2026 data · 0.94% property tax · Median home $228,700
North Dakota Mortgage Calculator
A median-priced home in North Dakota ($228,700) costs roughly $1,555 per month all-in (PITI), assuming 20% down and a 30-year fixed at 7.0%. North Dakota's effective property tax rate is 0.94% — close to the US average of about 1.0%.
North Dakota median-home monthly payment
$1,555/mo
P&I $1,217 · Tax $179 · Insurance $158
@ $228,700 price, 20% down, 30-yr fixed at 7.0%
For a custom calculation with your specific numbers (different down payment, rate, term, or home price), use the main mortgage calculator — it includes a full amortization schedule.
Monthly payments at common home prices in North Dakota
| Home price | 20% down | P&I | Prop tax | Insurance | Total PITI/mo |
|---|---|---|---|---|---|
| $200,000 | $40,000 | $1,064 | $157 | $138 | $1,359 |
| $228,700 (state median) | $45,740 | $1,217 | $179 | $158 | $1,555 |
| $300,000 | $60,000 | $1,597 | $235 | $208 | $2,039 |
| $400,000 | $80,000 | $2,129 | $313 | $277 | $2,719 |
| $500,000 | $100,000 | $2,661 | $392 | $346 | $3,399 |
| $750,000 | $150,000 | $3,992 | $588 | $519 | $5,098 |
Calculations use North Dakota's 0.94% effective property tax rate, estimated homeowners insurance at 0.83%/year of home value, 30-year fixed at 7.0%, no PMI (20% down). Closing costs not included.
North Dakota property tax
Effective rate
0.94%
Median home value
$228,700
Median property tax
$2,130/yr
North Dakota offers a Homestead Tax Credit for residents 65+ or disabled who meet income limits. Property tax rates are slightly below national average.
See our property tax calculator for a state-by-state property tax breakdown, and our North Dakota paycheck calculator to estimate take-home pay against this monthly housing cost.
North Dakota vs neighboring states
| State | Property tax rate | Median home | Median tax/yr | |
|---|---|---|---|---|
| North Dakota (this page) | 0.94% | $228,700 | $2,130 | |
| Montana | 0.74% | $349,900 | $2,580 | Montana mortgage → |
| South Dakota | 1.15% | $231,600 | $2,690 | South Dakota mortgage → |
| Minnesota | 1.01% | $299,600 | $3,024 | Minnesota mortgage → |
FAQs about North Dakota mortgages
What is the property tax rate in North Dakota?
North Dakota's effective property tax rate is 0.94%, meaning the average homeowner pays roughly 0.94% of their home's value in property tax annually. On a $228,700 home (the state median), that's about $2,130 per year, or $178 per month added to your mortgage payment.
What is the average monthly mortgage payment in North Dakota?
For a home at North Dakota's median value of $228,700, assuming 20% down, a 30-year fixed mortgage at 7.0%, and North Dakota's 0.94% property tax + estimated insurance, the typical monthly PITI payment is approximately $1,555. This includes $1,217 principal & interest, $179 property tax, and $158 homeowners insurance.
How much income do I need to buy a house in North Dakota?
Using the standard 28% front-end DTI rule, you'd need annual income of approximately $66,643 to comfortably afford North Dakota's median-priced home. Lenders typically allow up to 43% total DTI (including all debts), which corresponds to about $43,395 annual income at the maximum end. Your specific qualification depends on credit score, down payment, debts, and lender requirements.
Is North Dakota a good state to buy a house?
North Dakota's combination of 0.94% property tax (near the national average of ~1.0%) and median home value of $228,700 make it one of the more affordable states for homeowners. North Dakota offers a Homestead Tax Credit for residents 65+ or disabled who meet income limits.
How does North Dakota property tax compare to neighboring states?
North Dakota's 0.94% rate compares to: Montana at 0.74%, South Dakota at 1.15%, Minnesota at 1.01%. Property taxes can differ substantially between bordering states — moving 30 miles across a state line can change your annual tax bill by thousands.
Does North Dakota have a homestead exemption?
North Dakota offers a Homestead Tax Credit for residents 65+ or disabled who meet income limits. Property tax rates are slightly below national average.
What's included in PITI?
PITI stands for Principal, Interest, Taxes, and Insurance — the four standard components of a mortgage payment. For your North Dakota mortgage, the breakdown on a median-priced home would be: Principal & Interest $1,217, Property Tax $179, Homeowners Insurance $158. Add PMI if your down payment is under 20%, and HOA fees if your home is in a community with one.