Cost to Own
United StatesTennesseeFayette CountyRossville Population 1,173 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Rossville, Tennessee

A $460,000 home here costs

$3,284

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

A standard mortgage calculator would have told you $2,365. The real number is $920 higher every month — 39% more than the payment most buyers budget for.

Rossville median: $459,800
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, $368,000 borrowed $2,365
Property tax0.377% effective rate for Rossville itself $145
Homeowners insuranceTennessee averages $1,368/yr (NAIC), or 0.505% of home value $194
Electricity14.47¢/kWh — Tennessee residential average, EIA $130
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $383
Total monthly $3,284

Rossville against Fayette County and Tennessee

MeasureRossvilleFayette County
Median home value$459,800$316,000
Median property tax$1,732$1,092
Effective tax rate0.377%0.346%
Median gross rent$883
Population1,17342,653

The weather behind that power bill

Rossville sits in Fayette County, which averages a high of 90.4°F in its hottest month and a low of 29.9°F in its coldest, with 54.87" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,871 cooling and 3,227 heating degree days, which is what sets the $130 electricity line above.

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

Other cities in Fayette County

Full Fayette County cost breakdown · Every county in Tennessee

Common questions

How much does it cost to own a home in Rossville?

A $460,000 home in Rossville, Tennessee costs approximately $3,284 per month with 20% down at 6.66%. That is $2,365 principal and interest, $145 property tax, $194 homeowners insurance, $198 utilities and $383 set aside for maintenance.

What is the property tax rate in Rossville?

Rossville has an effective property tax rate of 0.377%, based on a median home value of $459,800 and median real estate taxes of $1,732. That is higher than the Fayette County average of 0.346%.

What is the average home price in Rossville?

The median owner-occupied home value in Rossville, Tennessee is $459,800, against $316,000 across Fayette County.

Is it cheaper to rent or buy in Rossville?

Rent data is not published for Rossville at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Rossville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Tennessee.
  • 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