Total monthly cost of ownership
Cost to Own a Home in Bemidji, Minnesota
A $190,000 home here costs
$1,622per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $977. The real number is $645 higher every month — 66% 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.
Bemidji against Beltrami County and Minnesota
| Measure | Bemidji | Beltrami County |
|---|---|---|
| Median home value | $189,500 | $222,300 |
| Median property tax | $2,198 | $2,214 |
| Effective tax rate | 1.160% | 0.996% |
| Median gross rent | $1,004 | $991 |
| Population | 15,490 | 46,421 |
The weather behind that power bill
Bemidji sits in Beltrami County, which averages a high of 76.6°F in its hottest month and a low of -2.7°F in its coldest, with 22.77" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 339 cooling and 9,639 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Beltrami County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Beltrami County
Full Beltrami County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in Bemidji?
A $190,000 home in Bemidji, Minnesota costs approximately $1,622 per month with 20% down at 6.66%. That is $977 principal and interest, $184 property tax, $82 homeowners insurance, $220 utilities and $158 set aside for maintenance.
What is the property tax rate in Bemidji?
Bemidji has an effective property tax rate of 1.160%, based on a median home value of $189,500 and median real estate taxes of $2,198. That is higher than the Beltrami County average of 0.996%.
What is the average home price in Bemidji?
The median owner-occupied home value in Bemidji, Minnesota is $189,500, against $222,300 across Beltrami County.
Is it cheaper to rent or buy in Bemidji?
Median gross rent in Bemidji is $1,004 a month, against $1,622 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 Bemidji — 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.