Total monthly cost of ownership
Cost to Own a Home in Roland, Oklahoma
A $130,000 home here costs
$1,184per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $668. The real number is $516 higher every month — 77% 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.
Roland against Sequoyah County and Oklahoma
| Measure | Roland | Sequoyah County |
|---|---|---|
| Median home value | $130,300 | $127,500 |
| Median property tax | $1,122 | $723 |
| Effective tax rate | 0.861% | 0.567% |
| Median gross rent | $849 | $796 |
| Population | 3,527 | 39,676 |
The weather behind that power bill
Roland sits in Sequoyah County, which averages a high of 91.4°F in its hottest month and a low of 27.9°F in its coldest, with 47.4" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,833 cooling and 3,549 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Sequoyah County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sequoyah County
Full Sequoyah County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Roland?
A $130,000 home in Roland, Oklahoma costs approximately $1,184 per month with 20% down at 6.66%. That is $668 principal and interest, $93 property tax, $126 homeowners insurance, $188 utilities and $108 set aside for maintenance.
What is the property tax rate in Roland?
Roland has an effective property tax rate of 0.861%, based on a median home value of $130,300 and median real estate taxes of $1,122. That is higher than the Sequoyah County average of 0.567%.
What is the average home price in Roland?
The median owner-occupied home value in Roland, Oklahoma is $130,300, against $127,500 across Sequoyah County.
Is it cheaper to rent or buy in Roland?
Median gross rent in Roland is $849 a month, against $1,184 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 Roland — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oklahoma.
- 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.