Median home value

$161,400Median home value · Census

Property tax rate

0.86%Below state avg 1.02%Median bill $1,386/yr · Census

Median rent

$9202-bed $861Per month · Census

30-yr mortgage rate

7.24%Freddie Mac weekly average

What the numbers say

Swift County, MN real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Swift County pay a median of $1,386 a year in property taxes on a median home value of $161,400, an effective rate of about 0.86%. The Minnesota average is 1.02%, which makes Swift County the #19 lowest-tax of 87 counties in the state with published tax data.

Renters pay a median of $920 a month, and $861 for a two-bedroom. At today's prices a typical home costs about 15 times a year's rent, which generally favors buying.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $161,000 home here comes to about $1,063 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $46,000 a year (the median household here earns $60,412).

Monthly payment on a typical home

$1,063/mo
  • Principal & interest$880
  • Property tax$116
  • Insurance (est.)$67

$161,000 home · 20% down · 7.24% 30-year fixed

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Rents in Swift County by bedrooms

1 bedroom$58049% below state
2 bedrooms$86137% below state
3 bedrooms$1,11229% below state
4 bedrooms$1,05641% below state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Swift County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

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Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.