Total monthly cost of ownership
Cost to Own a Home in Wahpeton, North Dakota
A $165,000 home here costs
$1,430per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $848. The real number is $582 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.
Wahpeton against Richland County and North Dakota
| Measure | Wahpeton | Richland County |
|---|---|---|
| Median home value | $164,600 | $177,600 |
| Median property tax | $2,195 | $2,015 |
| Effective tax rate | 1.334% | 1.135% |
| Median gross rent | $753 | $751 |
| Population | 7,996 | 16,550 |
The weather behind that power bill
Wahpeton sits in Richland County, which averages a high of 82.2°F in its hottest month and a low of 1.8°F in its coldest, with 24.2" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 565 cooling and 8,565 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Richland County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Richland County
No other places of this size are published in Richland County.
Full Richland County cost breakdown · Every county in North Dakota
Common questions
How much does it cost to own a home in Wahpeton?
A $165,000 home in Wahpeton, North Dakota costs approximately $1,430 per month with 20% down at 6.66%. That is $848 principal and interest, $183 property tax, $71 homeowners insurance, $190 utilities and $138 set aside for maintenance.
What is the property tax rate in Wahpeton?
Wahpeton has an effective property tax rate of 1.334%, based on a median home value of $164,600 and median real estate taxes of $2,195. That is higher than the Richland County average of 1.135%.
What is the average home price in Wahpeton?
The median owner-occupied home value in Wahpeton, North Dakota is $164,600, against $177,600 across Richland County.
Is it cheaper to rent or buy in Wahpeton?
Median gross rent in Wahpeton is $753 a month, against $1,430 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 Wahpeton — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Dakota.
- 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.