Mortgage Calculator & Closing Costs: La Crosse, WI
Mortgage payment estimates, closing cost breakdowns, and homebuying data for La Crosse, Wisconsin.
Median Home Price
$225K
Population
53K
Avg Monthly Rent
$950
Property Tax Rate
1.76% *
* Property tax shown is the Wisconsin state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in La Crosse.
La Crosse vs Wisconsin Median
The median home price in La Crosse is $225,000, which is 20% below the Wisconsin state median of $280,000.
Mortgage Calculator — La Crosse, WI
Pre-filled with La Crosse median home price and Wisconsin tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $225K home using Wisconsin's 1.76% tax rate and $1,300/yr insurance.
5% Down
$1,914/mo
Down: $11,250
Loan: $214K
P&I: $1,351
Tax: $330
Insurance: $108
PMI: $125
10% Down
$1,836/mo
Down: $22,500
Loan: $203K
P&I: $1,280
Tax: $330
Insurance: $108
PMI: $118
20% Down (No PMI)
$1,576/mo
Down: $45,000
Loan: $180K
P&I: $1,138
Tax: $330
Insurance: $108
Income needed (28% rule): $68K/year with 20% down, $79K/year with 10% down.
Rent vs Buy in La Crosse
Rent
$950/mo
vs
Buy (10% down)
$1,836/mo
Price-to-rent ratio: 19.7 — A ratio between 15-20 means the rent vs buy decision in La Crosse 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 La Crosse is $225,000, 20% below the Wisconsin state median of $280,000. With a population of 52,680, La Crosse is a smaller market where home prices tend to be more accessible than in many parts of Wisconsin.
Property taxes in Wisconsin average 1.76% annually. This higher-than-average tax rate means a $225,000 home in La Crosse would carry roughly $330/month in property taxes alone — plan accordingly. Homeowners insurance in Wisconsin runs approximately $1,300 per year. This is within the normal range nationally.
Average rent in La Crosse is $950/month. The price-to-rent ratio in La Crosse is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
La Crosse offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Wisconsin's WHEDA First-Time Advantage program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in La Crosse.