Total monthly cost of ownership
Cost to Own a Home in The Villages, Florida
A $375,000 home here costs
$2,948per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,928. The real number is $1,020 higher every month — 53% 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.
The Villages against Marion County and Florida
| Measure | The Villages | Marion County |
|---|---|---|
| Median home value | $375,100 | $220,800 |
| Median property tax | $3,324 | $1,659 |
| Effective tax rate | 0.886% | 0.751% |
| Median gross rent | $1,541 | $1,174 |
| Population | 82,108 | 387,697 |
The Villages extends across 2 counties. Figures here use Marion County, where most of its housing sits.
The weather behind that power bill
The Villages sits in Marion County, which averages a high of 92.0°F in its hottest month and a low of 45.6°F in its coldest, with 51.64" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 3,104 cooling and 791 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Marion County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Marion County
Common questions
How much does it cost to own a home in The Villages?
A $375,000 home in The Villages, Florida costs approximately $2,948 per month with 20% down at 6.66%. That is $1,928 principal and interest, $277 property tax, $227 homeowners insurance, $204 utilities and $313 set aside for maintenance.
What is the property tax rate in The Villages?
The Villages has an effective property tax rate of 0.886%, based on a median home value of $375,100 and median real estate taxes of $3,324. That is higher than the Marion County average of 0.751%.
What is the average home price in The Villages?
The median owner-occupied home value in The Villages, Florida is $375,100, against $220,800 across Marion County.
Is it cheaper to rent or buy in The Villages?
Median gross rent in The Villages is $1,541 a month, against $2,948 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 The Villages — 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.