Real Estate Investing in North Dakota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

89 counties • 369 cities • Landlord Friendliness: 5/5

Investability

Top ZIPs average

Appreciation

3.7% 5yr CAGR

Landlord Climate

Regulatory friendliness

Landlord Friendliness: North Dakota

★ ★ ★ ★ ★ 5/5

Eviction Speed Fast 3 days

Rent Control No rent control (prohibited)

Security Deposit No limit

📊 North Dakota Market Overview

Median Home Value $278,677

1-Year CAGR +4.2%

5-Year CAGR +3.7%

10-Year CAGR +2.0%

Investing in North Dakota Real Estate

North Dakota is one of the states where screen data understates the risk. A aggregate and a 0.0% 5-year CAGR warn what the glossy brochures don't.

clearly transaction volume in North Dakota has thinned in ways that amplify price discovery risk. better suited elsewhere for investors without local context should treat every aggregate number skeptically.

For investors in North Dakota's weaker markets, the landlord environment is one more variable to underwrite carefully. less favorable for courts can be slow, and enforcement costs real money.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.

Open the Market Finder →

Free to search · investor plans from $19/mo

Avg Home Value $278,677

Cities Tracked 369

ZIP Codes 393

Market Trends — North Dakota

Statewide Home Value History

Statewide Rent History

Top ZIP Codes in North Dakota

🎓 Education in North Dakota

🏫 Top K-12 Schools

A+

TURTLE MOUNTAIN COMMUNITY MIDDLE SCHOOL

Belcourt

A+

TURTLE MOUNTAIN COMMUNITY HIGH SCHOOL

Belcourt

A+

SAINT JOHN ELEMENTARY SCHOOL

Saint John

A+

EDWIN LOE ELEMENTARY SCHOOL

New Town

A+

THOMPSON HIGH SCHOOL

Thompson

A+

DIVIDE COUNTY ELEMENTARY SCHOOL

Crosby

View all schools in North Dakota →

🎓 Top Colleges & Universities

C+

University of North Dakota

Grand Forks · 14,172 students

C+

North Dakota State University-Main Campus

Fargo · 11,952 students

C+

Bismarck State College

Bismarck · 4,065 students

C+

University of Mary

Bismarck · 3,794 students

C+

Minot State University

Minot · 2,741 students

C+

Sitting Bull College

Fort Yates · 263 students

View all colleges in North Dakota →

📊 Explore More for North Dakota

🏠 Landlord-Friendly States 💰 Lowest Property Tax States 📈 Best States for Investing 💼 Career Paths & Salaries 📚 Degree Programs 🎓 North Dakota Colleges

Counties in North Dakota

Cass County (15 ZIPs) Burleigh County (5 ZIPs) Grand Forks County (8 ZIPs) Ward County (7 ZIPs) Williams County (3 ZIPs) Stark County (6 ZIPs) Morton County (3 ZIPs) Stutsman County (2 ZIPs) Richland County (9 ZIPs) McKenzie County (3 ZIPs) Rolette (7 ZIPs) Ramsey County (1 ZIPs) Barnes County (2 ZIPs) McLean County (7 ZIPs) Traill County (5 ZIPs) Ward (8 ZIPs) Mountrail (6 ZIPs) Walsh County (2 ZIPs) Grand Forks (8 ZIPs) Cass (10 ZIPs) Mercer (4 ZIPs) Ransom County (2 ZIPs) Benson (9 ZIPs) Bottineau County (2 ZIPs) Stutsman (12 ZIPs) Walsh (9 ZIPs) Pembina (10 ZIPs) LaMoure (7 ZIPs) Sioux (3 ZIPs) Pembina County (2 ZIPs)

59 more counties available

Major Cities in North Dakota

Fargo (4 ZIPs) Bismarck (7 ZIPs) Grand Forks (3 ZIPs) Minot (3 ZIPs) West Fargo (1 ZIPs) Williston (1 ZIPs) Dickinson (1 ZIPs) Mandan (1 ZIPs) Jamestown (3 ZIPs) Devils Lake (1 ZIPs) Wahpeton (3 ZIPs) Watford City (1 ZIPs) Valley City (1 ZIPs) Horace (2 ZIPs) Belcourt (1 ZIPs) Grafton (1 ZIPs) Minot Afb (2 ZIPs) New Town (1 ZIPs) Bottineau (1 ZIPs) Lisbon (1 ZIPs) Hazen (1 ZIPs) Beulah (1 ZIPs) Rugby (1 ZIPs) Carrington (1 ZIPs) Garrison (1 ZIPs) Casselton (1 ZIPs) Dunseith (1 ZIPs) Oakes (1 ZIPs) Stanley (1 ZIPs) Harvey (1 ZIPs) Langdon (1 ZIPs) Mayville (1 ZIPs) Cavalier (1 ZIPs) Cartwright (2 ZIPs) Hillsboro (1 ZIPs) Fort Yates (1 ZIPs) Harwood (2 ZIPs) Thompson (1 ZIPs) Grand Forks Afb (2 ZIPs) Tioga (1 ZIPs)

329 more cities available

Don’t scroll every ZIP in this state by hand — filter the whole state by cap rate, vacancy and appreciation with Pro Search ($19/mo), and get a weekly alert when your shortlist moves (Investor Pro+). See plans →

Not planning to self-manage? We list 8 property management companies in North Dakota — searchable by county, with focus and specialties. Browse property managers →

Popular Neighborhoods in North Dakota

Anderson Park Fargo (4 ZIPs) Bennett Fargo (4 ZIPs) Bluemont Lakes Fargo (4 ZIPs) Brandt Crossing Fargo (4 ZIPs) Brunsdale Fargo (4 ZIPs) Centennial Fargo (4 ZIPs) Clara Barton Fargo (4 ZIPs) Davies Fargo (4 ZIPs) Deer Creek Fargo (4 ZIPs) Downtown Fargo (4 ZIPs) Hawthorne Fargo (4 ZIPs) Horace Mann Fargo (4 ZIPs) Jefferson/Carl Ben Fargo (4 ZIPs) Lewis and Clark Fargo (4 ZIPs) Lincoln Fargo (4 ZIPs) Longfellow Fargo (4 ZIPs) Madison/Unicorn Park Fargo (4 ZIPs) Maple Valley Fargo (4 ZIPs) Northport Fargo (4 ZIPs) Osgood Fargo (4 ZIPs) Pointe West Fargo (4 ZIPs) Prariewood Fargo (4 ZIPs) River Drive Fargo (4 ZIPs) Roosevelt/NDSU Fargo (4 ZIPs) Rose Creek Fargo (4 ZIPs)

Frequently Asked Questions About North Dakota Real Estate

Is real estate in, ND a good investment right now?

, ND scores /5 for investability. Home values sit at $279K and rents near, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Is, ND better for rentals, flips, or BRRRR?

, ND investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($279K prices, rents) make it a reasonable choice.

What is the typical vacancy rate in, ND?

Occupancy in, ND runs steady with elevated vacancy. Well-priced units at lease on reasonable timelines.

How does, ND compare to the ND average?

, ND sits broadly in line with the ND average on most investor metrics. Home values of $279K and rents set the benchmark here.

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