Grand Forks renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Grand Forks is about $925 per month. This puts it in the 84th percentile compared to the state average cost of rent, which is $890. Households in Grand Forks have a median income of $5,239 per month so the average renter in Grand Forks is spending roughly 18% of their earnings on housing.
Nationally, and in Grand Forks, home values are the data point most closely correlated with the cost of rent. The median price of a home in Grand Forks is $248,834 right now, which is higher than nearby cities, meaning that rents in Grand Forks also tend to be higher versus these nearby cities.
Higher rent prices are common in the southeastern parts of Grand Forks while lower rent rates are often available in northeastern areas.
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