Total monthly cost of ownership
Cost to Own a Home in Lindstrom, Minnesota
A $337,000 home here costs
$2,788per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $119,500 a year.
A standard mortgage calculator would have told you $1,837. The real number is $951 higher every month, 52% more than the payment most buyers budget for.
Compare Chisago County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Lindstrom from a five-year rolling sample, and with about 4,933 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Chisago County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Lindstrom against Chisago County and Minnesota
| Measure | Lindstrom | Chisago County |
|---|---|---|
| Median home value | $336,800 | $326,600 |
| Median property tax | $3,993 | $3,668 |
| Effective tax rate | 1.186% | 1.123% |
| Median gross rent | $954 | $1,112 |
| Population | 4,933 | 57,434 |
The weather behind that power bill
Lindstrom sits in Chisago County, which averages a high of 82.1°F in its hottest month and a low of -0.1°F in its coldest, with 32.39" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 446 cooling and 8,608 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Chisago County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chisago County
Full Chisago County cost breakdown · Every county in Minnesota
Talk to someone who works this market
These are Lindstrom averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Lindstrom every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Lindstrom I already own here and may sell
Common questions
How much does it cost to own a home in Lindstrom?
A $337,000 home in Lindstrom, Minnesota costs approximately $2,788 per month with 20% down at 7.24%. That is $1,837 principal and interest, $333 property tax, $146 homeowners insurance, $190 utilities and $281 set aside for maintenance.
What is the property tax rate in Lindstrom?
Lindstrom has an effective property tax rate of 1.186%, based on a median home value of $336,800 and median real estate taxes of $3,993. That is higher than the Chisago County average of 1.123%.
What is the average home price in Lindstrom?
The median owner-occupied home value in Lindstrom, Minnesota is $336,800, against $326,600 across Chisago County.
Is it cheaper to rent or buy in Lindstrom?
Median gross rent in Lindstrom is $954 a month, against $2,788 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Lindstrom?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Lindstrom, Minnesota at today's rate takes a household income of roughly $119,500 a year. That covers the full $2,788 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lindstrom, 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.