North Dakota 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 North Dakota is about $890 per month. This puts it in the 1st percentile compared to the nation average cost of rent, which is $1,307. Households in North Dakota have a median income of $6,250 per month so the average renter in North Dakota is spending roughly 14% of their earnings on housing.
Nationally, and in North Dakota, home values are the data point most closely correlated with the cost of rent. The median price of a home in North Dakota is $223,566 right now, which is lower than nearby states, meaning that rents in North Dakota also tend to be lower versus these nearby states.
Higher rent prices are common in the southern parts of North Dakota while lower rent rates are often available in northern areas.
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