How much house can I afford on $70,000 in Minnesota?
About $242,000 with 20% down ($194,000 with an FHA loan), using Minnesota's 1.04% property tax rate.
That is $106,763 less than the typical Minnesota home ($348,778), so on $70,000 you'd look at cheaper areas or a smaller home. The payment of $1,633 covers $1,302 principal and interest, $210 property tax and $121 insurance.
Counties in Minnesota you can afford on $70,000
31 of 87 counties have a typical home value at or below $242,000. The 25 priciest of them:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Grant County | $241,357 | +6.9% | 0.93% |
| Wadena County | $227,305 | +4.3% | 1.04% |
| Jackson County | $227,184 | +0.5% | 0.93% |
| Lyon County | $226,888 | +8.5% | 1.06% |
| Roseau County | $225,440 | +2.2% | 0.97% |
| Chippewa County | $221,400 | +6.6% | 1.1% |
| Lake of the Woods County | $221,109 | +3.8% | 0.66% |
| Wilkin County | $220,770 | +4.7% | 0.79% |
| Martin County | $219,955 | +3.5% | 1.02% |
| Stevens County | $217,836 | +8.1% | 0.81% |
| Lac Qui Parle County | $216,260 | +3.9% | 0.9% |
| Red Lake County | $208,265 | +8.2% | 1% |
| Lincoln County | $207,341 | +5.4% | 0.96% |
| Big Stone County | $205,428 | +9.9% | 0.87% |
| Pipestone County | $205,022 | +9.0% | 0.86% |
| Mower County | $201,999 | +2.9% | 1.03% |
| Swift County | $200,692 | +5.2% | 0.86% |
| Marshall County | $199,293 | +6.3% | 0.8% |
| Freeborn County | $197,437 | +5.5% | 1.11% |
| Renville County | $192,374 | +7.8% | 1.04% |
| Pennington County | $191,990 | -2.4% | 1.26% |
| Redwood County | $187,335 | +6.2% | 1% |
| Norman County | $181,155 | +5.8% | 0.94% |
| Yellow Medicine County | $176,826 | +6.3% | 1.04% |
| Mahnomen County | $175,907 | +7.3% | 0.93% |
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 $70,000 in Minnesota?
About $242,000 with 20% down at 7.11%, keeping the payment (with Minnesota's 1.04% property tax and insurance) under $1,633 a month.
Is $70,000 enough to buy a house in Minnesota?
Not the typical home: the typical Minnesota home is worth $348,778 (Zillow, September 2026) and $70,000 supports about $242,000. 31 of 87 counties are within budget.