Total monthly cost of ownership
Cost to Own a Home in Stroud, Oklahoma
A $120,000 home here costs
$1,082per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $617. The real number is $465 higher every month — 75% 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.
Stroud against Creek County and Oklahoma
| Measure | Stroud | Creek County |
|---|---|---|
| Median home value | $120,000 | $170,900 |
| Median property tax | $726 | $1,261 |
| Effective tax rate | 0.605% | 0.738% |
| Median gross rent | $742 | $910 |
| Population | 2,771 | 72,353 |
Stroud extends across 2 counties. Figures here use Creek County, where most of its housing sits.
The weather behind that power bill
Stroud sits in Creek County, which averages a high of 91.9°F in its hottest month and a low of 26.1°F in its coldest, with 42.07" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,701 cooling and 3,665 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Creek County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Creek County
Common questions
How much does it cost to own a home in Stroud?
A $120,000 home in Stroud, Oklahoma costs approximately $1,082 per month with 20% down at 6.66%. That is $617 principal and interest, $61 property tax, $116 homeowners insurance, $188 utilities and $100 set aside for maintenance.
What is the property tax rate in Stroud?
Stroud has an effective property tax rate of 0.605%, based on a median home value of $120,000 and median real estate taxes of $726. That is lower than the Creek County average of 0.738%.
What is the average home price in Stroud?
The median owner-occupied home value in Stroud, Oklahoma is $120,000, against $170,900 across Creek County.
Is it cheaper to rent or buy in Stroud?
Median gross rent in Stroud is $742 a month, against $1,082 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 Stroud — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Oklahoma.
- 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.