Total monthly cost of ownership
Cost to Own a Home in La Crescent, Minnesota
A $245,000 home here costs
$2,072per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,260. The real number is $812 higher every month — 65% 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.
La Crescent against Winona County and Minnesota
| Measure | La Crescent | Winona County |
|---|---|---|
| Median home value | $244,500 | $222,900 |
| Median property tax | $3,372 | $2,099 |
| Effective tax rate | 1.379% | 0.942% |
| Median gross rent | $1,059 | $866 |
| Population | 5,266 | 49,705 |
La Crescent extends across 2 counties. Figures here use Winona County, where most of its housing sits.
The weather behind that power bill
La Crescent sits in Winona County, which averages a high of 85.4°F in its hottest month and a low of 10.5°F in its coldest, with 35.23" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 942 cooling and 6,788 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Winona County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Winona County
Full Winona County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in La Crescent?
A $245,000 home in La Crescent, Minnesota costs approximately $2,072 per month with 20% down at 6.66%. That is $1,260 principal and interest, $282 property tax, $106 homeowners insurance, $220 utilities and $204 set aside for maintenance.
What is the property tax rate in La Crescent?
La Crescent has an effective property tax rate of 1.379%, based on a median home value of $244,500 and median real estate taxes of $3,372. That is higher than the Winona County average of 0.942%.
What is the average home price in La Crescent?
The median owner-occupied home value in La Crescent, Minnesota is $244,500, against $222,900 across Winona County.
Is it cheaper to rent or buy in La Crescent?
Median gross rent in La Crescent is $1,059 a month, against $2,072 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 La Crescent — 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.