Total monthly cost of ownership
Cost to Own a Home in Warren, Indiana
A $107,000 home here costs
$975per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $550. The real number is $425 higher every month — 77% 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.
Warren against Huntington County and Indiana
| Measure | Warren | Huntington County |
|---|---|---|
| Median home value | $107,100 | $146,400 |
| Median property tax | $706 | $1,070 |
| Effective tax rate | 0.659% | 0.731% |
| Median gross rent | $940 | $866 |
| Population | 1,205 | 36,757 |
The weather behind that power bill
Warren sits in Huntington County, which averages a high of 84.4°F in its hottest month and a low of 17.0°F in its coldest, with 40.62" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 780 cooling and 6,170 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Huntington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Huntington County
Full Huntington County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Warren?
A $107,000 home in Warren, Indiana costs approximately $975 per month with 20% down at 6.66%. That is $550 principal and interest, $59 property tax, $46 homeowners insurance, $231 utilities and $89 set aside for maintenance.
What is the property tax rate in Warren?
Warren has an effective property tax rate of 0.659%, based on a median home value of $107,100 and median real estate taxes of $706. That is lower than the Huntington County average of 0.731%.
What is the average home price in Warren?
The median owner-occupied home value in Warren, Indiana is $107,100, against $146,400 across Huntington County.
Is it cheaper to rent or buy in Warren?
Median gross rent in Warren is $940 a month, against $975 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 Warren — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- 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.