Total monthly cost of ownership
Cost to Own a Home in South Bend, Washington
A $236,000 home here costs
$1,784per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,213. The real number is $571 higher every month — 47% 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.
South Bend against Pacific County and Washington
| Measure | South Bend | Pacific County |
|---|---|---|
| Median home value | $235,500 | $274,000 |
| Median property tax | $1,641 | $2,250 |
| Effective tax rate | 0.697% | 0.821% |
| Median gross rent | $912 | $962 |
| Population | 1,856 | 23,750 |
The weather behind that power bill
South Bend sits in Pacific County, which averages a high of 72.8°F in its hottest month and a low of 32.4°F in its coldest, with 83.65" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 44 cooling and 5,572 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Pacific County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pacific County
Full Pacific County cost breakdown · Every county in Washington
Common questions
How much does it cost to own a home in South Bend?
A $236,000 home in South Bend, Washington costs approximately $1,784 per month with 20% down at 6.66%. That is $1,213 principal and interest, $137 property tax, $35 homeowners insurance, $202 utilities and $197 set aside for maintenance.
What is the property tax rate in South Bend?
South Bend has an effective property tax rate of 0.697%, based on a median home value of $235,500 and median real estate taxes of $1,641. That is lower than the Pacific County average of 0.821%.
What is the average home price in South Bend?
The median owner-occupied home value in South Bend, Washington is $235,500, against $274,000 across Pacific County.
Is it cheaper to rent or buy in South Bend?
Median gross rent in South Bend is $912 a month, against $1,784 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 South Bend — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Washington.
- 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.