Total monthly cost of ownership
Cost to Own a Home in Trent Woods, North Carolina
A $294,000 home here costs
$2,211per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,511. The real number is $700 higher every month — 46% 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.
Trent Woods against Craven County and North Carolina
| Measure | Trent Woods | Craven County |
|---|---|---|
| Median home value | $294,200 | $206,200 |
| Median property tax | $1,733 | $1,372 |
| Effective tax rate | 0.589% | 0.665% |
| Median gross rent | $1,342 | $1,100 |
| Population | 4,086 | 101,074 |
The weather behind that power bill
Trent Woods sits in Craven County, which averages a high of 89.6°F in its hottest month and a low of 33.8°F in its coldest, with 53.01" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 1,897 cooling and 2,698 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Craven County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Craven County
Full Craven County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Trent Woods?
A $294,000 home in Trent Woods, North Carolina costs approximately $2,211 per month with 20% down at 6.66%. That is $1,511 principal and interest, $144 property tax, $107 homeowners insurance, $204 utilities and $245 set aside for maintenance.
What is the property tax rate in Trent Woods?
Trent Woods has an effective property tax rate of 0.589%, based on a median home value of $294,200 and median real estate taxes of $1,733. That is lower than the Craven County average of 0.665%.
What is the average home price in Trent Woods?
The median owner-occupied home value in Trent Woods, North Carolina is $294,200, against $206,200 across Craven County.
Is it cheaper to rent or buy in Trent Woods?
Median gross rent in Trent Woods is $1,342 a month, against $2,211 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 Trent Woods — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Carolina.
- 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.