Aitkin County, Minnesota home prices
Typical home $275,987 · +4.0% in a year · property tax 0.55%
The typical home in Aitkin County is worth $275,987, 21% less than the Minnesota typical home ($348,778). Values changed +4.0% in the past year and +25.4% over five years. Homeowners here pay a median 0.55% of their home's value in property tax each year ($1,518 on the typical home), versus 1.04% statewide.
Mortgage on the typical Aitkin County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $55,197 | $220,790 | $1,485 | $0 | $264 | $1,750 | $75,000 |
| 10% down | $27,599 | $248,388 | $1,671 | $103 | $264 | $2,039 | $87,400 |
| 5% down | $13,799 | $262,188 | $1,764 | $109 | $264 | $2,137 | $91,600 |
| 3.5% down (FHA) | $9,660 | $270,988 | $1,823 | $122 | $264 | $2,210 | $94,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.55% 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.
What it takes: see what you can afford by salary in Minnesota.
Minnesota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lake County | $275,583 | +3.7% | 0.73% |
| Fillmore County | $280,947 | +2.3% | 0.94% |
| Kanabec County | $270,028 | +5.7% | 1.13% |
| Winona County | $282,899 | +3.9% | 0.93% |
| Kandiyohi County | $285,215 | +1.9% | 1.02% |
| Todd County | $265,621 | +6.8% | 0.95% |
| Rock County | $263,653 | +3.4% | 0.71% |
| Beltrami County | $263,076 | +2.7% | 0.97% |
| Pine County | $261,692 | +5.1% | 0.86% |
| Waseca County | $259,153 | +2.5% | 1.18% |
Frequently asked questions
What is the average home price in Aitkin County, MN?
The typical home value in Aitkin County is $275,987 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Aitkin County?
About $75,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Aitkin County?
The median effective rate is 0.55% of home value a year (Census ACS 2024 5-year estimates).