Minot, ND Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Minot, ND
The median asking rent in Minot, ND is $1,795 as of July 2026, based on active rental listings across the metro. 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 $269,970, that rent level prices Minot, ND at a 8.30% gross rental yield — compared with 8.30% across North Dakota.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Minot, ND rent and rental yield comparison
The current Minot, ND baseline is $1,795 median asking rent and 8.30% gross rental yield. Compare rent, yield, and home values with selected North Dakota metros, then open a public report or Rental Insights for property-level follow-up.
Fargo, ND-MN
Fargo, ND-MN median asking rent is $2,000, $205 (11.4%) higher than the $1,795 median asking rent in Minot, ND.
- Median rent
- $2,000
- Gross yield
- 7.98%
- Avg home value
- $447,808
Bismarck, ND
Bismarck, ND median asking rent is $2,020, $225 (12.5%) higher than the $1,795 median asking rent in Minot, ND.
- Median rent
- $2,020
- Gross yield
- 7.82%
- Avg home value
- $327,200
Grand Forks, ND-MN
Grand Forks, ND-MN median asking rent is $2,000, $205 (11.4%) higher than the $1,795 median asking rent in Minot, ND.
- Median rent
- $2,000
- Gross yield
- 8.91%
- Avg home value
- $252,048
Dickinson, ND
Dickinson, ND median asking rent is $1,850, $55 (3.1%) higher than the $1,795 median asking rent in Minot, ND.
- Median rent
- $1,850
- Gross yield
- 8.71%
- Avg home value
- $264,181
Williston, ND
Williston, ND median asking rent is $1,950, $155 (8.6%) higher than the $1,795 median asking rent in Minot, ND.
- Median rent
- $1,950
- Gross yield
- 9.39%
- Avg home value
- $228,502
Jamestown, ND
Jamestown, ND median asking rent is $1,500, $295 (16.4%) lower than the $1,795 median asking rent in Minot, ND.
- Median rent
- $1,500
- Gross yield
- 9.70%
- Avg home value
- $140,922
Minot, ND rent and yield FAQ
Quick answers based on the latest Minot, ND rental listing and transaction data.
What is the average rent in Minot, ND?
As of July 2026, the median asking rent in Minot, ND is $1,795. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Minot, ND?
Minot, ND currently prices at a 8.30% gross rental yield, versus 8.30% across North Dakota. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Minot, ND market context to property-level screening
Open Rental Insights with Minot, ND selected, then pair the yield signal with investor activity and rental data workflows.