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City · 8,966 residents · Crow Wing County, Minnesota

Baxter , Minnesota

In Baxter, a typical home is worth $324,100 and typical rent is $1,154 a month. Compared with all of Crow Wing County, typical rent is 19% higher, the typical home value is 6% higher, and the share of households that own their home is 14 points lower.

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  • Typical home value

    $324,100

    6% above the county

    About the same as Minnesota

    • Baxter
    • Crow Wing
    • Minnesota

  • Typical rent

    $1,154a month

    19% above the county

    10% below Minnesota

    • Baxter
    • Crow Wing
    • Minnesota

  • Typical household income

    $70,688a year

    3% below the county

    21% below Minnesota

    • Baxter
    • Crow Wing
    • Minnesota

  • Households that own their home

    63%

    14 points below the county

    10 points below Minnesota

    • Baxter
    • Crow Wing
    • Minnesota

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$368,117
2.6% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Baxter is in Crow Wing County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Crow Wing County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Baxter apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Brainerd, the typical home value is $192,500: 41% less than in Baxter ($324,100).

  2. Nearby, in Little Falls, the typical rent is $747: 35% less than in Baxter ($1,154).

  3. 63% of households in Baxter own their home, against 77% in Crow Wing County.

  4. The typical rent in Baxter is $1,154 a month, 19% more than in Crow Wing County as a whole ($971).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Baxter

What homes there are in Baxter, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Baxter, but it weighs less than in Crow Wing County: 62% against 80%.

Year built

Homes in Baxter are newer: the typical year built is 2000; in Crow Wing County, 1988.

By size, homes in Baxter look like those in Crow Wing County: 62% have 3 bedrooms or more.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,594 a month

Crow Wing County: $1,613 a month

Without a mortgage

$591 a month

Crow Wing County: $578 a month

Owners with a mortgage

67%

Crow Wing County: 59%

The typical cost for an owner with a mortgage in Baxter is $1,594 a month, near the figure in Crow Wing County ($1,613).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Baxter rose 55% since 2015–2019, about the same as in Crow Wing County (55%).

Rents in Baxter rose more slowly than in Crow Wing County: 16% since 2015–2019, against 21%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBaxterCrow Wing CountyMinnesotaUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.3%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.6%0.9%
More than one person per room Unreliable estimate1.1%2.3%3.4%
People per household 2.202.262.432.53
Drive alone 73%74%69%69%
Carpool 6%9%8%9%
Public transit Unreliable estimateUnreliable estimate2%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 19%13%18%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

A household in Baxter has 2.20 people on average, about the same as in Crow Wing County (2.26).

Working from home is more common in Baxter: 19%, against 13% in Crow Wing County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Baxter?

A typical home costs more than the typical income allows

We start with a typical home in Baxter, worth $324,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 46% of the typical household income in Baxter, which is $70,688 a year. For that payment to be 28% of income, a household would need to earn about $115,087 a year.

The calculator's FHA and conventional loan limits are those of all of Crow Wing County.

Your numbers

Local data
$

Starts at the typical home value in Baxter. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $11,344 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,685

at 7.18% · 30 years

Loan amount
$318,229
Total interest
$457,857
Paid off in
November 2056

Includes $5,473 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,649 a month

  • Tight

    $1,649 to $2,121 a month

  • Hard

    more than $2,121 a month

    Your payment · 46%

Compared with the typical household income in Baxter ($70,688 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,685
Principal & interest$2,156
Property tax$251
Home insurance$135
FHA mortgage insurance (MIP)$143

You need at least $11,344 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Baxter and Crow Wing County

Baxter is in Crow Wing County, Minnesota. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Baxter's own numbers

Typical home value
$324,100
Typical monthly rent
$1,154
Typical yearly household income
$70,688
Households that own their home
63%
Effective property tax rate
0.93%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Crow Wing County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,172
Price change over 5 years (FHFA)
+58%
Homes in a high flood-risk zone
1.6%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Crow Wing County.

Everything about Crow Wing County

Buying

Buying a home in Baxter

A typical home in Baxter is worth $324,100: 6% above the county and about the same as Minnesota. With the typical household income in Baxter ($70,688 a year), a typical home costs 4.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Baxter 4.6 years
  • Crow Wing 4.2 years
  • Minnesota 3.7 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Crow Wing County

According to FHFA’s house price index, home prices in Crow Wing County rose 96% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Crow Wing County.

Period County Minnesota U.S.
Last year (2025) +4.7% +2.8% +2.9%
5 years (2020–2025) +58% +37% +47%
10 years (2015–2025) +96% +71% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Baxter next to Crow Wing County, Minnesota and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Baxter $324,100
  • Crow Wing $306,800
  • Minnesota $329,300
  • United States $332,700
Typical monthly rent
  • Baxter $1,154
  • Crow Wing $971
  • Minnesota $1,280
  • United States $1,413
Typical yearly household income
  • Baxter $70,688
  • Crow Wing $72,589
  • Minnesota $89,062
  • United States $80,734
See the full table
Baxter next to Crow Wing County and Minnesota
Measure Baxter Crow Wing County Minnesota U.S.
Typical home value $324,100 $306,800 $329,300 $332,700
Typical monthly rent $1,154 $971 $1,280 $1,413
Typical yearly household income $70,688 $72,589 $89,062 $80,734
Households that own their home 63% 77% 72% 65%
Typical yearly property tax $3,025 $2,283 $3,357 $3,119
Effective property tax rate 0.93% 0.74% 1.02% 0.94%
Renters with high rent for their income 56% 45% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Crow Wing County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Baxter

For a typical $324,100 home in Baxter, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Baxter's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,685a month

    Least cash to close
    Down payment
    $11,344
    Cash to close
    $21,067
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $143

  • Conventional, 5% down $2,626a month

    Down payment
    $16,205
    Cash to close
    $25,928
    Rate
    7.18%
    Mortgage insurance
    PMI · $154

  • Conventional, 20% down, no PMI $2,143a month

    Down payment
    $64,820
    Cash to close
    $74,543
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,442a month

    Down payment
    $48,615
    Cash to close
    $58,338
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Baxter and for Crow Wing County.

