Total monthly cost of ownership
Cost to Own a Home in Minden, Nebraska
A $188,000 home here costs
$1,634per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $967. The real number is $667 higher every month — 69% 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 Kearney County and Nebraska
| Measure | Minden | Kearney County |
|---|---|---|
| Median home value | $188,100 | $218,300 |
| Median property tax | $2,425 | $2,675 |
| Effective tax rate | 1.289% | 1.225% |
| Median gross rent | $769 | $787 |
| Population | 3,020 | 6,697 |
The weather behind that power bill
Minden sits in Kearney County, which averages a high of 86.7°F in its hottest month and a low of 14.5°F in its coldest, with 25.66" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 994 cooling and 6,241 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Kearney County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kearney County
No other places of this size are published in Kearney County.
Full Kearney County cost breakdown · Every county in Nebraska
Common questions
How much does it cost to own a home in Minden?
A $188,000 home in Minden, Nebraska costs approximately $1,634 per month with 20% down at 6.66%. That is $967 principal and interest, $202 property tax, $118 homeowners insurance, $190 utilities and $157 set aside for maintenance.
What is the property tax rate in Minden?
Minden has an effective property tax rate of 1.289%, based on a median home value of $188,100 and median real estate taxes of $2,425. That is higher than the Kearney County average of 1.225%.
What is the average home price in Minden?
The median owner-occupied home value in Minden, Nebraska is $188,100, against $218,300 across Kearney County.
Is it cheaper to rent or buy in Minden?
Median gross rent in Minden is $769 a month, against $1,634 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 Nebraska.
- 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.