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Affordable
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These days, finding an affordable place to live in the Bismarck area can be challenging. Home prices in Bismarck are now at a median cost of $112,216, lower than the Missouri average of $246,641.
The average cost of rent is $665/mo in Bismarck, primarily driven by the current value of real estate in the Bismarck area. In Bismarck, 31.41% of households rent, and 55.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bismarck is $3,451 per month. Households that rent pay about 19.27% of their income on rent here. Bismarck’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rock Springs, MO: equally priced homes
- Wortham, MO: equally priced homes
- Irondale, MO: higher priced homes
- Iron Mountain, MO: higher priced homes
- Iron Mountain Lake, MO: less expensive homes
- Leadwood, MO: less expensive homes
- Doe Run, MO: higher priced homes
- Park Hills, MO: higher priced homes
- Caledonia, MO: higher priced homes
- Frankclay, MO: less expensive homes
Cities with Similar Populations
- Stanfordville, NY: higher priced homes
- Atlanta, IL: higher priced homes
- Fairfield Bay, AR: higher priced homes
- East New Market, MD: higher priced homes
- Newburgh Heights, OH: less expensive homes
- Dresden, ME: higher priced homes
- Dinwiddie, VA: higher priced homes
- Delavan, IL: higher priced homes
- Cedar Grove, NC: higher priced homes
- Paris, MO: higher priced homes
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