Total monthly cost of ownership
Cost to Own a Home in St. Francis, Minnesota
A $298,000 home here costs
$2,337per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,532. The real number is $805 higher every month — 53% 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.
St. Francis against Anoka County and Minnesota
| Measure | St. Francis | Anoka County |
|---|---|---|
| Median home value | $297,800 | $325,800 |
| Median property tax | $2,478 | $3,099 |
| Effective tax rate | 0.832% | 0.951% |
| Median gross rent | $1,183 | $1,396 |
| Population | 8,279 | 367,095 |
St. Francis extends across 2 counties. Figures here use Anoka County, where most of its housing sits.
The weather behind that power bill
St. Francis sits in Anoka County, which averages a high of 82.2°F in its hottest month and a low of 2.4°F in its coldest, with 28.82" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 508 cooling and 8,283 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Anoka County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Anoka County
Full Anoka County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in St. Francis?
A $298,000 home in St. Francis, Minnesota costs approximately $2,337 per month with 20% down at 6.66%. That is $1,532 principal and interest, $207 property tax, $129 homeowners insurance, $220 utilities and $248 set aside for maintenance.
What is the property tax rate in St. Francis?
St. Francis has an effective property tax rate of 0.832%, based on a median home value of $297,800 and median real estate taxes of $2,478. That is lower than the Anoka County average of 0.951%.
What is the average home price in St. Francis?
The median owner-occupied home value in St. Francis, Minnesota is $297,800, against $325,800 across Anoka County.
Is it cheaper to rent or buy in St. Francis?
Median gross rent in St. Francis is $1,183 a month, against $2,337 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 St. Francis — 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.