The Most Affordable Neighborhoods in Karlsruhe, ND by Home Value

These days, finding an affordable place to live in the Karlsruhe area can be challenging. Home prices in Karlsruhe are now at a median cost of $120,880, lower than the North Dakota average of $273,535.

The average cost of rent is $792/mo in Karlsruhe, primarily driven by the current value of real estate in the Karlsruhe area. In Karlsruhe, 16.60% of households rent, and 65.96% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Karlsruhe is $5,481 per month. Households that rent pay about 14.45% of their income on rent here. Karlsruhe’s most expensive areas are in the western 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.

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