Real Estate Investing in Watford City, North Dakota

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

1 ZIP codes • Population: 9,345 • McKenzie County

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

🏠 For Homebuyers
CAUTION
Grade D (45/100)

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

📈 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
  • High vacancy: 30.4% of homes vacant — above national norms.

What’s happening in Watford City, ND?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.4% 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 $384,063
Avg Monthly Rent $1,321
ZIP Codes 1

Investing in Watford City Real Estate

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

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

Rent trends and price trends in Watford City are both soft, which is the uncomfortable combination that defines distressed-leaning markets in North Dakota.

Distressed-leaning demographics in Watford City — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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 Watford City, ND. Anonymous, moderated, never written by AI.

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Avg Home Value
$384,063
Avg Monthly Rent
$1,321
1% Rule
✗ Below
Landlord Friendly (ND)

ZIP Codes in Watford City, ND

Screen every ZIP in Watford City

Filter Watford City’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 Watford City, ND

What is the average home sale price in Watford City, ND?

Watford City, ND median home values land near $384K. That is reasonable territory for investors looking at $1,321/mo-per-month rentals.

How qualified is the tenant pool in Watford City, ND?

Watford City, ND draws a steady base of working renters. Demand at the $1,321/mo rent level is reasonable for standard single-family and small multi rentals.

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

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Watford City, ND. The numbers - $384K homes against $1,321/mo rents - support that play.

What is the typical vacancy rate in Watford City, ND?

Rental vacancy in Watford City, ND is elevated. Investors should budget normal turnover but not chronic empty units.

Is Watford City, ND good for landlords?

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

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