Total monthly cost of ownership
Cost to Own a Home in Sugar Land, Texas
A $407,000 home here costs
$3,679per 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 $157,500 a year.
A standard mortgage calculator would have told you $2,219. The real number is $1,460 higher every month, 66% more than the payment most buyers budget for.
Compare Fort Bend 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.
Sugar Land against Fort Bend County and Texas
| Measure | Sugar Land | Fort Bend County |
|---|---|---|
| Median home value | $406,600 | $350,300 |
| Median property tax | $7,306 | $6,965 |
| Effective tax rate | 1.797% | 1.988% |
| Median gross rent | $1,939 | $1,770 |
| Population | 109,735 | 859,721 |
The weather behind that power bill
Sugar Land sits in Fort Bend County, which averages a high of 95.0°F in its hottest month and a low of 45.3°F in its coldest, with 49.71" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 3,385 cooling and 1,148 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for Fort Bend County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fort Bend County
Full Fort Bend County cost breakdown · Every county in Texas
Talk to someone who works this market
These are Sugar Land 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 Sugar Land every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Sugar Land I already own here and may sell
Common questions
How much does it cost to own a home in Sugar Land?
A $407,000 home in Sugar Land, Texas costs approximately $3,679 per month with 20% down at 7.24%. That is $2,219 principal and interest, $609 property tax, $269 homeowners insurance, $242 utilities and $339 set aside for maintenance.
What is the property tax rate in Sugar Land?
Sugar Land has an effective property tax rate of 1.797%, based on a median home value of $406,600 and median real estate taxes of $7,306. That is lower than the Fort Bend County average of 1.988%.
What is the average home price in Sugar Land?
The median owner-occupied home value in Sugar Land, Texas is $406,600, against $350,300 across Fort Bend County.
Is it cheaper to rent or buy in Sugar Land?
Median gross rent in Sugar Land is $1,939 a month, against $3,679 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 Sugar Land?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sugar Land, Texas at today's rate takes a household income of roughly $157,500 a year. That covers the full $3,679 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sugar Land, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Texas.
- 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.