Rental market snapshot for Minot, North Dakota

Minot, North Dakota Rental Property Market Overview

Minot, North Dakota is a city located in the north-central part of the state. According to the US Census, the population of Minot in 2021 was 47,789. It is the fourth largest city in the state and is known for its vibrant culture, diverse economy, and friendly atmosphere. Minot is home to a variety of attractions, including the Roosevelt Park Zoo, the Scandinavian Heritage Park, and the North Dakota State Fair. It is also home to Minot State University, which offers a variety of degree programs. With its diverse population and many attractions, Minot is an ideal place to live and visit. (US Census, 2021)

The average rent for an apartment in Minot is $870. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Minot North Dakota | Cost of Living

  • The most expensive ZIP code in Minot is 58703 with an average price of $960.
  • The cheapest ZIP code in Minot is 58701 with an average price of $892.

Minot ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
158703$960
258701$892

Live near Minot, North Dakota's Top Sights and Attractions

Shirley Bicentennial Park is a sprawling green space located in Minot, North Dakota. It features a variety of outdoor activities, including a large playground, a walking path, a disc golf course, and a picnic area. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is a popular spot for families and visitors alike, offering a peaceful and scenic escape from the hustle and bustle of the city.

Roosevelt Park and Zoo is a family-friendly attraction located in Minot, North Dakota. It features a variety of outdoor activities, including a large playground, a walking path, and a pond. The zoo is home to a variety of animals, including lions, tigers, bears, and more. Visitors can also enjoy a variety of educational programs and events, such as animal shows, keeper talks, and more. The park also features a picnic area, a concession stand, and a gift shop.

South Hill Complex is a popular outdoor recreation area located in Minot, North Dakota. It features a variety of activities, including a disc golf course, a skate park, a playground, a picnic area, and a walking trail. The complex also has a large open field, perfect for playing sports or having a picnic. The area is well-maintained and offers a great place for families and friends to get together and enjoy the outdoors.

Sertoma Softball Complex is a premier softball facility located in Minot, North Dakota. It features eight lighted softball fields, a concession stand, and a playground. The complex also offers batting cages, a picnic area, and a walking trail. The fields are well-maintained and offer a great playing surface for all levels of softball. The complex is a great place for tournaments, leagues, and recreational play.

The Minot Park District is a sprawling outdoor recreational area located in North Dakota. It features a variety of activities for visitors of all ages, including a large playground, walking trails, picnic areas, and a variety of sports fields. The park also features a lake with a beach, fishing, and boating opportunities. There are also a number of special events held throughout the year, such as concerts, festivals, and races.

Hammond Park is a large outdoor recreational area located in Minot, North Dakota. It features a variety of activities, including a playground, picnic areas, walking trails, a disc golf course, and a fishing pond. The park also has a large open field, perfect for playing sports or flying kites. In the summertime, visitors can enjoy the outdoor swimming pool and splash pad. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Polaris Park is a large outdoor recreation area located in Minot, North Dakota. It features a variety of activities, including a skate park, a disc golf course, a playground, and a walking path. The park also has a large pond with a fishing dock, a picnic area, and a basketball court. In addition, the park hosts a variety of events throughout the year, such as concerts, festivals, and movie nights.

Dakota Bark Park is a large, off-leash dog park located in a beautiful, natural setting. It features two separate fenced-in areas for small and large dogs, as well as a large open area for all sizes of dogs. There are plenty of trees and benches for owners to relax while their dogs play, and a water fountain to keep them hydrated. The park also has a walking path and agility equipment for more active dogs.

Radio City Park is a popular outdoor attraction located in Minot, North Dakota. It features a large lake, walking trails, picnic areas, and a playground. The park also has a large amphitheater, which hosts concerts and other events throughout the year. There is also a disc golf course, a skate park, and a disc golf course. The park is a great place to relax and enjoy the outdoors.

Leech Park is a beautiful outdoor area located in Minot, North Dakota. It features a variety of activities and attractions, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park is also home to a variety of wildlife, including birds, deer, and other small animals. Visitors can also enjoy fishing, boating, and swimming in the lake. In addition, the park is a great place to relax and take in the stunning views of the surrounding area.

Minot, North Dakota area median rent change by ZIP code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Minot compare to other cities in North Dakota?

citymedian price
Watford City$1,463
Bismarck$1,400
Williston$1,105
Mandan$1,085
West Fargo$1,085
Fargo$1,010
Jamestown$850
Grand Forks$850

Average household income in Minot area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Minot in 2021 was $68,543. This represents a 39.8% change from 2011 when the median was $49,018.

#categorypercent
0Less than $10,0005.6%
1$10,000 to $14,9994.5%
2$15,000 to $19,9993.2%
3$20,000 to $24,9993.9%
4$25,000 to $29,9993.4%
5$30,000 to $34,9994.7%
6$35,000 to $39,9995.0%
7$40,000 to $44,9994.5%
8$45,000 to $49,9994.2%
9$50,000 to $59,9998.3%
10$60,000 to $74,99911.6%
11$75,000 to $99,99914.7%
12$100,000 to $124,9998.2%
13$125,000 to $149,9997.5%
14$150,000 to $199,9996.1%
15$200,000 or more4.7%

Neighborhoods in Minot

We currently do not have this data but we are working to add this soon.

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.

Yes, but please attribute us accordingly.

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.

As of December , the average rent in Minot is $870.
Made withDataherald