The typical owner-occupied home in Rugby is worth about $131,800, 47% below the North Dakota median of $249,900 and 60% below the national median of $332,700. Owners pay a median $1,554 a year in property taxes, about 1.18% of their home's value, higher than the North Dakota rate of 0.99%. The median household earns $50,365 a year, so the median home costs 2.6 times the median income (3.3 times for North Dakota). 74% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Rugby at a glance
| Rugby | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $131,800 | $249,900 | $332,700 |
| Median property tax paid per year | $1,554 | $2,468 | $3,119 |
| Property tax as a share of value | 1.18% | 0.99% | 0.94% |
| Median household income | $50,365 | $76,657 | $80,734 |
| Homes lived in by their owners | 74% | 63% | 65% |
| Owner homes with a mortgage | 49% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,177 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 25.9% | 19.4% | 21.0% |
| Median rent | $853 | $954 | $1,413 |
| Rent as a share of renters' income | 26.1% | 25.0% | 30.6% |
| Median year homes were built | 1972 | 1982 | 1980 |
| Vacant homes | 8.8% | 12.3% | 10.1% |
| Population | 2,481 | 784,841 | 334,922,499 |
What a typical home costs per month in Rugby
At this week's average 30-year rate of 7.11%, buying the median Rugby home of $131,800 with 20% down costs about $894 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,113, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $38,307 for the 20%-down payment. That payment is 21% of the median Rugby household income of $50,365; at that income and 20% down, the 28% guideline points to a home of about $173,000.
The median rent here is $853 a month, so owning the median home costs about $41 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $26,360 |
|---|---|
| Loan amount | $105,440 |
| Principal and interest | $709 |
| Property taxes (1.18% a year) | $130 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| PMI | $0 |
| Total per month | $894 |
Change the numbers in the calculator
| Down payment | $4,613 |
|---|---|
| Loan amount | $129,413 |
| Principal and interest | $871 |
| Property taxes (1.18% a year) | $130 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| FHA mortgage insurance | $58 |
| Total per month | $1,113 |
Change the numbers in the calculator
Questions about home buying in Rugby
What is the median home value in Rugby?
About $131,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rugby?
Homeowners pay a median $1,554 a year, which is about 1.18% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Rugby?
For the median home with 20% down at 7.11%, the payment is about $894 a month. Keeping that under 28% of gross income takes about $38,307 a year.
More about Rugby
- Mortgage Refinance in Rugby
- Debt Relief in Rugby
- Home Equity Loans in Rugby
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data