Cost to Own
United StatesOregonTillamook CountyRockaway Beach Population 1,577 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Rockaway Beach, Oregon

A $341,000 home here costs

$2,470

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

A standard mortgage calculator would have told you $1,753. The real number is $717 higher every month — 41% more than the payment most buyers budget for.

Rockaway Beach median: $341,100
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, $272,800 borrowed $1,753
Property tax0.597% effective rate for Rockaway Beach itself $170
Homeowners insuranceOregon averages $793/yr (NAIC), or 0.173% of home value $49
Electricity16.27¢/kWh — Oregon residential average, EIA $146
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $284
Total monthly $2,470

Rockaway Beach against Tillamook County and Oregon

MeasureRockaway BeachTillamook County
Median home value$341,100$408,600
Median property tax$2,036$2,449
Effective tax rate0.597%0.599%
Median gross rent$1,308$1,169
Population1,57727,471

The weather behind that power bill

Rockaway Beach sits in Tillamook County, which averages a high of 68.9°F in its hottest month and a low of 37.1°F in its coldest, with 84.39" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 11 cooling and 5,354 heating degree days, which is what sets the $146 electricity line above.

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

Other cities in Tillamook County

Full Tillamook County cost breakdown · Every county in Oregon

Common questions

How much does it cost to own a home in Rockaway Beach?

A $341,000 home in Rockaway Beach, Oregon costs approximately $2,470 per month with 20% down at 6.66%. That is $1,753 principal and interest, $170 property tax, $49 homeowners insurance, $214 utilities and $284 set aside for maintenance.

What is the property tax rate in Rockaway Beach?

Rockaway Beach has an effective property tax rate of 0.597%, based on a median home value of $341,100 and median real estate taxes of $2,036. That is in line with the Tillamook County average of 0.599%.

What is the average home price in Rockaway Beach?

The median owner-occupied home value in Rockaway Beach, Oregon is $341,100, against $408,600 across Tillamook County.

Is it cheaper to rent or buy in Rockaway Beach?

Median gross rent in Rockaway Beach is $1,308 a month, against $2,470 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 Rockaway Beach — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Oregon.
  • 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