Rent in North Dakota
The median 2-bedroom Fair Market Rent in North Dakota is $1,112/mo, ranking #39 out of 51 states for highest rent. This is $138 below the national median of $1,250/mo. North Dakota has a population of 779K. About 36.6% of households rent their homes. Fair Market Rent data covers 6 areas across the state.
Highlights
All 6 Areas in North Dakota
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Bismarck Pop. 134K | $961 | $1,030 | $1,175 | $1,634 | 16.8% | +23% |
| Ward County Pop. 69K | $806 | $960 | $1,165 | $1,620 | 17.6% | - |
| Fargo Pop. 255K | $768 | $917 | $1,112 | $1,547 | 17.7% | +17.8% |
| Grand Forks Pop. 104K | $863 | $868 | $1,089 | $1,515 | 19% | +17.2% |
| Renville County Pop. 2.3K | $783 | $824 | $1,081 | $1,329 | 17% | - |
| McHenry County Pop. 5.3K | $725 | $839 | $1,000 | $1,387 | 14.9% | - |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across North Dakota is $1,112 per month. Rents range from $1,000/mo in McHenry County to $1,175/mo in Bismarck. The actual median gross rent statewide is $934/mo according to Census data.
North Dakota ranks #39 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,112/mo is $138 below the national median of $1,250/mo.
The average rent burden across North Dakota is 17.2%, meaning a typical household would spend 17.2% of income on a 2-bedroom at Fair Market Rent. No areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $75,949.
The most affordable area in North Dakota is McHenry County with a 2-bedroom Fair Market Rent of $1,000/mo. The median household income there is $80,614.
The most expensive area in North Dakota is Bismarck with a 2-bedroom Fair Market Rent of $1,175/mo. The median household income there is $83,982.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.