Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Minot area can be challenging. Home prices in Minot are now at a median cost of $226,046, higher than the North Dakota average of $223,566.
The average cost of rent is $959/mo in Minot, primarily driven by the current value of real estate in the Minot area. While nearly 39.59% of residents own their homes outright in Minot, 40.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Minot is $5,846 per month. Households that rent pay about 16.41% of their income on rent here. Minot's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Ruthville, ND: higher priced homes
- Burlington, ND: equally priced homes
- Minot Air Force Base, ND: higher priced homes
- Surrey, ND: higher priced homes
- Des Lacs, ND: equally priced homes
- Minot Afb, ND: equally priced homes
- South Prairie, ND: higher priced homes
- Sawyer, ND: equally priced homes
- Norwich, ND: less expensive homes
- Foxholm, ND: equally priced homes
Cities with Similar Populations
- Four Corners, FL: higher priced homes
- Paramount, CA: higher priced homes
- Hacienda Heights, CA: higher priced homes
- Glen Allen, VA: higher priced homes
- Gallatin, TN: higher priced homes
- Fuquay-Varina, NC: higher priced homes
- Friendswood, TX: higher priced homes
- Fond Du Lac, WI: less expensive homes
- Fairfield, CT: higher priced homes
- Edmonds, WA: higher priced homes
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