Total monthly cost of ownership
Cost to Own a Home in Port Royal, South Carolina
A $298,000 home here costs
$2,305per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,532. The real number is $773 higher every month — 50% 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.
Port Royal against Beaufort County and South Carolina
| Measure | Port Royal | Beaufort County |
|---|---|---|
| Median home value | $298,000 | $407,600 |
| Median property tax | $2,011 | $2,022 |
| Effective tax rate | 0.675% | 0.496% |
| Median gross rent | $1,606 | $1,484 |
| Population | 15,047 | 192,123 |
The weather behind that power bill
Port Royal sits in Beaufort County, which averages a high of 91.8°F in its hottest month and a low of 40.1°F in its coldest, with 45.02" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 2,570 cooling and 1,732 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Beaufort County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Beaufort County
Full Beaufort County cost breakdown · Every county in South Carolina
Common questions
How much does it cost to own a home in Port Royal?
A $298,000 home in Port Royal, South Carolina costs approximately $2,305 per month with 20% down at 6.66%. That is $1,532 principal and interest, $168 property tax, $144 homeowners insurance, $213 utilities and $248 set aside for maintenance.
What is the property tax rate in Port Royal?
Port Royal has an effective property tax rate of 0.675%, based on a median home value of $298,000 and median real estate taxes of $2,011. That is higher than the Beaufort County average of 0.496%.
What is the average home price in Port Royal?
The median owner-occupied home value in Port Royal, South Carolina is $298,000, against $407,600 across Beaufort County.
Is it cheaper to rent or buy in Port Royal?
Median gross rent in Port Royal is $1,606 a month, against $2,305 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 Royal — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for South Carolina.
- 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.