How much house can I afford on $110,000 in Minnesota?
About $380,000 with 20% down ($305,000 with an FHA loan), using Minnesota's 1.04% property tax rate.
That is $31,531 more than the typical Minnesota home ($348,778), so a $110,000 salary can buy a typical home here. The payment of $2,567 covers $2,047 principal and interest, $330 property tax and $190 insurance.
Counties in Minnesota you can afford on $110,000
78 of 87 counties have a typical home value at or below $380,000. The 25 priciest of them:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Anoka County | $373,109 | +1.6% | 0.94% |
| Crow Wing County | $369,756 | +3.4% | 0.74% |
| Becker County | $354,781 | +5.0% | 0.69% |
| Le Sueur County | $353,278 | +2.6% | 1.06% |
| Rice County | $350,912 | +2.2% | 0.97% |
| Olmsted County | $349,397 | +3.5% | 1.06% |
| Douglas County | $347,708 | +3.3% | 0.83% |
| 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% |
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 $110,000 in Minnesota?
About $380,000 with 20% down at 7.11%, keeping the payment (with Minnesota's 1.04% property tax and insurance) under $2,567 a month.
Is $110,000 enough to buy a house in Minnesota?
Yes: the typical Minnesota home is worth $348,778 (Zillow, September 2026) and $110,000 supports about $380,000. 78 of 87 counties are within budget.