Real Estate Investing in Bottineau, North Dakota (58318)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 58318 (Bottineau, ND)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 38.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.4 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bottineau, ND (58318)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 58318 Bottineau
ZIP 58318 inside Bottineau County looks affordable on the surface — median value of $254K — but the discount exists for reasons that a careful buyer should understand before committing.
Turning to rents, the numbers look inviting — $254K purchase price, 0.0% nominal cap — the work to hit that pro forma in 58318 is substantial and deserves full respect.
Statewide comparisons place 58318 among ND's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 58318 ZIP's population of 3,843 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Experienced landlords with local relationships tend to find 58318 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Bottineau:
Market Trends
Home Value History (with trend line)
📊 How Does 58318 Compare?
| Metric | 58318 | Bottineau | North Dakota |
|---|---|---|---|
| Home Value | $253,914 | $253,914 | $278,677 |
| 5-Year CAGR | 3.7% | 3.7% | 3.7% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 58318 (Bottineau, ND). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 58318 (Bottineau, ND)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $253,914 |
| Monthly Rent | $801 |
| Price-to-Rent | 26.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +8.5% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +1.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 58318
Population: 3,843
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 58318
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What monthly rent should investors expect in Bottineau, ND?
Average rent in Bottineau, ND is approximately $801/mo per month. Against $254K home values that yields a reasonable rent-to-price ratio.
How strict are landlord regulations in Bottineau, ND?
Bottineau, ND operates under ND law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
How does Bottineau, ND rate as a rental market?
Bottineau, ND rates 3.0/5 for investability. With median values at $254K and rents near $801/mo, the market offers reasonable fundamentals for rental investors.
What kind of vacancy should I budget for in Bottineau, ND?
Bottineau, ND vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How do experienced investors play Bottineau, ND?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Bottineau, ND. The numbers - $254K homes against $801/mo rents - support that play.
You know 58318 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 58318 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
AI Market Advisor
Ask questions about investing in 58318 (Bottineau)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 58318 (Bottineau, ND).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.