Total monthly cost of ownership
Cost to Own a Home in Starkville, Mississippi
A $266,000 home here costs
$2,256per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,368. The real number is $888 higher every month — 65% 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.
Starkville against Oktibbeha County and Mississippi
| Measure | Starkville | Oktibbeha County |
|---|---|---|
| Median home value | $265,900 | $219,500 |
| Median property tax | $2,548 | $1,685 |
| Effective tax rate | 0.958% | 0.768% |
| Median gross rent | $875 | $873 |
| Population | 25,611 | 51,473 |
The weather behind that power bill
Starkville sits in Oktibbeha County, which averages a high of 91.7°F in its hottest month and a low of 33.2°F in its coldest, with 57.98" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,207 cooling and 2,699 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Oktibbeha County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Oktibbeha County
Full Oktibbeha County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Starkville?
A $266,000 home in Starkville, Mississippi costs approximately $2,256 per month with 20% down at 6.66%. That is $1,368 principal and interest, $212 property tax, $241 homeowners insurance, $213 utilities and $222 set aside for maintenance.
What is the property tax rate in Starkville?
Starkville has an effective property tax rate of 0.958%, based on a median home value of $265,900 and median real estate taxes of $2,548. That is higher than the Oktibbeha County average of 0.768%.
What is the average home price in Starkville?
The median owner-occupied home value in Starkville, Mississippi is $265,900, against $219,500 across Oktibbeha County.
Is it cheaper to rent or buy in Starkville?
Median gross rent in Starkville is $875 a month, against $2,256 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 Starkville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Mississippi.
- 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.