Total monthly cost of ownership
Cost to Own a Home in Port Orchard, Washington
A $492,000 home here costs
$3,694per 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 $158,500 a year.
A standard mortgage calculator would have told you $2,682. The real number is $1,012 higher every month, 38% more than the payment most buyers budget for.
Compare Kitsap 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.
Port Orchard against Kitsap County and Washington
| Measure | Port Orchard | Kitsap County |
|---|---|---|
| Median home value | $492,000 | $505,700 |
| Median property tax | $3,854 | $4,030 |
| Effective tax rate | 0.783% | 0.797% |
| Median gross rent | $1,760 | $1,741 |
| Population | 16,398 | 276,581 |
The weather behind that power bill
Port Orchard sits in Kitsap County, which averages a high of 77.3°F in its hottest month and a low of 35.0°F in its coldest, with 56.93" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 193 cooling and 4,825 heating degree days, which is what sets the $140 electricity line above.
See the full climate breakdown for Kitsap County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kitsap County
Full Kitsap County cost breakdown · Every county in Washington
Talk to someone who works this market
These are Port Orchard 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 Port Orchard every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Port Orchard I already own here and may sell
Common questions
How much does it cost to own a home in Port Orchard?
A $492,000 home in Port Orchard, Washington costs approximately $3,694 per month with 20% down at 7.24%. That is $2,682 principal and interest, $321 property tax, $73 homeowners insurance, $208 utilities and $410 set aside for maintenance.
What is the property tax rate in Port Orchard?
Port Orchard has an effective property tax rate of 0.783%, based on a median home value of $492,000 and median real estate taxes of $3,854. That is lower than the Kitsap County average of 0.797%.
What is the average home price in Port Orchard?
The median owner-occupied home value in Port Orchard, Washington is $492,000, against $505,700 across Kitsap County.
Is it cheaper to rent or buy in Port Orchard?
Median gross rent in Port Orchard is $1,760 a month, against $3,694 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 Port Orchard?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Port Orchard, Washington at today's rate takes a household income of roughly $158,500 a year. That covers the full $3,694 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Port Orchard, 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.