Total monthly cost of ownership
Cost to Own a Home in Sandy, Oregon
A $450,000 home here costs
$3,430per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $147,000 a year.
A standard mortgage calculator would have told you $2,453. The real number is $977 higher every month, 40% more than the payment most buyers budget for.
Compare Clackamas County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Sandy against Clackamas County and Oregon
| Measure | Sandy | Clackamas County |
|---|---|---|
| Median home value | $450,200 | $577,900 |
| Median property tax | $3,944 | $5,051 |
| Effective tax rate | 0.876% | 0.874% |
| Median gross rent | $1,640 | $1,693 |
| Population | 12,738 | 422,308 |
The weather behind that power bill
Sandy sits in Clackamas County, which averages a high of 79.0°F in its hottest month and a low of 32.5°F in its coldest, with 68.95" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 201 cooling and 5,625 heating degree days, which is what sets the $140 electricity line above.
See the full climate breakdown for Clackamas County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clackamas County
Full Clackamas County cost breakdown · Every county in Oregon
Talk to someone who works this market
These are Sandy averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Sandy every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Sandy?
A $450,000 home in Sandy, Oregon costs approximately $3,430 per month with 20% down at 7.24%. That is $2,453 principal and interest, $329 property tax, $65 homeowners insurance, $208 utilities and $375 set aside for maintenance.
What is the property tax rate in Sandy?
Sandy has an effective property tax rate of 0.876%, based on a median home value of $450,200 and median real estate taxes of $3,944. That is in line with the Clackamas County average of 0.874%.
What is the average home price in Sandy?
The median owner-occupied home value in Sandy, Oregon is $450,200, against $577,900 across Clackamas County.
Is it cheaper to rent or buy in Sandy?
Median gross rent in Sandy is $1,640 a month, against $3,430 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Sandy?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sandy, Oregon at today's rate takes a household income of roughly $147,000 a year. That covers the full $3,430 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sandy, 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.