Real Estate Investing in Ward County, North Dakota

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

7 ZIP codes • Population: 62,036

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals β€” some positives, some negatives. Worth considering but not a slam-dunk.

πŸ“ˆ 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: 11.4% vacancy may signal weakening demand.

What’s happening in Ward County, ND?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

4.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $281,958
Avg Monthly Rent $1,049
ZIP Codes 7

Investing in Ward County Real Estate

Across Ward County's 7 ZIPs, the picture is modest β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

Ward is the kind of county where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state capital should be especially careful with carry-in assumptions.

The 0% renter share in Ward masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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 Ward County, ND. Anonymous, moderated, never written by AI.

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Avg Home Value
$281,958
Avg Monthly Rent
$1,049
1% Rule
βœ— Below
Landlord Friendly (ND)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Minot, ND metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Ward County

1 College 2,741 Students 342 Off-Campus Renters
C+
Minot State University
4-Year Public Β· 2,741 students
πŸ“ ~342 students rent off-campus

Cities in Ward County

ZIP Codes in Ward County, ND

Screen every market in Ward County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Ward County

Are there empty rentals in, ND?

, ND carries elevated vacancy risk. Expect consistent absorption at market rents of $1,049/mo.

How much do tenants pay in, ND?

Investors in, ND typically see rents near $1,049/mo per month against $282K home values - a solid setup for rental cash flow.

Are renters plentiful in, ND?

The tenant pool in, ND is solid, supported by local employment and population fundamentals. Rents of $1,049/mo are well-absorbed by the market.

How much should I expect to pay for a home in, ND?

, ND home values average about $282K. That price point suits investors targeting rentals with $1,049/mo in monthly income.

Community Ratings

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