Real Estate Investing in Baldwin, North Dakota (58521)

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

Burleigh County • Population: 708 • Data updated: September 2026

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Should you buy in 58521 (Baldwin, ND)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

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

📈 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
  • High vacancy: 12.0% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 43.0 — hard to cash-flow at these prices.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Baldwin, ND (58521)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $519,953
Avg Monthly Rent $1,008
1% Rule ✗ Does Not Meet
Median Income $128,048
% Renters 8.7%

Market Analysis: 58521 Baldwin

Investors eyeing 58521 need to respect the fundamentals at play. Home values of $520K come alongside slower price movement and elevated management overhead.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 58521 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Nearby ZIPs in Baldwin have seen price recovery that 58521 has not matched. Burleigh County data supports the view that the spread is structural rather than temporary.

A resilient renter share of 9% in 58521 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The right play in 58521 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Baldwin:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Rising (+4.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,008/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Bismarck, ND Metro Area
Even conditions for buyers and sellers
34 days
Average time to sell
Average
10.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Bismarck, ND metro data

Market Trends

Home Value History (with trend line)

$526K$508K$491K$473K$456K$438KFeb 2022May 2024Jul 2026

📊 How Does 58521 Compare?

Metric 58521 Baldwin Bismarck, ND North Dakota
Home Value $519,953 $519,953 N/A $278,677
5-Year CAGR N/A N/A N/A 3.7%
Avg Rent $1,008 $1,008 N/A -
Cap Rate 1.5% 1.5% - -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 58521 (Baldwin, ND). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
1.5%
Low

📉 Market Crash Risk Index

Based on Bismarck, ND metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
46%
Days Pending
0/2
34 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $519,953
Monthly Rent $1,008
Price-to-Rent 43.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.3%
Cap Rate 1.5%
5-Year IRR 5.5%

📈 Home Appreciation

1-Year +4.1% ▲
3-Year CAGR +4.0% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.5%). 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.

Vacancy
12.0%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 58521

Population: 708

💰 Median Household Income
$128,048
This area
$128,048
State
$79,504
USA
$74,580
🏠 Renter Occupied
8.7%
This area
8.7%
State
19.2%
USA
34.0%
💼 Unemployment Rate
1.1%
This area
1.1%
State
-6.2%
USA
3.7%
🎓 College Educated
42.5%
This area
42.5%
State
16.2%
USA
33.7%
👤 Median Age
55.1 years
This area
55.1 years
State
28.3 years
USA
38.9 years
🏚️ Vacancy Rate
12.0%
This area
12.0%
State
22.9%
USA
10.5%
👥 Population by Ethnicity
White 92.8%
Other/Mixed 7.2%
Hispanic/Latino 5.7%
👶 Under 18
11.9%
This area
11.9%
USA
22.0%
👴 65 and Over
27.7%
This area
27.7%
USA
17.3%
📊 Poverty Rate
1.2%
This area
1.2%
USA
11.5%

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

Frequently Asked Questions

Are rents high in Baldwin, ND?

Rents in Baldwin, ND run near $1,008/mo. Compared with median home prices of $520K that produces solid gross yields for typical rentals.

What is the tenant pool like in Baldwin, ND?

The tenant pool in Baldwin, ND is solid, supported by local employment and population fundamentals. Rents of $1,008/mo are well-absorbed by the market.

What is the median home value in Baldwin, ND?

Expect median prices around $520K in Baldwin, ND. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.

Are there empty rentals in Baldwin, ND?

Baldwin, ND sees elevated vacancy, which is reasonable relative to the broader ND rental market.

What is the smart move for investors in Baldwin, ND?

In Baldwin, ND the significant play is typically careful cash-flow rentals with hands-on management. The combination of $520K prices and $1,008/mo rents suits that approach.

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How 58521 ranks in Bismarck, ND

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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