Total monthly cost of ownership
Cost to Own a Home in Baudette, Minnesota
A $171,000 home here costs
$1,431per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $879. The real number is $552 higher every month — 63% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Baudette against Lake of the Woods County and Minnesota
| Measure | Baudette | Lake of the Woods County |
|---|---|---|
| Median home value | $171,000 | $215,000 |
| Median property tax | $1,373 | $1,520 |
| Effective tax rate | 0.803% | 0.707% |
| Median gross rent | $849 | $867 |
| Population | 1,117 | 3,800 |
The weather behind that power bill
Baudette sits in Lake of the Woods County, which averages a high of 77.9°F in its hottest month and a low of -4.3°F in its coldest, with 23.18" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 228 cooling and 9,881 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Lake of the Woods County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lake of the Woods County
No other places of this size are published in Lake of the Woods County.
Full Lake of the Woods County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in Baudette?
A $171,000 home in Baudette, Minnesota costs approximately $1,431 per month with 20% down at 6.66%. That is $879 principal and interest, $114 property tax, $74 homeowners insurance, $220 utilities and $143 set aside for maintenance.
What is the property tax rate in Baudette?
Baudette has an effective property tax rate of 0.803%, based on a median home value of $171,000 and median real estate taxes of $1,373. That is higher than the Lake of the Woods County average of 0.707%.
What is the average home price in Baudette?
The median owner-occupied home value in Baudette, Minnesota is $171,000, against $215,000 across Lake of the Woods County.
Is it cheaper to rent or buy in Baudette?
Median gross rent in Baudette is $849 a month, against $1,431 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Baudette — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Minnesota.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.