Rental market snapshot for Watford City, North Dakota

Watford City, North Dakota Rental Property Market Overview

Watford City, North Dakota is a small city located in the northwest corner of the state. According to the US Census, the population of Watford City in 2021 was 5,866. The city is known for its outdoor activities, such as fishing, hunting, and camping. It is also home to a variety of businesses, including restaurants, retail stores, and medical facilities. Watford City is a great place to live for those who enjoy the outdoors and small-town living.

The average rent for an apartment in Watford City is $1,164. 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 March 25, 2024

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Average monthly rent graph in Watford City North Dakota | Cost of Living

  • The most expensive ZIP code in Watford City is 58854 with an average price of $1,318.
  • The cheapest ZIP code in Watford City is 58854 with an average price of $1,318.

Watford City ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent

Live near Watford City, North Dakota's Top Sights and Attractions

Tourist Park is a beautiful outdoor attraction located in Watford City, North Dakota. It features a variety of activities for visitors to enjoy, including a large playground, a picnic area, and a walking path. The park also has a pond with a fountain, a gazebo, and a pavilion. There are plenty of benches and tables for visitors to relax and take in the scenery. Tourist Park is a great place to spend a day with family and friends, and it's a great spot for a picnic or a leisurely stroll.

Watford City Nature Park & Fish Pond is a tranquil outdoor oasis located in North Dakota. It features a scenic pond surrounded by lush green grass and tall trees, providing a peaceful spot for visitors to relax and take in the natural beauty of the area. The pond is stocked with a variety of fish, making it a great spot for fishing. There are also walking trails and picnic areas, perfect for a leisurely stroll or a picnic lunch. The park also features a playground, making it a great spot for families to spend time together.

Pioneer Museum of McKenzie County is a historical attraction that celebrates the area's rich heritage. Visitors can explore a variety of artifacts, including Native American and pioneer artifacts, as well as a variety of photographs and documents. The museum also features a variety of interactive exhibits, such as a replica of a one-room schoolhouse, a blacksmith shop, and a homesteader's cabin. Visitors can also explore a variety of artifacts from the area's past, including tools, clothing, and furniture.

The McKenzie County Pioneer Museum is a unique attraction that celebrates the history of the area. It features a variety of artifacts and exhibits that tell the story of the area's past, from its early settlers to its development over the years. Visitors can explore the museum's collection of artifacts, including old photographs, tools, and furniture, as well as learn about the area's history through interactive displays and educational programs. The museum also offers a variety of special events throughout the year, such as lectures, demonstrations, and tours.

Theodore Roosevelt National Park is a sprawling expanse of rugged badlands, rolling hills, and grassy prairies. The park is home to a variety of wildlife, including bison, elk, bighorn sheep, and prairie dogs. Visitors can explore the park's many trails, which range from easy strolls to challenging hikes. The park also offers scenic drives, horseback riding, and camping. For those looking for a more educational experience, the park offers ranger-led programs and interpretive centers.

Watford City Walking Path is a scenic, paved pathway that winds through the picturesque landscape of the North Dakota countryside. The path is approximately 4 miles long and is lined with trees, shrubs, and wildflowers. Along the way, visitors can enjoy views of the surrounding hills and valleys, as well as the occasional wildlife sighting. The path is suitable for walking, jogging, biking, and rollerblading. There are also several benches and picnic tables along the way, making it a great spot for a leisurely stroll or a picnic lunch.

Watford City, North Dakota area median rent change by ZIP code map

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How does Watford City compare to other cities in North Dakota?

citymedian price
Watford City$1,275
West Fargo$1,275
Grand Forks$895

Average household income in Watford City area graph - US Census

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The median household income in Watford City in 2021 was $76,366. This represents a 19.7% change from 2011 when the median was $63,804.

0Less than $10,0002.1%
1$10,000 to $14,9992.8%
2$15,000 to $19,9992.9%
3$20,000 to $24,9996.7%
4$25,000 to $29,9991.5%
5$30,000 to $34,9992.5%
6$35,000 to $39,9992.8%
7$40,000 to $44,9992.0%
8$45,000 to $49,9992.7%
9$50,000 to $59,9995.8%
10$60,000 to $74,99918.3%
11$75,000 to $99,9998.7%
12$100,000 to $124,99916.8%
13$125,000 to $149,99910.6%
14$150,000 to $199,9996.9%
15$200,000 or more7.0%

Neighborhoods in Watford City

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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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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 February , the average rent in Watford City is $1,164.
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