Total monthly cost of ownership
Cost to Own a Home in Strasburg, Virginia
A $247,000 home here costs
$1,970per 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 $84,500 a year.
A standard mortgage calculator would have told you $1,347. The real number is $623 higher every month, 46% more than the payment most buyers budget for.
Compare Shenandoah 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.
Strasburg against Shenandoah County and Virginia
| Measure | Strasburg | Shenandoah County |
|---|---|---|
| Median home value | $247,300 | $265,800 |
| Median property tax | $1,284 | $1,451 |
| Effective tax rate | 0.519% | 0.546% |
| Median gross rent | $997 | $968 |
| Population | 7,162 | 44,630 |
The weather behind that power bill
Strasburg sits in Shenandoah County, which averages a high of 85.4°F in its hottest month and a low of 21.3°F in its coldest, with 37.16" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 807 cooling and 5,219 heating degree days, which is what sets the $182 electricity line above.
See the full climate breakdown for Shenandoah County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Shenandoah County
Full Shenandoah County cost breakdown · Every county in Virginia
Talk to someone who works this market
These are Strasburg 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 Strasburg every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Strasburg I already own here and may sell
Common questions
How much does it cost to own a home in Strasburg?
A $247,000 home in Strasburg, Virginia costs approximately $1,970 per month with 20% down at 7.24%. That is $1,347 principal and interest, $107 property tax, $61 homeowners insurance, $250 utilities and $206 set aside for maintenance.
What is the property tax rate in Strasburg?
Strasburg has an effective property tax rate of 0.519%, based on a median home value of $247,300 and median real estate taxes of $1,284. That is lower than the Shenandoah County average of 0.546%.
What is the average home price in Strasburg?
The median owner-occupied home value in Strasburg, Virginia is $247,300, against $265,800 across Shenandoah County.
Is it cheaper to rent or buy in Strasburg?
Median gross rent in Strasburg is $997 a month, against $1,970 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 Strasburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Strasburg, Virginia at today's rate takes a household income of roughly $84,500 a year. That covers the full $1,970 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Strasburg, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Virginia.
- 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.