Total monthly cost of ownership
Cost to Own a Home in Minden, Louisiana
A $117,000 home here costs
$1,045per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $601. The real number is $444 higher every month — 74% 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.
Minden against Webster Parish and Louisiana
| Measure | Minden | Webster Parish |
|---|---|---|
| Median home value | $116,700 | $105,600 |
| Median property tax | $543 | $402 |
| Effective tax rate | 0.465% | 0.381% |
| Median gross rent | $803 | $777 |
| Population | 11,604 | 36,189 |
The weather behind that power bill
Minden sits in Webster Parish, which averages a high of 94.7°F in its hottest month and a low of 34.2°F in its coldest, with 57.59" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,521 cooling and 2,363 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Webster Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Webster Parish
Full Webster Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Minden?
A $117,000 home in Minden, Louisiana costs approximately $1,045 per month with 20% down at 6.66%. That is $601 principal and interest, $45 property tax, $106 homeowners insurance, $195 utilities and $98 set aside for maintenance.
What is the property tax rate in Minden?
Minden has an effective property tax rate of 0.465%, based on a median home value of $116,700 and median real estate taxes of $543. That is higher than the Webster Parish average of 0.381%.
What is the average home price in Minden?
The median owner-occupied home value in Minden, Louisiana is $116,700, against $105,600 across Webster Parish.
Is it cheaper to rent or buy in Minden?
Median gross rent in Minden is $803 a month, against $1,045 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 Minden — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Louisiana.
- 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.