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City · 8,133 residents · Washington County, Minnesota

Mahtomedi , Minnesota

In Mahtomedi, a typical home is worth $476,000 and typical rent is $1,694 a month. Compared with all of Washington County, the typical home value is 13% higher and typical household income is 7% higher.

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  • Typical home value

    $476,000

    13% above the county

    45% above Minnesota

    • Mahtomedi
    • Washington
    • Minnesota

  • Typical rent

    $1,694a month

    About the same as the county

    32% above Minnesota

    • Mahtomedi
    • Washington
    • Minnesota

  • Typical household income

    $123,319a year

    7% above the county

    38% above Minnesota

    • Mahtomedi
    • Washington
    • Minnesota

  • Households that own their home

    83%

    1 points above the county

    10 points above Minnesota

    • Mahtomedi
    • Washington
    • Minnesota

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

Market now, with Zillow data

Zillow data
Typical home value
$485,471
4.1% more than 12 months ago

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

Mahtomedi is in Washington County. The FHA loan limit ($552,000 for a one-unit home), the fair market rents and the help on this page are those of all of Washington County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Mahtomedi apart

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

  1. Mahtomedi has the 5th largest share of rent-burdened renters of the 139 cities in Minnesota with more than 5,000 people (75%).

  2. Nearby, in North St. Paul, the typical home value is $298,500: 37% less than in Mahtomedi ($476,000).

  3. Nearby, in North St. Paul, the typical rent is $1,352: 20% less than in Mahtomedi ($1,694).

  4. Mahtomedi has the 15th highest typical home value of the 152 cities in Minnesota with more than 5,000 people ($476,000).

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

The homes here

Housing in Mahtomedi

What homes there are in Mahtomedi, 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 rules in Mahtomedi: 73% of homes, more than in Washington County (67%).

Year built

The typical year built in Mahtomedi is 1989, about the same as in Washington County (1992).

In Mahtomedi, 71% of homes have 3 bedrooms or more, about the same as in Washington County.

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

$2,744 a month

Washington County: $2,275 a month

Without a mortgage

$809 a month

Washington County: $809 a month

Owners with a mortgage

72%

Washington County: 69%

The typical cost for an owner with a mortgage in Mahtomedi is $2,744 a month, more than in Washington County ($2,275); without one, $809.

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 Mahtomedi rose 41% since 2015–2019, less than in Washington County (46%).

Rent in Mahtomedi moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

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

MeasureMahtomediWashington CountyMinnesotaUnited States
Rental vacancy Unreliable estimate5.3%5.3%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.6%0.9%
More than one person per room Unreliable estimate1.5%2.3%3.4%
People per household 2.692.582.432.53
Drive alone 65%66%69%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimate1%2%3%
Walk or bike Unreliable estimate1%3%3%
Work from home 31%24%18%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Washington County, a household in Mahtomedi has 2.69 people on average.

In Mahtomedi, 31% of workers work from home, more than in Washington County (24%).

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 Mahtomedi?

A typical home costs more than the typical income allows

We start with a typical home in Mahtomedi, worth $476,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 39% of the typical household income in Mahtomedi, which is $123,319 a year. For that payment to be 28% of income, a household would need to earn about $170,556 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Mahtomedi. 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 $16,660 (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

$3,980

at 7.18% · 30 years

Loan amount
$467,378
Total interest
$672,448
Paid off in
November 2056

Includes $8,038 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,877 a month

  • Tight

    $2,877 to $3,700 a month

  • Hard

    more than $3,700 a month

    Your payment · 39%

Compared with the typical household income in Mahtomedi ($123,319 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,980
Principal & interest$3,166
Property tax$405
Home insurance$198
FHA mortgage insurance (MIP)$211

You need at least $16,660 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

Mahtomedi and Washington County

Mahtomedi is in Washington 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).

Mahtomedi's own numbers

Typical home value
$476,000
Typical monthly rent
$1,694
Typical yearly household income
$123,319
Households that own their home
83%
Effective property tax rate
1.02%

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

Numbers for all of Washington County

FHA limit, one-unit home
$552,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,734
Price change over 5 years (FHFA)
+35%
Homes in a high flood-risk zone
0.6%

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 Washington County.

Everything about Washington County

Buying

Buying a home in Mahtomedi

A typical home in Mahtomedi is worth $476,000: 13% above the county and 45% above Minnesota. With the typical household income in Mahtomedi ($123,319 a year), a typical home costs 3.9 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.

  • Mahtomedi 3.9 years
  • Washington 3.7 years
  • Minnesota 3.7 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Washington County

According to FHFA’s house price index, home prices in Washington County rose 69% in the 10 years through 2025.

