Total monthly cost of ownership
Cost to Own a Home in Windom, Minnesota
A $158,000 home here costs
$1,397per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $812. The real number is $585 higher every month — 72% 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.
Windom against Cottonwood County and Minnesota
| Measure | Windom | Cottonwood County |
|---|---|---|
| Median home value | $158,000 | $154,000 |
| Median property tax | $1,971 | $1,737 |
| Effective tax rate | 1.247% | 1.128% |
| Median gross rent | $773 | $765 |
| Population | 4,786 | 11,458 |
The weather behind that power bill
Windom sits in Cottonwood County, which averages a high of 84.3°F in its hottest month and a low of 8.0°F in its coldest, with 31.74" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 813 cooling and 7,402 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Cottonwood County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cottonwood County
Full Cottonwood County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in Windom?
A $158,000 home in Windom, Minnesota costs approximately $1,397 per month with 20% down at 6.66%. That is $812 principal and interest, $164 property tax, $69 homeowners insurance, $220 utilities and $132 set aside for maintenance.
What is the property tax rate in Windom?
Windom has an effective property tax rate of 1.247%, based on a median home value of $158,000 and median real estate taxes of $1,971. That is higher than the Cottonwood County average of 1.128%.
What is the average home price in Windom?
The median owner-occupied home value in Windom, Minnesota is $158,000, against $154,000 across Cottonwood County.
Is it cheaper to rent or buy in Windom?
Median gross rent in Windom is $773 a month, against $1,397 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 Windom — 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.