Cost to Own
United StatesFloridaSeminole CountyWinter Springs Population 38,448 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Winter Springs, Florida

A $342,000 home here costs

$2,652

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,758. The real number is $894 higher every month — 51% more than the payment most buyers budget for.

Winter Springs median: $342,400
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $273,600 borrowed $1,758
Property tax0.695% effective rate for Winter Springs itself $198
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $207
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $285
Total monthly $2,652

Winter Springs against Seminole County and Florida

MeasureWinter SpringsSeminole County
Median home value$342,400$357,300
Median property tax$2,380$2,493
Effective tax rate0.695%0.698%
Median gross rent$1,779$1,686
Population38,448474,912

The weather behind that power bill

Winter Springs sits in Seminole County, which averages a high of 92.7°F in its hottest month and a low of 49.6°F in its coldest, with 49.63" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 3,554 cooling and 557 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Seminole County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Seminole County

Full Seminole County cost breakdown · Every county in Florida

Common questions

How much does it cost to own a home in Winter Springs?

A $342,000 home in Winter Springs, Florida costs approximately $2,652 per month with 20% down at 6.66%. That is $1,758 principal and interest, $198 property tax, $207 homeowners insurance, $204 utilities and $285 set aside for maintenance.

What is the property tax rate in Winter Springs?

Winter Springs has an effective property tax rate of 0.695%, based on a median home value of $342,400 and median real estate taxes of $2,380. That is in line with the Seminole County average of 0.698%.

What is the average home price in Winter Springs?

The median owner-occupied home value in Winter Springs, Florida is $342,400, against $357,300 across Seminole County.

Is it cheaper to rent or buy in Winter Springs?

Median gross rent in Winter Springs is $1,779 a month, against $2,652 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 Winter Springs — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Florida.
  • 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.

Full methodology