Total monthly cost of ownership
Cost to Own a Home in Quanah, Texas
A $71,000 home here costs
$764per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $365. The real number is $399 higher every month — 109% 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.
Quanah against Hardeman County and Texas
| Measure | Quanah | Hardeman County |
|---|---|---|
| Median home value | $70,800 | $76,500 |
| Median property tax | $920 | $905 |
| Effective tax rate | 1.299% | 1.183% |
| Median gross rent | $630 | $688 |
| Population | 2,100 | 3,529 |
The weather behind that power bill
Quanah sits in Hardeman County, which averages a high of 96.6°F in its hottest month and a low of 27.0°F in its coldest, with 25.58" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,231 cooling and 3,250 heating degree days, which is what sets the $148 electricity line above.
See the full climate breakdown for Hardeman County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hardeman County
No other places of this size are published in Hardeman County.
Common questions
How much does it cost to own a home in Quanah?
A $71,000 home in Quanah, Texas costs approximately $764 per month with 20% down at 6.66%. That is $365 principal and interest, $77 property tax, $47 homeowners insurance, $216 utilities and $59 set aside for maintenance.
What is the property tax rate in Quanah?
Quanah has an effective property tax rate of 1.299%, based on a median home value of $70,800 and median real estate taxes of $920. That is higher than the Hardeman County average of 1.183%.
What is the average home price in Quanah?
The median owner-occupied home value in Quanah, Texas is $70,800, against $76,500 across Hardeman County.
Is it cheaper to rent or buy in Quanah?
Median gross rent in Quanah is $630 a month, against $764 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 Quanah — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Texas.
- 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.