Property tax

Effective rate in Baxter

0.93%of the home’s value each year

$3,025 a year for the typical owner in Baxter.

  • Baxter 0.93%
  • Crow Wing 0.74%
  • Minnesota 1.02%

What Minnesota publishes Homestead market value exclusion (Minnesota Office of the Revisor of Statutes (Minnesota Statutes))

Exemptions and deadlines in Minnesota

Flood risk in Crow Wing County

FEMA does not publish these numbers by city: they are for all of Crow Wing County.

Homes in the high-risk zone
1.6%
661
Of those, with NFIP insurance
10%
County Minnesota U.S.
Homes in the high-risk zone 1.6% 0.7% 3.5%
Of those, with NFIP insurance 10% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Baxter

Typical rent in Baxter is $1,154 a month: 19% above the county. In Baxter, 56% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Crow Wing County, by unit size. To pay the 2-bedroom one ($1,172 a month) without spending more than 30% of your income, you would need to earn $22.54 an hour working full time.

HUD fair market rent for all of Crow Wing County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $816 $15.69 $32,640
1 bedroom $899 $17.29 $35,960
2 bedrooms $1,172 $22.54 $46,880
3 bedrooms $1,407 $27.06 $56,280
4 bedrooms $1,609 $30.94 $64,360

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Baxter

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Baxter is in ZIP code 56425.

For 2 bedrooms it is $1,360: $188 more than the fair market rent for Crow Wing County ($1,172).

  • 56425 $1,360$1,630

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Baxter when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Baxter

HUD lists 4 buildings with rents for lower incomes in Baxter. These are the largest.

  • Sprucewood Townhomes Multiple Building Addresses., Baxter 56425 34 homes, 33 low-income · 2 bd: 23 · 3 bd: 10 · 4 bd: 1 · In service since 2014 · For people experiencing homelessness
  • Excelsior Court 7276 Excelsior Rd, Baxter 56425 24 homes, 23 low-income · 1 bd: 24 · In service since 1993
  • Grand Oaks Court Townhomes Multiple Building Addresses, Baxter 56425 24 homes, 23 low-income · 2 bd: 18 · 3 bd: 6 · In service since 2010 · For families, people experiencing homelessness
  • Grand Oaks Townhomes Multiple Building Addresses, Baxter 56425 24 homes, 23 low-income · 2 bd: 14 · 3 bd: 10 · In service since 2005 · For families

See all 22 buildings in Crow Wing County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Baxter

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Crow Wing County; none says it serves in Spanish.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in Baxter

No down payment, repair or rent-help program on our list is for Baxter or Crow Wing County. The ones below are statewide in Minnesota: they work in Baxter the same as in the rest of the state.

Which programs do I qualify for? All programs in Minnesota

  • Deferred Payment Loan (Start Up)

    Statewide in Minnesota

    Minnesota state agency loan for the down payment and closing costs alongside the Start Up mortgage for first-time buyers: up to $14,000 (or $18,000 in the Plus version), with no interest or monthly payments, repaid at the end of the mortgage. Offered by Minnesota Housing (Minnesota Housing Finance Agency).

    Deferred

    See the program Official page

  • Monthly Payment Loan

    Statewide in Minnesota

    Minnesota Housing loan of up to $14,000 for the down payment and closing costs, which you repay over 15 years at the same rate as your Minnesota Housing mortgage; it works with Start Up (first-time buyers) or Step Up. Offered by Minnesota Housing (Minnesota Housing Finance Agency).

    Repayable

    See the program Official page

Housing counselors near Baxter

The HUD-approved agencies closest to the center of Baxter, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Lutheran Social Service of Minnesota

    716 E Street, Brainerd · 5 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 1 more
    (888) 577-2227

  • Kootasca Community Action, Inc.

    822 NE 5th Ave, Grand Rapids · 72 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    218-999-0800x0828

  • White Earth Investment Initiative

    103 Graystone Plz, Detroit Lakes · 81 miles away

    • Home improvement and repairs
    • Pre-purchase counseling
    • and 2 more
    (218) 844-7029

Every agency in Crow Wing County All counseling agencies in Minnesota

Help in Spanish near Baxter

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Baxter

In HUD’s record, no housing authority with an office in Crow Wing County is named for Baxter or Crow Wing County.

3 other authorities have an office in Crow Wing County: see the list Source: HUD

Cities

Other cities in Crow Wing County

These cities are also in Crow Wing County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Crow Wing County Housing in Minnesota

Nearby cities

The cities closest to Baxter, with the typical home value.

Neighboring counties

If Crow Wing County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Baxter.

All guides
A mother and her daughters smile together on a mountain trail with a snowy peak behind them.

Questions

Housing questions about Baxter

Short answers with the numbers for Baxter and all of Crow Wing County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Baxter?

The typical home value in Baxter is $324,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Crow Wing County it is $306,800.

How much does it cost to rent in Baxter?

Typical rent in Baxter is $1,154 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Crow Wing County is $1,172.

What is the FHA loan limit in Baxter?

Baxter uses the FHA limit for all of Crow Wing County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Baxter?

The typical homeowner in Baxter pays $3,025 a year, according to the U.S. Census Bureau. That is 0.93% of the home’s value; in Crow Wing County, the rate is 0.74%.

Where can I find free help to buy or rent in Baxter?

There is 1 HUD-approved counseling agency with an office in Crow Wing County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).