
Home Price Key
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 $234,400, higher than the Ohio average of $181,280.
The average cost of rent is $809/mo in Bismarck, primarily driven by the current value of real estate in the Bismarck area. While nearly 44.36% of residents own their homes outright in Bismarck, 6.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bismarck is $8,493 per month. Households that rent pay about 9.53% of their income on rent here. Bismarck's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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