Total monthly cost of ownership
Cost to Own a Home in Dundas, Minnesota
A $293,000 home here costs
$2,419per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,506. The real number is $913 higher every month — 61% 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.
Dundas against Rice County and Minnesota
| Measure | Dundas | Rice County |
|---|---|---|
| Median home value | $293,400 | $298,500 |
| Median property tax | $3,860 | $2,899 |
| Effective tax rate | 1.316% | 0.971% |
| Median gross rent | $1,563 | $1,046 |
| Population | 1,882 | 67,389 |
The weather behind that power bill
Dundas sits in Rice County, which averages a high of 82.0°F in its hottest month and a low of 4.8°F in its coldest, with 35.45" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 589 cooling and 8,032 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Rice County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rice County
Common questions
How much does it cost to own a home in Dundas?
A $293,000 home in Dundas, Minnesota costs approximately $2,419 per month with 20% down at 6.66%. That is $1,506 principal and interest, $321 property tax, $127 homeowners insurance, $220 utilities and $244 set aside for maintenance.
What is the property tax rate in Dundas?
Dundas has an effective property tax rate of 1.316%, based on a median home value of $293,400 and median real estate taxes of $3,860. That is higher than the Rice County average of 0.971%.
What is the average home price in Dundas?
The median owner-occupied home value in Dundas, Minnesota is $293,400, against $298,500 across Rice County.
Is it cheaper to rent or buy in Dundas?
Median gross rent in Dundas is $1,563 a month, against $2,419 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 Dundas — 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.