The typical home in St. Cloud, MN is worth about $280,000.
With 20% down that's a loan near $224,000 — the calculator
is pre-filled with that figure. St. Cloud's granite quarries once supplied building stone across the country, and the city today mixes that legacy industrial base with St. Cloud State University and steady overflow growth from the Twin Cities an hour southeast.
$1,454.35 / month
Total interest
$299,565
Total paid
$523,565
Payoff
30.0 years
How much you need to earn
St. Cloud, MN's median household income is about
$68,000 a year. Under standard 28/36
lending rules that supports a home price around
$233,894 with 20% down —
below the $280,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in St. Cloud, MN is about $1,200 a month, so owning the median home costs roughly
$686 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in St. Cloud, MN?
On the metro's roughly $280,000 typical home with 20% down, the loan is about $224,000. Principal and interest run near $1,454 a month at today's rate, and St. Cloud, MN's property tax plus insurance add about $432, for a full payment near $1,886.
Can I afford a home in St. Cloud, MN on the median income?
The median household income is about $68,000 a year. Under standard 28/36 lending rules that supports a home price around $233,894 with 20% down — below the $280,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in St. Cloud, MN?
Typical asking rent is about $1,200 a month. The full owner payment on a median home is near $1,886, so owning costs roughly $686 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in St. Cloud, MN?
The effective property tax rate in the core county is about 1.10% of market value — roughly $3,080 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in St. Cloud, MN rising or falling?
Home values are up about 4% over the past year. St. Cloud's granite quarries once supplied building stone across the country, and the city today mixes that legacy industrial base with St. Cloud State University and steady overflow growth from the Twin Cities an hour southeast.