Total monthly cost of ownership
Cost to Own a Home in Sayre, Oklahoma
A $78,000 home here costs
$836per 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 $36,000 a year.
A standard mortgage calculator would have told you $425. The real number is $410 higher every month, 96% more than the payment most buyers budget for.
Compare Beckham 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.
Sayre against Beckham County and Oklahoma
| Measure | Sayre | Beckham County |
|---|---|---|
| Median home value | $77,800 | $153,400 |
| Median property tax | $501 | $1,215 |
| Effective tax rate | 0.644% | 0.792% |
| Median gross rent | $770 | $821 |
| Population | 5,216 | 22,202 |
The weather behind that power bill
Sayre sits in Beckham County, which averages a high of 94.2°F in its hottest month and a low of 27.5°F in its coldest, with 23.9" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 1,981 cooling and 3,752 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Beckham County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Beckham County
Full Beckham County cost breakdown · Every county in Oklahoma
Talk to someone who works this market
These are Sayre 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 Sayre 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 Sayre?
A $78,000 home in Sayre, Oklahoma costs approximately $836 per month with 20% down at 7.24%. That is $425 principal and interest, $42 property tax, $76 homeowners insurance, $228 utilities and $65 set aside for maintenance.
What is the property tax rate in Sayre?
Sayre has an effective property tax rate of 0.644%, based on a median home value of $77,800 and median real estate taxes of $501. That is lower than the Beckham County average of 0.792%.
What is the average home price in Sayre?
The median owner-occupied home value in Sayre, Oklahoma is $77,800, against $153,400 across Beckham County.
Is it cheaper to rent or buy in Sayre?
Median gross rent in Sayre is $770 a month, against $836 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 Sayre?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sayre, Oklahoma at today's rate takes a household income of roughly $36,000 a year. That covers the full $836 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sayre, 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.