Total monthly cost of ownership
Cost to Own a Home in Rush Springs, Oklahoma
A $80,000 home here costs
$776per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $411. The real number is $365 higher every month — 89% 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.
Rush Springs against Grady County and Oklahoma
| Measure | Rush Springs | Grady County |
|---|---|---|
| Median home value | $80,300 | $187,900 |
| Median property tax | $390 | $1,321 |
| Effective tax rate | 0.486% | 0.703% |
| Median gross rent | $698 | $874 |
| Population | 1,230 | 55,868 |
The weather behind that power bill
Rush Springs sits in Grady County, which averages a high of 92.5°F in its hottest month and a low of 27.7°F in its coldest, with 37.65" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,945 cooling and 3,479 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Grady County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grady County
Common questions
How much does it cost to own a home in Rush Springs?
A $80,000 home in Rush Springs, Oklahoma costs approximately $776 per month with 20% down at 6.66%. That is $411 principal and interest, $32 property tax, $78 homeowners insurance, $188 utilities and $67 set aside for maintenance.
What is the property tax rate in Rush Springs?
Rush Springs has an effective property tax rate of 0.486%, based on a median home value of $80,300 and median real estate taxes of $390. That is lower than the Grady County average of 0.703%.
What is the average home price in Rush Springs?
The median owner-occupied home value in Rush Springs, Oklahoma is $80,300, against $187,900 across Grady County.
Is it cheaper to rent or buy in Rush Springs?
Median gross rent in Rush Springs is $698 a month, against $776 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 Rush Springs — 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.