Real Estate Investing in Carrington, North Dakota

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

1 ZIP codes • Population: 3,043 • Foster County

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Should you buy in Carrington, ND? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (67/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.9% vacancy may signal weakening demand.

What’s happening in Carrington, ND?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $200,702
Avg Monthly Rent $792
ZIP Codes 1

Investing in Carrington Real Estate

With a sizable population across 1 ZIPs, Carrington shows the kind of sluggish fundamentals that keep most out-of-state capital on the sidelines.

Carrington is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. clearly out-of-state investors should be especially careful with the assumptions they carry in.

unambiguously Carrington's sale market has not rewarded patience. a stretch for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Carrington's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

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

Real numbers from people who own or manage rentals in Carrington, ND. Anonymous, moderated, never written by AI.

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Avg Home Value
$200,702
Avg Monthly Rent
$792
1% Rule
✗ Below
Landlord Friendly (ND)

ZIP Codes in Carrington, ND

Screen every ZIP in Carrington

Filter Carrington’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Carrington, ND

What is the typical vacancy rate in Carrington, ND?

Carrington, ND vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How strict are landlord regulations in Carrington, ND?

Rental owners in Carrington, ND deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What is the tenant pool like in Carrington, ND?

The tenant pool in Carrington, ND is solid, supported by local employment and population fundamentals. Rents of $792/mo are well-absorbed by the market.

Is house hacking profitable in Carrington, ND?

House hacking in Carrington, ND is reasonable to execute. Prices around $201K and rents of $792/mo solid owner-occupant economics.

How much does a house cost in Carrington, ND?

In Carrington, ND the median home value sits at $201K. Against the broader ND market, that reads as reasonable for most investors.

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