Total monthly cost of ownership
Cost to Own a Home in Kenmare, North Dakota
A $122,000 home here costs
$1,081per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $627. The real number is $454 higher every month — 72% 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.
Kenmare against Ward County and North Dakota
| Measure | Kenmare | Ward County |
|---|---|---|
| Median home value | $122,000 | $259,100 |
| Median property tax | $1,312 | $2,785 |
| Effective tax rate | 1.075% | 1.075% |
| Median gross rent | $815 | $1,000 |
| Population | 1,027 | 69,232 |
The weather behind that power bill
Kenmare sits in Ward County, which averages a high of 83.8°F in its hottest month and a low of 4.4°F in its coldest, with 16.71" of precipitation a year and 54% of it in a single three-month stretch. That climate drives 552 cooling and 8,382 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Ward County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ward County
Full Ward County cost breakdown · Every county in North Dakota
Common questions
How much does it cost to own a home in Kenmare?
A $122,000 home in Kenmare, North Dakota costs approximately $1,081 per month with 20% down at 6.66%. That is $627 principal and interest, $109 property tax, $52 homeowners insurance, $190 utilities and $102 set aside for maintenance.
What is the property tax rate in Kenmare?
Kenmare has an effective property tax rate of 1.075%, based on a median home value of $122,000 and median real estate taxes of $1,312. That is in line with the Ward County average of 1.075%.
What is the average home price in Kenmare?
The median owner-occupied home value in Kenmare, North Dakota is $122,000, against $259,100 across Ward County.
Is it cheaper to rent or buy in Kenmare?
Median gross rent in Kenmare is $815 a month, against $1,081 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 Kenmare — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Dakota.
- 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.