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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 $251,670, higher than the Ohio average of $236,816.
The average cost of rent is $989/mo in Bismarck, primarily driven by the current value of real estate in the Bismarck area. In Bismarck, 3.79% of households rent, and 45.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bismarck is $10,280 per month. Households that rent pay about 9.62% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Havana, OH: equally priced homes
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- Attica Junction, OH: less expensive homes
- Monroeville, OH: less expensive homes
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Cities with Similar Populations
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- Las Lomas, CA: higher priced homes
- Lamona, WA: higher priced homes
- Lakemont, NY: less expensive homes
- Lairdsville, NY: less expensive homes
- McFadden, AR: less expensive homes
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