Total monthly cost of ownership
Cost to Own a Home in Warrensburg, Missouri
A $217,000 home here costs
$1,836per 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 $78,500 a year.
A standard mortgage calculator would have told you $1,183. The real number is $653 higher every month, 55% more than the payment most buyers budget for.
Compare Johnson 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.
Warrensburg against Johnson County and Missouri
| Measure | Warrensburg | Johnson County |
|---|---|---|
| Median home value | $216,900 | $221,400 |
| Median property tax | $1,566 | $1,515 |
| Effective tax rate | 0.722% | 0.684% |
| Median gross rent | $887 | $905 |
| Population | 19,437 | 54,331 |
The weather behind that power bill
Warrensburg sits in Johnson County, which averages a high of 89.8°F in its hottest month and a low of 18.4°F in its coldest, with 42.11" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 1,356 cooling and 4,997 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Johnson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Johnson County
Full Johnson County cost breakdown · Every county in Missouri
Talk to someone who works this market
These are Warrensburg 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 Warrensburg every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Warrensburg I already own here and may sell
Common questions
How much does it cost to own a home in Warrensburg?
A $217,000 home in Warrensburg, Missouri costs approximately $1,836 per month with 20% down at 7.24%. That is $1,183 principal and interest, $131 property tax, $113 homeowners insurance, $228 utilities and $181 set aside for maintenance.
What is the property tax rate in Warrensburg?
Warrensburg has an effective property tax rate of 0.722%, based on a median home value of $216,900 and median real estate taxes of $1,566. That is higher than the Johnson County average of 0.684%.
What is the average home price in Warrensburg?
The median owner-occupied home value in Warrensburg, Missouri is $216,900, against $221,400 across Johnson County.
Is it cheaper to rent or buy in Warrensburg?
Median gross rent in Warrensburg is $887 a month, against $1,836 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 Warrensburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Warrensburg, Missouri at today's rate takes a household income of roughly $78,500 a year. That covers the full $1,836 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Warrensburg, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Missouri.
- 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.