which is what sets the $214 electricity line above.

See the full climate breakdown for Rock Island County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Rock Island County

Full Rock Island County cost breakdown · Every county in Illinois

Common questions

How much does it cost to own a home in Port Byron?

A $259,000 home in Port Byron, Illinois costs approximately $2,405 per month with 20% down at 6.66%. That is $1,332 principal and interest, $474 property tax, $101 homeowners insurance, $282 utilities and $216 set aside for maintenance.

What is the property tax rate in Port Byron?

Port Byron has an effective property tax rate of 2.195%, based on a median home value of $259,300 and median real estate taxes of $5,691. That is lower than the Rock Island County average of 2.330%.

What is the average home price in Port Byron?

The median owner-occupied home value in Port Byron, Illinois is $259,300, against $144,700 across Rock Island County.

Is it cheaper to rent or buy in Port Byron?

Median gross rent in Port Byron is $513 a month, against $2,405 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 Port Byron — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Illinois.
  • 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.

Full methodology