Total monthly cost of ownership
Cost to Own a Home in Stuart, Florida
A $291,000 home here costs
$2,280per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,496. The real number is $784 higher every month — 52% 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.
Stuart against Martin County and Florida
| Measure | Stuart | Martin County |
|---|---|---|
| Median home value | $291,300 | $386,500 |
| Median property tax | $1,939 | $3,120 |
| Effective tax rate | 0.666% | 0.807% |
| Median gross rent | $1,540 | $1,499 |
| Population | 18,058 | 160,464 |
The weather behind that power bill
Stuart sits in Martin County, which averages a high of 90.8°F in its hottest month and a low of 53.6°F in its coldest, with 64.16" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 3,528 cooling and 337 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Martin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Martin County
Common questions
How much does it cost to own a home in Stuart?
A $291,000 home in Stuart, Florida costs approximately $2,280 per month with 20% down at 6.66%. That is $1,496 principal and interest, $162 property tax, $176 homeowners insurance, $204 utilities and $243 set aside for maintenance.
What is the property tax rate in Stuart?
Stuart has an effective property tax rate of 0.666%, based on a median home value of $291,300 and median real estate taxes of $1,939. That is lower than the Martin County average of 0.807%.
What is the average home price in Stuart?
The median owner-occupied home value in Stuart, Florida is $291,300, against $386,500 across Martin County.
Is it cheaper to rent or buy in Stuart?
Median gross rent in Stuart is $1,540 a month, against $2,280 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 Stuart — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- 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.