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These days, finding an affordable place to live in the Grand Forks area can be challenging. Home prices in Grand Forks are now at a median cost of $283,705, higher than the North Dakota average of $273,535.
The average cost of rent is $1,113/mo in Grand Forks, primarily driven by the current value of real estate in the Grand Forks area. In Grand Forks, 52.42% of households rent, and 42.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand Forks is $6,553 per month. Households that rent pay about 16.98% of their income on rent here. Grand Forks’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Grand Forks, MN: equally priced homes
- Grand Forks Air Force Base, ND: equally priced homes
- Thompson, ND: higher priced homes
- Emerado, ND: equally priced homes
- Manvel, ND: less expensive homes
- Fisher, MN: less expensive homes
- Grand Forks Afb, ND: less expensive homes
- Reynolds, ND: equally priced homes
- Tabor, MN: less expensive homes
- Sherack, MN: less expensive homes
Cities with Similar Populations
- Lake Havasu City, AZ: higher priced homes
- Brentwood, NY: higher priced homes
- Brentwood, TN: higher priced homes
- Bristol, CT: equally priced homes
- Wellington, FL: higher priced homes
- Blue Springs, MO: equally priced homes
- Smyrna, TN: higher priced homes
- Richland, WA: higher priced homes
- Phenix City, AL: less expensive homes
- Mentor, OH: equally priced homes
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