Mortgage payment estimates, closing cost breakdowns, and homebuying data for St. Cloud, Minnesota.
Pre-filled with St. Cloud median home price and Minnesota tax/insurance rates. Adjust for your property.
Estimated closing costs based on Minnesota rates and fees applied to St. Cloud prices.
The median home price in St. Cloud is $225,000, 33% below the Minnesota state median of $335,000. With a population of 68,881, St. Cloud is a smaller market where home prices tend to be more accessible than in many parts of Minnesota.
Property taxes in Minnesota average 1.12% annually. This moderate property tax rate means a $225,000 home in St. Cloud would carry roughly $210/month in property taxes. Homeowners insurance in Minnesota runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in St. Cloud is $980/month. The price-to-rent ratio in St. Cloud is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
St. Cloud offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Minnesota's Minnesota Housing Start Up program.