Brainerd, MN home prices
Typical home $358,249 · +3.2% in a year · income needed $99,800
The Brainerd, MN metro area ranks 208 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.2% in a year and +28.0% over five years. With 20% down at 7.11%, the typical home costs about $2,329 a month including 0.74% property tax (Crow Wing County rate).
Mortgage on the typical Brainerd home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $71,650 | $286,599 | $1,928 | $0 | $401 | $2,329 | $99,800 |
| 10% down | $35,825 | $322,424 | $2,169 | $134 | $401 | $2,705 | $115,900 |
| 5% down | $17,912 | $340,336 | $2,289 | $142 | $401 | $2,833 | $121,400 |
| 3.5% down (FHA) | $12,539 | $351,760 | $2,366 | $158 | $401 | $2,926 | $125,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.74% 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.
Counties in the Brainerd area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Crow Wing County, MN | $369,756 | +3.4% | 0.74% |
| Cass County, MN | $336,524 | +2.7% | 0.56% |
What can you afford in Minnesota on your salary? · Minnesota home prices · Salaries in Minnesota
Frequently asked questions
How much is a house in Brainerd?
The typical home in the Brainerd, MN metro area is worth $358,249 (Zillow, September 2026).
What salary do you need to buy a house in Brainerd?
About $99,800 a year for the typical home with 20% down at 7.11%.