Total monthly cost of ownership
Cost to Own a Home in Warren, Ohio
A $80,000 home here costs
$850per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $411. The real number is $438 higher every month — 107% 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 Trumbull County and Ohio
| Measure | Warren | Trumbull County |
|---|---|---|
| Median home value | $80,100 | $128,100 |
| Median property tax | $1,184 | $1,806 |
| Effective tax rate | 1.478% | 1.410% |
| Median gross rent | $759 | $783 |
| Population | 39,057 | 201,367 |
The weather behind that power bill
Warren sits in Trumbull County, which averages a high of 82.1°F in its hottest month and a low of 17.6°F in its coldest, with 42.67" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 556 cooling and 6,282 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Trumbull County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Trumbull County
Common questions
How much does it cost to own a home in Warren?
A $80,000 home in Warren, Ohio costs approximately $850 per month with 20% down at 6.66%. That is $411 principal and interest, $99 property tax, $30 homeowners insurance, $243 utilities and $67 set aside for maintenance.
What is the property tax rate in Warren?
Warren has an effective property tax rate of 1.478%, based on a median home value of $80,100 and median real estate taxes of $1,184. That is higher than the Trumbull County average of 1.410%.
What is the average home price in Warren?
The median owner-occupied home value in Warren, Ohio is $80,100, against $128,100 across Trumbull County.
Is it cheaper to rent or buy in Warren?
Median gross rent in Warren is $759 a month, against $850 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 Ohio.
- 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.