Fargo, ND-MN
N/A transactions last 30d
7.98%
gross yield
$2,000
Median rent
$447,808
Avg home value
N/A
30d transactions
Market data updated Jul 1, 2026
North Dakota Average Rent & Rental Yield
Screen North Dakota rental return signals with average asking rent (median), gross rental yield, home value, and transaction activity. Use this page as a market-level starting point before underwriting individual properties, operators, or borrower prospects.
8.30%
Gross Rental Yield
$1,900
Median Rent
$298,700
Avg Home Value
N/A
Transactions (30d)
Average rent in North Dakota
The median asking rent in North Dakota is $1,900 as of July 2026, based on active rental listings statewide. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $298,700, that rent level prices North Dakota at a 8.30% gross rental yield. Rent and yield vary widely by metro — use the metro breakdown below to compare individual North Dakota markets.
Rental yield snapshot for North Dakota
Gross rental yield is a first-pass market screen. It does not include taxes, insurance, repairs, vacancies, financing, or property-level operating differences. Pair it with observed transaction activity before choosing where to prospect.
N/A
Median Sale Price
N/A
Active Listings
N/A
Avg Days on Market
N/A
Months of Supply
N/A
Price Reduced
Jul 1, 2026
Market Data Date
Metro market heatmap
Featured metros combine the largest North Dakota markets by transaction activity with the highest gross-yield markets, so both demand centers and return outliers stay visible in one screen.
North Dakota metro market heatmap
Each metro tile shows rent, value, transaction context, and a direct path into the Rental Insights workflow.
Under 5.5%5.5% to <6.5%6.5% to <7.5%7.5%+
Bismarck, ND
N/A transactions last 30d
7.82%
gross yield
$2,020
Median rent
$327,200
Avg home value
N/A
30d transactions
Minot, ND
N/A transactions last 30d
8.30%
gross yield
$1,795
Median rent
$269,970
Avg home value
N/A
30d transactions
Grand Forks, ND-MN
N/A transactions last 30d
8.91%
gross yield
$2,000
Median rent
$252,048
Avg home value
N/A
30d transactions
Dickinson, ND
N/A transactions last 30d
8.71%
gross yield
$1,850
Median rent
$264,181
Avg home value
N/A
30d transactions
Williston, ND
N/A transactions last 30d
9.39%
gross yield
$1,950
Median rent
$228,502
Avg home value
N/A
30d transactions
Jamestown, ND
N/A transactions last 30d
9.70%
gross yield
$1,500
Median rent
$140,922
Avg home value
N/A
30d transactions
Wahpeton, ND-MN
156 active investors
156
investors
156
Active investors
8.30%
State gross yield
$1,900
State median rent
Metro
Gross Yield
Median Rent
Avg Home Value
30d Transactions
Fargo, ND-MN
ND
7.98%
$2,000
$447,808
N/A
Bismarck, ND
ND
7.82%
$2,020
$327,200
N/A
Minot, ND
ND
8.30%
$1,795
$269,970
N/A
Grand Forks, ND-MN
ND
8.91%
$2,000
$252,048
N/A
Dickinson, ND
ND
8.71%
$1,850
$264,181
N/A
Williston, ND
ND
9.39%
$1,950
$228,502
N/A
Jamestown, ND
ND
9.70%
$1,500
$140,922
N/A
Wahpeton, ND-MN
ND
N/A
N/A
N/A
N/A
All North Dakota rental markets
Average rent and rental yield reports for every covered North Dakota metro (7 markets).
- Bismarck, ND7.82% yield
- Dickinson, ND8.71% yield
- Fargo, ND-MN7.98% yield
- Grand Forks, ND-MN8.91% yield
- Jamestown, ND9.70% yield
- Minot, ND8.30% yield
- Williston, ND9.39% yield
Turn North Dakota rental signals into a target list
Use yield context to prioritize a market, then move into rental listings, active investors, borrower prospects, or a custom data pull for your team.