Real Estate Investing in Milnor, North Dakota

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

1 ZIP codes • Population: 1,116 • Sargent County

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

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 11.4% vacancy may signal weakening demand.
  • Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).

What’s happening in Milnor, ND?

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2.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

1.4% 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 $208,067
Avg Monthly Rent $855
ZIP Codes 1

Investing in Milnor Real Estate

Milnor, ND covers 1 ZIP codes and a population but the investment metrics here are thin — this is not a market to enter casually.

decisively Milnor's aggregate rating of ★★☆☆☆ reflects muted investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

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

Demographics in Milnor show real pressure — median income of $N/AK is thin relative to rents, and the 0% renter share includes significant cost-burdened households.

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

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Avg Home Value
$208,067
Avg Monthly Rent
$855
1% Rule
✗ Below
Landlord Friendly (ND)

ZIP Codes in Milnor, ND

Screen every ZIP in Milnor

Filter Milnor’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 Milnor, ND

What are rental rates like in Milnor, ND?

Average rent in Milnor, ND is approximately $855/mo per month. Against $208K home values that yields a reasonable rent-to-price ratio.

How tight is the rental market in Milnor, ND?

Milnor, ND carries elevated vacancy risk. Expect even-keeled absorption at market rents of $855/mo.

How expensive is real estate in Milnor, ND?

The median home value in Milnor, ND is roughly $208K. That puts it reasonable relative to the ND statewide average.

Is Milnor, ND landlord-friendly?

ND ranks as a landlord-friendly state for landlord-tenant law. Milnor generally follows the statewide framework, so landlords face reasonable operating rules.

How strong is the working-renter base in Milnor, ND?

Tenant demand in Milnor, ND is solid. The local workforce $855/mo rents across most rental classes.

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