Total monthly cost of ownership
Cost to Own a Home in Tuttle, Oklahoma
A $285,000 home here costs
$2,509per 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 $107,500 a year.
A standard mortgage calculator would have told you $1,554. The real number is $955 higher every month, 61% more than the payment most buyers budget for.
Compare Grady 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.
Tuttle against Grady County and Oklahoma
| Measure | Tuttle | Grady County |
|---|---|---|
| Median home value | $284,600 | $187,900 |
| Median property tax | $2,556 | $1,321 |
| Effective tax rate | 0.898% | 0.703% |
| Median gross rent | $799 | $874 |
| Population | 7,785 | 55,868 |
The weather behind that power bill
Tuttle sits in Grady County, which averages a high of 92.5°F in its hottest month and a low of 27.7°F in its coldest, with 37.65" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,945 cooling and 3,479 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Grady County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grady County
Talk to someone who works this market
These are Tuttle 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 Tuttle every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Tuttle I already own here and may sell
Common questions
How much does it cost to own a home in Tuttle?
A $285,000 home in Tuttle, Oklahoma costs approximately $2,509 per month with 20% down at 7.24%. That is $1,554 principal and interest, $213 property tax, $276 homeowners insurance, $228 utilities and $238 set aside for maintenance.
What is the property tax rate in Tuttle?
Tuttle has an effective property tax rate of 0.898%, based on a median home value of $284,600 and median real estate taxes of $2,556. That is higher than the Grady County average of 0.703%.
What is the average home price in Tuttle?
The median owner-occupied home value in Tuttle, Oklahoma is $284,600, against $187,900 across Grady County.
Is it cheaper to rent or buy in Tuttle?
Median gross rent in Tuttle is $799 a month, against $2,509 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 Tuttle?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Tuttle, Oklahoma at today's rate takes a household income of roughly $107,500 a year. That covers the full $2,509 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Tuttle, 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.