Total monthly cost of ownership
Cost to Own a Home in Warroad, Minnesota
A $195,000 home here costs
$1,621per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,002. The real number is $618 higher every month — 62% 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.
Warroad against Roseau County and Minnesota
| Measure | Warroad | Roseau County |
|---|---|---|
| Median home value | $195,000 | $177,100 |
| Median property tax | $1,808 | $1,644 |
| Effective tax rate | 0.927% | 0.928% |
| Median gross rent | $833 | $886 |
| Population | 2,067 | 15,301 |
The weather behind that power bill
Warroad 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 Warroad?
A $195,000 home in Warroad, Minnesota costs approximately $1,621 per month with 20% down at 6.66%. That is $1,002 principal and interest, $151 property tax, $85 homeowners insurance, $220 utilities and $163 set aside for maintenance.
What is the property tax rate in Warroad?
Warroad has an effective property tax rate of 0.927%, based on a median home value of $195,000 and median real estate taxes of $1,808. That is in line with the Roseau County average of 0.928%.
What is the average home price in Warroad?
The median owner-occupied home value in Warroad, Minnesota is $195,000, against $177,100 across Roseau County.
Is it cheaper to rent or buy in Warroad?
Median gross rent in Warroad is $833 a month, against $1,621 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 Warroad — 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.