Total monthly cost of ownership
Cost to Own a Home in Smyrna, Georgia
A $409,000 home here costs
$3,264per 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 $140,000 a year.
A standard mortgage calculator would have told you $2,230. The real number is $1,034 higher every month, 46% more than the payment most buyers budget for.
Compare Cobb 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.
Smyrna against Cobb County and Georgia
| Measure | Smyrna | Cobb County |
|---|---|---|
| Median home value | $409,000 | $373,700 |
| Median property tax | $3,323 | $2,560 |
| Effective tax rate | 0.812% | 0.685% |
| Median gross rent | $1,682 | $1,640 |
| Population | 56,285 | 769,152 |
The weather behind that power bill
Smyrna sits in Cobb County, which averages a high of 90.0°F in its hottest month and a low of 33.5°F in its coldest, with 48.13" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,826 cooling and 2,775 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Cobb County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cobb County
Talk to someone who works this market
These are Smyrna 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 Smyrna every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Smyrna?
A $409,000 home in Smyrna, Georgia costs approximately $3,264 per month with 20% down at 7.24%. That is $2,230 principal and interest, $277 property tax, $178 homeowners insurance, $239 utilities and $341 set aside for maintenance.
What is the property tax rate in Smyrna?
Smyrna has an effective property tax rate of 0.812%, based on a median home value of $409,000 and median real estate taxes of $3,323. That is higher than the Cobb County average of 0.685%.
What is the average home price in Smyrna?
The median owner-occupied home value in Smyrna, Georgia is $409,000, against $373,700 across Cobb County.
Is it cheaper to rent or buy in Smyrna?
Median gross rent in Smyrna is $1,682 a month, against $3,264 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 Smyrna?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Smyrna, Georgia at today's rate takes a household income of roughly $140,000 a year. That covers the full $3,264 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Smyrna, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Georgia.
- 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.