Rental market snapshot for Grand Forks, North Dakota

Grand Forks, North Dakota Rental Property Market Overview

Grand Forks, North Dakota is a vibrant city with a population of 58,781 as of 2021, according to the US Census. It is located in the Red River Valley and is home to the University of North Dakota. The city offers a variety of attractions, including the Grand Forks International Airport, the Grand Forks Air Force Base, and the Grand Forks Public Library. Grand Forks is also home to a variety of restaurants, shops, and entertainment venues. With its diverse population and many attractions, Grand Forks is a great place to live and visit. (Source: US Census, 2021)

The average rent for an apartment in Grand Forks is $731. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -17.8% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Grand Forks North Dakota | Cost of Living

  • The most expensive ZIP Code in Grand Forks is 58203 with an average price of $1,125
  • The cheapest ZIP Code in Grand Forks is 58201 with an average price of $650

Grand Forks ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
158203$1,125
258201$875

Live near Grand Forks, North Dakota's Top Sights and Attractions

Cox Park is a beautiful outdoor area located in Grand Forks, North Dakota. It features a large pond, a walking path, and plenty of green space for picnics and outdoor activities. The park also has a playground, a gazebo, and a picnic shelter. In the summer, visitors can enjoy fishing, canoeing, and kayaking in the pond. In the winter, the park is a great place for sledding and ice skating. The park is a great place to relax and enjoy nature, and it is a popular destination for locals and visitors alike.

Lions Park is a popular outdoor destination located in a scenic area of North Dakota. It features a variety of recreational activities, including a large playground, a walking path, and a pond. The park also has a picnic area, a basketball court, and a disc golf course. Visitors can also enjoy the park's many trees, which provide plenty of shade. In addition, the park is home to a variety of wildlife, including ducks, geese, and other birds.

Ulland Park is a scenic outdoor attraction located in Grand Forks, North Dakota. It features a variety of recreational activities, including a playground, picnic areas, walking trails, and a fishing pond. The park also has a large open field, perfect for playing sports or flying kites. During the summer months, visitors can enjoy the park's outdoor amphitheater, which hosts a variety of live music and entertainment. Ulland Park is a great place to spend a day outdoors, surrounded by nature and the beauty of the North Dakota landscape.

Lincoln Drive Park is a scenic park located in Grand Forks, North Dakota. It features a large lake with a walking path, a playground, picnic areas, and plenty of open space for activities. The park also has a variety of trees, shrubs, and flowers, making it a great spot for nature lovers. Visitors can also enjoy fishing, boating, and bird watching. The park is a great place to spend a day outdoors, with plenty of activities for all ages.

University Park is a picturesque outdoor area located in Grand Forks, North Dakota. It features a large pond, walking trails, and a variety of trees and plants. The park also has a playground, picnic areas, and a gazebo. It is a popular spot for locals to enjoy the outdoors, take a stroll, or have a picnic.

Sertoma Park is a large outdoor recreation area located in Grand Forks, North Dakota. It features a variety of activities and amenities, including a large playground, a splash pad, a disc golf course, a walking path, and a picnic shelter. The park also has a variety of sports fields, including baseball, softball, and soccer fields, as well as a basketball court. The park is also home to a large pond, which is stocked with fish and is a popular spot for fishing.

Ben Franklin Park is a popular outdoor attraction located in Grand Forks, North Dakota. It features a variety of activities for visitors to enjoy, including a large playground, picnic areas, walking trails, and a pond. The park also has a variety of wildlife, including ducks, geese, and other birds. Ben Franklin Park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Ryan Park Lake is a picturesque lake located in a lush park setting. It is a popular spot for fishing, boating, and swimming. The lake is surrounded by a variety of trees and shrubs, providing a peaceful and tranquil atmosphere. There is a large dock for fishing and a boat launch for easy access to the lake. The park also features a playground, picnic areas, and walking trails. Visitors can enjoy the beauty of the lake and the surrounding nature while taking in the fresh air.

Symington Park is a sprawling outdoor area located in Grand Forks, North Dakota. It features a variety of recreational activities, including a large playground, a walking path, and a disc golf course. The park also has a picnic area, a pond, and a large open field perfect for sports and other activities. The park is well-maintained and offers plenty of shade and seating areas. It's a great place to spend the day with family and friends.

Southern Estates Park is a popular outdoor destination located in Grand Forks, North Dakota. It features a variety of recreational activities, including a large playground, walking trails, picnic areas, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend a day outdoors, with plenty of activities to keep visitors of all ages entertained.

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Grand Forks, North Dakota area median rent change by ZIP Code map

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How does Grand Forks compare to other cities in North Dakota ?

citymedian price
West Fargo$995
Grand Forks$1,045
Fargo$920
Minot$940
West Fargo$755
Wahpeton$740
Bismarck$980

Average household income in Grand Forks area graph - US Census

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The median household income in Grand Forks in 2021 was $50,194. This represents a 20.5% change from 2011 when the median was $41,661.

#categorypercent
0Less than $10,0009.3%
1$10,000 to $14,9995.2%
2$15,000 to $19,9995.3%
3$20,000 to $24,9994.8%
4$25,000 to $29,9995.5%
5$30,000 to $34,9996.2%
6$35,000 to $39,9993.8%
7$40,000 to $44,9994.9%
8$45,000 to $49,9994.7%
9$50,000 to $59,9997.9%
10$60,000 to $74,9998.2%
11$75,000 to $99,99912.4%
12$100,000 to $124,9999.4%
13$125,000 to $149,9994.7%
14$150,000 to $199,9994.1%
15$200,000 or more3.6%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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