Cost to Own
United StatesFloridaHighlands CountySebring Population 11,185 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Sebring, Florida

A $175,000 home here costs

$1,477

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

A standard mortgage calculator would have told you $900. The real number is $578 higher every month — 64% more than the payment most buyers budget for.

Sebring median: $175,000
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, $140,000 borrowed $900
Property tax0.835% effective rate for Sebring itself $122
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $106
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $146
Total monthly $1,477

Sebring against Highlands County and Florida

MeasureSebringHighlands County
Median home value$175,000$177,900
Median property tax$1,461$1,295
Effective tax rate0.835%0.728%
Median gross rent$974$980
Population11,185103,808

The weather behind that power bill

Sebring sits in Highlands County, which averages a high of 91.4°F in its hottest month and a low of 49.3°F in its coldest, with 52.27" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 3,337 cooling and 478 heating degree days, which is what sets the $136 electricity line above.

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

Other cities in Highlands County

Full Highlands County cost breakdown · Every county in Florida

Common questions

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

A $175,000 home in Sebring, Florida costs approximately $1,477 per month with 20% down at 6.66%. That is $900 principal and interest, $122 property tax, $106 homeowners insurance, $204 utilities and $146 set aside for maintenance.

What is the property tax rate in Sebring?

Sebring has an effective property tax rate of 0.835%, based on a median home value of $175,000 and median real estate taxes of $1,461. That is higher than the Highlands County average of 0.728%.

What is the average home price in Sebring?

The median owner-occupied home value in Sebring, Florida is $175,000, against $177,900 across Highlands County.

Is it cheaper to rent or buy in Sebring?

Median gross rent in Sebring is $974 a month, against $1,477 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 Sebring — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Florida.
  • 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