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

Period County Minnesota U.S.
Last year (2025) +1.8% +2.8% +2.9%
5 years (2020–2025) +35% +37% +47%
10 years (2015–2025) +69% +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

Mahtomedi next to Washington 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
  • Mahtomedi $476,000
  • Washington $422,000
  • Minnesota $329,300
  • United States $332,700
Typical monthly rent
  • Mahtomedi $1,694
  • Washington $1,710
  • Minnesota $1,280
  • United States $1,413
Typical yearly household income
  • Mahtomedi $123,319
  • Washington $115,345
  • Minnesota $89,062
  • United States $80,734
See the full table
Mahtomedi next to Washington County and Minnesota
Measure Mahtomedi Washington County Minnesota U.S.
Typical home value $476,000 $422,000 $329,300 $332,700
Typical monthly rent $1,694 $1,710 $1,280 $1,413
Typical yearly household income $123,319 $115,345 $89,062 $80,734
Households that own their home 83% 81% 72% 65%
Typical yearly property tax $4,875 $4,164 $3,357 $3,119
Effective property tax rate 1.02% 0.99% 1.02% 0.94%
Renters with high rent for their income 75% 51% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Washington 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 Mahtomedi

For a typical $476,000 home in Mahtomedi, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Mahtomedi's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,980a month

    Least cash to close
    Down payment
    $16,660
    Cash to close
    $30,940
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $211

  • Conventional, 5% down $3,892a month

    Down payment
    $23,800
    Cash to close
    $38,080
    Rate
    7.18%
    Mortgage insurance
    PMI · $226

  • Conventional, 20% down, no PMI $3,183a month

    Down payment
    $95,200
    Cash to close
    $109,480
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,623a month

    Down payment
    $71,400
    Cash to close
    $85,680
    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 Mahtomedi and for Washington County.

Property tax

Effective rate in Mahtomedi

1.02%of the home’s value each year

$4,875 a year for the typical owner in Mahtomedi.

  • Mahtomedi 1.02%
  • Washington 0.99%
  • 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 Washington County

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

Homes in the high-risk zone
0.6%
580
Of those, with NFIP insurance
22%
County Minnesota U.S.
Homes in the high-risk zone 0.6% 0.7% 3.5%
Of those, with NFIP insurance 22% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Mahtomedi

Typical rent in Mahtomedi is $1,694 a month: about the same as the county. In Mahtomedi, 75% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Washington County, by unit size. To pay the 2-bedroom one ($1,734 a month) without spending more than 30% of your income, you would need to earn $33.35 an hour working full time.

HUD fair market rent for all of Washington 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 $1,265 $24.33 $50,600
1 bedroom $1,427 $27.44 $57,080
2 bedrooms $1,734 $33.35 $69,360
3 bedrooms $2,264 $43.54 $90,560
4 bedrooms $2,538 $48.81 $101,520

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 Mahtomedi

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Mahtomedi is in ZIP code 55115.

For 2 bedrooms it is $2,070: $336 more than the fair market rent for Washington County ($1,734).

  • 55115 $2,070$2,700

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Mahtomedi 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 Mahtomedi

HUD lists 6 buildings with rents for lower incomes in Mahtomedi. These are the largest.

  • Vadnais Highlands and Lincoln Place 850 Stillwater Rd, Mahtomedi 55115 83 low-income homes · For families (612) 371-0766
  • Piccadilly Square 70 Mahtomedi Ave, Mahtomedi 55115 79 low-income homes · 1 bd: 60 · 2 bd: 19 · In service since 2016 · For older adults
  • East Shore Place 805 Wildwood Rd, Mahtomedi 55115 61 low-income homes · 1 bd: 61 · In service since 2006 · For older adults (651) 770-7964
  • Briarcliff of Mahtomedi 115 East Ave, Mahtomedi 55115 70 homes, 56 low-income · 1 bd: 12 · 2 bd: 32 · 3 bd: 26 · In service since 1997
  • Lincoln Place Aka Diamond Estates Multiple Building Addresses, Mahtomedi 55115 48 homes, 46 low-income · 2 bd: 30 · 3 bd: 18 · In service since 2004 · For families

See all 56 buildings in Washington County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Mahtomedi

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 Washington County; none says it serves in Spanish.

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in Mahtomedi

No down payment, repair or rent-help program on our list is for Mahtomedi or Washington County. The ones below are statewide in Minnesota: they work in Mahtomedi 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 Mahtomedi

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

  • Minnesota Homeownership Center

    1000 Payne Avenue, Saint Paul · 8 miles away

    (651) 659-9336

  • Comunidades Latinas Unidas en Servicio-Clues

    797 7th St E, Saint Paul · 9 miles away · Spanish

    • Mortgage delinquency workshops
    • Budget and financial counseling
    • and 3 more
    (651) 379-4200

  • Washington County Community Development Agency

    7645 Currell Blvd, Woodbury · 10 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (651) 202-2822

Every agency in Washington County All counseling agencies in Minnesota

Help in Spanish near Mahtomedi

1 of the 3 agencies on this list says it serves 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 Mahtomedi

HUD’s record names them for Mahtomedi or Washington County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Washington County Cda Public housing and Section 8 vouchers (651) 458-0936

All housing agencies in Minnesota Source: HUD

Cities

Other cities in Washington County

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

Everything about Washington County Housing in Minnesota

Nearby cities

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

Neighboring counties

If Washington 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 Mahtomedi.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Mahtomedi

Short answers with the numbers for Mahtomedi and all of Washington 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 Mahtomedi?

The typical home value in Mahtomedi is $476,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Washington County it is $422,000.

How much does it cost to rent in Mahtomedi?

Typical rent in Mahtomedi is $1,694 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Washington County is $1,734.

What is the FHA loan limit in Mahtomedi?

Mahtomedi uses the FHA limit for all of Washington County (2026): $552,000 for a one-unit home and $1,061,550 for a four-unit home.

How much property tax do owners pay in Mahtomedi?

The typical homeowner in Mahtomedi pays $4,875 a year, according to the U.S. Census Bureau. That is 1.02% of the home’s value; in Washington County, the rate is 0.99%.

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

There is 1 HUD-approved counseling agency with an office in Washington 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).