How much house can I afford on $100,000 in Minnesota?
About $346,000 with 20% down ($277,000 with an FHA loan), using Minnesota's 1.04% property tax rate.
That is $3,042 less than the typical Minnesota home ($348,778), so on $100,000 you'd look at cheaper areas or a smaller home. The payment of $2,333 covers $1,861 principal and interest, $300 property tax and $173 insurance.
Counties in Minnesota you can afford on $100,000
71 of 87 counties have a typical home value at or below $346,000. The 25 priciest of them:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Isanti County | $339,624 | +2.5% | 1.01% |
| Cass County | $336,524 | +2.7% | 0.56% |
| Ramsey County | $334,747 | +1.7% | 1.21% |
| Otter Tail County | $334,672 | +5.8% | 0.77% |
| Dodge County | $334,610 | +5.6% | 1.11% |
| Pope County | $327,911 | +3.2% | 0.77% |
| Houston County | $322,279 | +3.5% | 1.15% |
| Goodhue County | $321,212 | +1.6% | 1.05% |
| Wabasha County | $318,894 | +5.2% | 1.05% |
| Hubbard County | $317,334 | +1.9% | 0.78% |
| Benton County | $313,228 | +2.8% | 0.98% |
| Morrison County | $312,773 | +3.3% | 0.88% |
| Nicollet County | $312,313 | +3.0% | 1.13% |
| Stearns County | $310,038 | +2.4% | 1% |
| Mille Lacs County | $309,263 | +1.5% | 1.04% |
| Clay County | $303,991 | +2.5% | 1.13% |
| Blue Earth County | $301,642 | +2.1% | 0.98% |
| Carlton County | $298,854 | +4.2% | 1.17% |
| Sibley County | $297,792 | +5.9% | 1.1% |
| McLeod County | $297,246 | +2.3% | 1.15% |
| Meeker County | $295,300 | +5.8% | 0.9% |
| Steele County | $293,327 | +2.1% | 1.21% |
| Kandiyohi County | $285,215 | +1.9% | 1.02% |
| Winona County | $282,899 | +3.9% | 0.93% |
| Fillmore County | $280,947 | +2.3% | 0.94% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 1.04% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Minnesota
Frequently asked questions
How much house can I afford on $100,000 in Minnesota?
About $346,000 with 20% down at 7.11%, keeping the payment (with Minnesota's 1.04% property tax and insurance) under $2,333 a month.
Is $100,000 enough to buy a house in Minnesota?
Not the typical home: the typical Minnesota home is worth $348,778 (Zillow, September 2026) and $100,000 supports about $346,000. 71 of 87 counties are within budget.