Mortgage payment estimates, closing cost breakdowns, and homebuying data for Bottineau, North Dakota.
Median Home Price
$155K
Population
2K
Avg Monthly Rent
$680
Property Tax Rate
0.98% *
* Property tax shown is the North Dakota state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Bottineau.
Bottineau vs North Dakota Median
The median home price in Bottineau is $155,000, which is 39% below the North Dakota state median of $255,000.
Mortgage Calculator — Bottineau, ND
Pre-filled with Bottineau median home price and North Dakota tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $155K home using North Dakota's 0.98% tax rate and $2,100/yr insurance.
5% Down
$1,318/mo
Down: $7,750
Loan: $147K
P&I: $931
Tax: $127
Insurance: $175
PMI: $86
10% Down
$1,265/mo
Down: $15,500
Loan: $140K
P&I: $882
Tax: $127
Insurance: $175
PMI: $81
20% Down (No PMI)
$1,085/mo
Down: $31,000
Loan: $124K
P&I: $784
Tax: $127
Insurance: $175
Income needed (28% rule): $47K/year with 20% down, $54K/year with 10% down.
Rent vs Buy in Bottineau
Rent
$680/mo
vs
Buy (10% down)
$1,265/mo
Price-to-rent ratio: 19.0 — A ratio between 15-20 means the rent vs buy decision in Bottineau depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Bottineau is $155,000, 39% below the North Dakota state median of $255,000. With a population of 2,216, Bottineau is a smaller market where home prices tend to be more accessible than in many parts of North Dakota.
Property taxes in North Dakota average 0.98% annually. This moderate property tax rate means a $155,000 home in Bottineau would carry roughly $127/month in property taxes. Homeowners insurance in North Dakota runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Bottineau is $680/month. The price-to-rent ratio in Bottineau is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Bottineau offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with North Dakota's NDHFA FirstHome program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Bottineau.