Total monthly cost of ownership
Cost to Own a Home in Braham, Minnesota
A $192,000 home here costs
$1,641per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $987. The real number is $654 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.
Braham against Isanti County and Minnesota
| Measure | Braham | Isanti County |
|---|---|---|
| Median home value | $191,600 | $283,200 |
| Median property tax | $2,277 | $2,951 |
| Effective tax rate | 1.188% | 1.042% |
| Median gross rent | $905 | $1,241 |
| Population | 1,674 | 41,934 |
Braham extends across 2 counties. Figures here use Isanti County, where most of its housing sits.
The weather behind that power bill
Braham sits in Isanti County, which averages a high of 81.8°F in its hottest month and a low of 3.6°F in its coldest, with 29.66" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 546 cooling and 8,124 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Isanti County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Isanti County
Full Isanti County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in Braham?
A $192,000 home in Braham, Minnesota costs approximately $1,641 per month with 20% down at 6.66%. That is $987 principal and interest, $190 property tax, $83 homeowners insurance, $220 utilities and $160 set aside for maintenance.
What is the property tax rate in Braham?
Braham has an effective property tax rate of 1.188%, based on a median home value of $191,600 and median real estate taxes of $2,277. That is higher than the Isanti County average of 1.042%.
What is the average home price in Braham?
The median owner-occupied home value in Braham, Minnesota is $191,600, against $283,200 across Isanti County.
Is it cheaper to rent or buy in Braham?
Median gross rent in Braham is $905 a month, against $1,641 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 Braham — 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.