Total monthly cost of ownership
Cost to Own a Home in Saunders Lake, Oregon
A $397,000 home here costs
$2,827per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,041. The real number is $786 higher every month — 39% 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.
Saunders Lake against Coos County and Oregon
| Measure | Saunders Lake | Coos County |
|---|---|---|
| Median home value | $396,500 | $302,800 |
| Median property tax | $2,199 | $2,243 |
| Effective tax rate | 0.555% | 0.741% |
| Median gross rent | $1,367 | $992 |
| Population | 1,495 | 64,832 |
The weather behind that power bill
Saunders Lake sits in Coos County, which averages a high of 73.6°F in its hottest month and a low of 36.4°F in its coldest, with 54.86" of precipitation a year and 48% of it in a single three-month stretch. That climate drives 34 cooling and 4,315 heating degree days, which is what sets the $146 electricity line above.
See the full climate breakdown for Coos County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Coos County
Common questions
How much does it cost to own a home in Saunders Lake?
A $397,000 home in Saunders Lake, Oregon costs approximately $2,827 per month with 20% down at 6.66%. That is $2,041 principal and interest, $184 property tax, $57 homeowners insurance, $214 utilities and $331 set aside for maintenance.
What is the property tax rate in Saunders Lake?
Saunders Lake has an effective property tax rate of 0.555%, based on a median home value of $396,500 and median real estate taxes of $2,199. That is lower than the Coos County average of 0.741%.
What is the average home price in Saunders Lake?
The median owner-occupied home value in Saunders Lake, Oregon is $396,500, against $302,800 across Coos County.
Is it cheaper to rent or buy in Saunders Lake?
Median gross rent in Saunders Lake is $1,367 a month, against $2,827 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 Saunders Lake — 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.