Total monthly cost of ownership
Cost to Own a Home in Waynesville, Ohio
A $241,000 home here costs
$2,045per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,239. The real number is $806 higher every month — 65% 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.
Waynesville against Warren County and Ohio
| Measure | Waynesville | Warren County |
|---|---|---|
| Median home value | $241,300 | $319,700 |
| Median property tax | $3,272 | $4,076 |
| Effective tax rate | 1.356% | 1.275% |
| Median gross rent | $892 | $1,293 |
| Population | 2,723 | 246,364 |
The weather behind that power bill
Waynesville sits in Warren County, which averages a high of 85.9°F in its hottest month and a low of 22.0°F in its coldest, with 40.97" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,099 cooling and 5,033 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Warren County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Warren County
Common questions
How much does it cost to own a home in Waynesville?
A $241,000 home in Waynesville, Ohio costs approximately $2,045 per month with 20% down at 6.66%. That is $1,239 principal and interest, $272 property tax, $90 homeowners insurance, $243 utilities and $201 set aside for maintenance.
What is the property tax rate in Waynesville?
Waynesville has an effective property tax rate of 1.356%, based on a median home value of $241,300 and median real estate taxes of $3,272. That is higher than the Warren County average of 1.275%.
What is the average home price in Waynesville?
The median owner-occupied home value in Waynesville, Ohio is $241,300, against $319,700 across Warren County.
Is it cheaper to rent or buy in Waynesville?
Median gross rent in Waynesville is $892 a month, against $2,045 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 Waynesville — 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.