North Dakota Average Rent Prices 2026

Average Rent Prices in North Dakota (ND)

$1,2251

Average

$8181

Studio

$9061

1BR

$1,1041

2BR

$1,5051

3BR

$1,7941

4BR

North Dakota’s average fair market rent is $1,225/month, ranking 14th among US states lowest rent prices and 21.02% below the $1,551 national average. This page covers North Dakota’s statewide rent averages by bedroom count, metro-area rent comparisons, and rent context versus neighboring states and national benchmarks.

North Dakota (ND) Rent Prices

As of 2026, the overall average fair market rent for a residential rental property in North Dakota is $1,225. Average rent prices in North Dakota sit below the national average rent of $1,551, in which North Dakota ranks as the 14th lowest rent among all 50 states and the 37th highest rent among all 50 states within the United States. In North Dakota’s large metropolitan areas such as Fargo, ND, the average rent prices tend to be higher, while alternative areas such as Bismarck, ND, can provide more affordable options.

North Dakota (ND) National Rent Rankings

14th

Lowest Rent Among 50 States

37th

Highest Rent Among 50 States

Below

The National Rent Average

$326

Per Month Below National Rent Average

21.02%

Per Month Below National Rent Average

Average Rent Prices in North Dakota (ND) Visual Chart

Studio

A one-room unit with a private bathroom.

1BR

A unit that has a separate bathroom and a separate bedroom.

2BR

A unit that has two separate and distinct bedrooms.

3BR

A unit that has 3 separate and distinct bedrooms.

4BR

A unit that has 4 separate and distinct bedrooms.

Fair Market Rent

Gross rent estimate for a standard rental unit in a given market.

Average Rent Prices in North Dakota (ND) by Metro Area

wdt_ID Metro Studio 1BR 2BR 3BR 4BR
1 Bismarck, ND MSA 961 1030 1175 1634 1884
2 Fargo, ND-MN MSA 768 917 1112 1547 1865
3 Grand Forks, ND-MN MSA 863 868 1089 1515 1827
4 McHenry County, ND HUD Metro FMR Area 725 839 1000 1387 1678
5 Renville County, ND HUD Metro FMR Area 783 824 1081 1329 1557
6 Ward County, ND HUD Metro FMR Area 806 960 1165 1620 1954
Metro Studio 1BR 2BR 3BR 4BR

Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2026.

Year-Over-Year Changes in North Dakota (ND) Rent Prices

7.18%

or

$82

Year-Over-Year Increase

$1,1431

$1,2251

$1,3131

Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2025, 2026, and estimated 2027 projection.

North Dakota (ND) Rental Real Estate Resources

North Dakota Rental Property Management

North Dakota Property Management

North Dakota rental property management focuses on handling tenant relations, property maintenance, and legal compliance to help property owners maximize their investment returns.

North Dakota Rental Property Insurance

North Dakota Rental Property Insurance

North Dakota landlord insurance provides real estate investors with essential protection against financial losses caused by property damage, liability claims, loss of rental income, and other risks.

North Dakota Rental Property Loans

North Dakota Rental Property Loans

North Dakota rental property loans provide investors with financing to buy, refinance, or improve properties in a state known for its strong agricultural economy and emerging rental markets.

North Dakota Lease Agreements

Residential rental agreements in North Dakota outline the terms of tenancy, including rent, lease duration, and the responsibilities of both landlords and tenants.

North Dakota (ND) Rent Price Calculators

Need help with rent-related math? Use our rental property calculators to handle everything from price adjustments to fee calculations in just a few clicks.

Average Rent Prices in Other US States 2026

Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:

Average Rent in the United States

Average Rent in the United States

Average rent prices across the United States provide excellent insights into highs, lows, and emerging market trends.

Cheapest Rent in the United States

The cheapest rent in the U.S. is an appealing topic for thrifty tenants and investors seeking lower price point properties.

Most Expensive Rent in the United States

It’s no secret that rent prices have been continually on the rise, but where are rents really the highest in the United States?

Rental Property Rent Payments

Rental Property Rent Payments

Rent payments are the financial lifeblood for rental properties, but require fair and competitive pricing and effective collections.

Rental Property Investing

Real Estate Investments

Rental property investing is a powerful and time-tested way to generate cashflow and build long term wealth through real estate.

Real Estate Investor Tools

Rental Real Estate Property Management Software

Real estate investor tools enable investors to analyze, manage, and effectively optimize their rental properties and portfolio.

1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.

Methodology

Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.

Data

Rent prices are based on aggregated data from one and/or several sources noted below:

Disclaimer

The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.

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