Real Estate Investing in Fairmount, North Dakota

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

1 ZIP codes • Population: 612 • Richland County

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

🏠 For Homebuyers
CAUTION
Grade D (51/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (38/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 18.6% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).

What’s happening in Fairmount, ND?

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2.0/ 5

Investability

Citywide average

0.0/ 5

Appreciation

Long-term value growth

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 $153,164
Avg Monthly Rent $873
ZIP Codes 1

Investing in Fairmount Real Estate

Across Fairmount's 1 ZIPs, the picture is thin: $153K median values, $873/mo rents, and a population that has faced real economic pressure.

Across Fairmount's 1 ZIPs, fundamentals run underwhelming: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Market conditions in Fairmount are muted. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Fairmount'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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Best ZIP codes in Wahpeton, ND-MN

Fairmount is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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

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Avg Home Value
$153,164
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (ND)

ZIP Codes in Fairmount, ND

Screen every ZIP in Fairmount

Filter Fairmount’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 Fairmount, ND

Do rentals sit vacant long in Fairmount, ND?

Expect elevated vacancy in Fairmount, ND. Rents at $873/mo are absorbed by the tenant base without meaningful lag.

How much does a house cost in Fairmount, ND?

Homes in Fairmount, ND typically sell near $153K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.

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

For Fairmount, ND, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

What is the tenant pool like in Fairmount, ND?

The tenant pool in Fairmount, ND is solid, supported by local employment and population fundamentals. Rents of $873/mo are well-absorbed by the market.

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

Fairmount, ND rates 2.0/5 for investability. With median values at $153K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.

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