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Affordable
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These days, finding an affordable place to live in the Shepard area can be challenging. Home prices in Shepard are now at a median cost of $120,647, lower than the North Dakota average of $273,535.
The average cost of rent is $548/mo in Shepard, primarily driven by the current value of real estate in the Shepard area. In Shepard, 23.28% of households rent, and 73.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shepard is $5,109 per month. Households that rent pay about 10.73% of their income on rent here. Shepard’s most expensive areas are in the eastern 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
- Cooperstown, ND: equally priced homes
- Karnak, ND: higher priced homes
- Hannaford, ND: equally priced homes
- Walum, ND: equally priced homes
- Luverne, ND: higher priced homes
- Dazey, ND: higher priced homes
- Jessie, ND: equally priced homes
- Binford, ND: equally priced homes
- Finley, ND: equally priced homes
- Sutton, ND: higher priced homes
Cities with Similar Populations
- Walnut, AR: higher priced homes
- Clyde, PA: higher priced homes
- Coalgood, KY: less expensive homes
- Coatsville, MO: equally priced homes
- Cobbs, AR: higher priced homes
- Cobham, VA: higher priced homes
- Cochiti, NM: higher priced homes
- Colony, TX: higher priced homes
- Conway, IA: equally priced homes
- Cooks Hammock, FL: higher priced homes
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