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Duluth vs Rochester:
Housing Costs in Minnesota

Side-by-side comparison of home prices, mortgage payments, and housing costs between Duluth and Rochester, Minnesota. Using Minnesota's 1.12% property tax rate and $2,100/year insurance. Updated for 2026.

MetricDuluthRochester
Median Home Price$245K$315K
Population90,880121,395
Average Rent$1,120/mo$1,350/mo
Est. Monthly Mortgage (P&I)$1,394/mo$1,792/mo
Est. Monthly Property Tax$229/mo$294/mo
Est. Monthly Insurance$175/mo$175/mo
Est. Total PITI$1,889/mo$2,379/mo
Price-to-Rent Ratio18.219.4
Verdict

Duluth edges out Rochester in affordability, saving you roughly $490/month on total housing costs. Both cities are in Minnesota, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Minnesota's 1.12% property tax rate.

Duluth
Home Price$245,000
Down Payment (10%)$24,500
Loan Amount$220,500
Monthly P&I$1,394
Monthly Property Tax$229
Monthly Insurance$175
Monthly PMI$92
Total PITI$1,889/mo
Annual property tax: $2,744
Rochester
Home Price$315,000
Down Payment (10%)$31,500
Loan Amount$283,500
Monthly P&I$1,792
Monthly Property Tax$294
Monthly Insurance$175
Monthly PMI$118
Total PITI$2,379/mo
Annual property tax: $3,528

Buying in Duluth saves you approximately $490/month ($5,880/year) compared to Rochester, based on median home prices with identical loan terms.

Which City Is Better For...

First-Time Buyers

Duluth is the better choice for first-time buyers, with a median price of $245K versus $315K in Rochester. That's $70K less to save for a down payment. You'd need roughly $9K for an FHA 3.5% down payment in Duluth, compared to $11K in Rochester. Minnesota offers the Minnesota Housing Start Up program (Up to $18,000 deferred loan) which applies in both cities.

Real Estate Investment

Duluth has the better price-to-rent ratio at 18.2x versus 19.4x in Rochester. A lower ratio generally signals better rental income relative to purchase price. Average rent in Duluth is $1,120/month on a $245K median home, making it a stronger candidate for buy-and-rent investors.

Families

Rochester (pop. 121,395) offers more amenities, schools, and services typical of a larger city, while Duluth (pop. 90,880) may offer a quieter, more community-oriented lifestyle. Families on a budget may prefer Duluth, where lower housing costs free up more income for childcare, education, and savings.

Income Needed to Afford the Median Home

Duluth
$81K
annual household income
Based on $1,889/mo PITI at 28% DTI
Rochester
$102K
annual household income
Based on $2,379/mo PITI at 28% DTI

Other Cities in Minnesota

Minneapolis$345K
Pop. 429,954 · Rent $1,550/mo
Saint Paul$295K
Pop. 311,527 · Rent $1,380/mo
Bloomington$335K
Pop. 89,987 · Rent $1,420/mo
Plymouth$415K
Pop. 81,026 · Rent $1,620/mo
Mankato$245K
Pop. 44,488 · Rent $1,050/mo
Moorhead$265K
Pop. 44,505 · Rent $1,080/mo
St. Cloud$225K
Pop. 68,881 · Rent $980/mo
Eagan$365K
Pop. 68,494 · Rent $1,480/mo

Explore Minnesota

Minnesota Mortgage Guide$335K median →
1.12% tax · $5K closing · $2,100/yr insurance
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Compare total costs of renting vs buying in Duluth or Rochester.
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