The Most Affordable Neighborhoods in Bismarck, ND by Home Value

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 $338,252, higher than the North Dakota average of $273,535.

The average cost of rent is $1,168/mo in Bismarck, primarily driven by the current value of real estate in the Bismarck area. In Bismarck, 30.57% of households rent, and 43.28% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Bismarck is $8,158 per month. Households that rent pay about 14.32% of their income on rent here. Bismarck’s most expensive areas are in the northwestern 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.

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