Total monthly cost of ownership
Cost to Own a Home in Villa Rica, Georgia
A $251,000 home here costs
$2,117per 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 $90,500 a year.
A standard mortgage calculator would have told you $1,368. The real number is $749 higher every month, 55% more than the payment most buyers budget for.
Compare Douglas 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.
Villa Rica against Douglas County and Georgia
| Measure | Villa Rica | Douglas County |
|---|---|---|
| Median home value | $250,700 | $262,200 |
| Median property tax | $2,302 | $2,079 |
| Effective tax rate | 0.918% | 0.793% |
| Median gross rent | $1,462 | $1,447 |
| Population | 17,798 | 146,141 |
Villa Rica extends across 2 counties. Figures here use Douglas County, where most of its housing sits.
The weather behind that power bill
Villa Rica sits in Douglas County, which averages a high of 90.0°F in its hottest month and a low of 33.5°F in its coldest, with 48.13" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,826 cooling and 2,775 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Douglas County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Douglas County
Full Douglas County cost breakdown · Every county in Georgia
Talk to someone who works this market
These are Villa Rica 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 Villa Rica every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Villa Rica I already own here and may sell
Common questions
How much does it cost to own a home in Villa Rica?
A $251,000 home in Villa Rica, Georgia costs approximately $2,117 per month with 20% down at 7.24%. That is $1,368 principal and interest, $192 property tax, $109 homeowners insurance, $239 utilities and $209 set aside for maintenance.
What is the property tax rate in Villa Rica?
Villa Rica has an effective property tax rate of 0.918%, based on a median home value of $250,700 and median real estate taxes of $2,302. That is higher than the Douglas County average of 0.793%.
What is the average home price in Villa Rica?
The median owner-occupied home value in Villa Rica, Georgia is $250,700, against $262,200 across Douglas County.
Is it cheaper to rent or buy in Villa Rica?
Median gross rent in Villa Rica is $1,462 a month, against $2,117 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 Villa Rica?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Villa Rica, Georgia at today's rate takes a household income of roughly $90,500 a year. That covers the full $2,117 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Villa Rica, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Georgia.
- 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.