Total monthly cost of ownership
Cost to Own a Home in Roseau, Minnesota
A $130,000 home here costs
$1,192per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $668. The real number is $524 higher every month — 78% 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.
Roseau against Roseau County and Minnesota
| Measure | Roseau | Roseau County |
|---|---|---|
| Median home value | $130,000 | $177,100 |
| Median property tax | $1,666 | $1,644 |
| Effective tax rate | 1.282% | 0.928% |
| Median gross rent | $1,027 | $886 |
| Population | 2,728 | 15,301 |
The weather behind that power bill
Roseau sits in Roseau County, which averages a high of 77.5°F in its hottest month and a low of -5.5°F in its coldest, with 24.32" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 188 cooling and 10,106 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Roseau County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Roseau County
Full Roseau County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in Roseau?
A $130,000 home in Roseau, Minnesota costs approximately $1,192 per month with 20% down at 6.66%. That is $668 principal and interest, $139 property tax, $56 homeowners insurance, $220 utilities and $108 set aside for maintenance.
What is the property tax rate in Roseau?
Roseau has an effective property tax rate of 1.282%, based on a median home value of $130,000 and median real estate taxes of $1,666. That is higher than the Roseau County average of 0.928%.
What is the average home price in Roseau?
The median owner-occupied home value in Roseau, Minnesota is $130,000, against $177,100 across Roseau County.
Is it cheaper to rent or buy in Roseau?
Median gross rent in Roseau is $1,027 a month, against $1,192 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 Roseau — 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.