Ranked from ACS 2023 5-Year
Lowest Price-to-Rent Ratios in North Dakota
Price-to-rent is the median home value divided by a year of median gross rent, so a ratio of 12 means the house costs about twelve years of rent. Low ratios are where buying is cheapest against the local alternative. It is the one comparison on this site that assumes nothing about mortgage rates, down payment or how long you stay, which is why it travels well between counties. Both figures are Census five-year estimates for the same period, and rent here includes the utilities a tenant pays.
North Dakota ranked
| # | County | Price-to-rent | Median home | Median rent |
|---|---|---|---|---|
| 1 | Logan County | 10.0 yrs | $101,800 | $847 |
| 2 | Grant County | 11.0 yrs | $85,800 | $650 |
| 3 | Hettinger County | 11.1 yrs | $110,900 | $830 |
| 4 | McIntosh County | 11.2 yrs | $80,300 | $600 |
| 5 | Benson County | 11.2 yrs | $83,100 | $616 |
| 6 | Golden Valley County | 11.6 yrs | $119,200 | $856 |
| 7 | Cavalier County | 11.9 yrs | $122,300 | $859 |
| 8 | Divide County | 13.6 yrs | $173,100 | $1,064 |
| 9 | Kidder County | 13.6 yrs | $138,500 | $847 |
| 10 | Walsh County | 13.7 yrs | $125,700 | $766 |
| 11 | Pembina County | 14.0 yrs | $116,600 | $692 |
| 12 | Slope County | 14.1 yrs | $121,300 | $719 |
| 13 | Wells County | 14.1 yrs | $106,400 | $630 |
| 14 | Towner County | 14.2 yrs | $122,800 | $719 |
| 15 | Pierce County | 14.8 yrs | $143,400 | $807 |
| 16 | Sargent County | 14.9 yrs | $149,600 | $835 |
| 17 | Sioux County | 15.6 yrs | $87,400 | $466 |
| 18 | Eddy County | 15.7 yrs | $115,500 | $615 |
| 19 | Mercer County | 15.7 yrs | $196,200 | $1,043 |
| 20 | Steele County | 15.9 yrs | $120,400 | $630 |
| 21 | Nelson County | 16.1 yrs | $114,500 | $593 |
| 22 | Renville County | 16.1 yrs | $163,400 | $846 |
| 23 | Rolette County | 16.2 yrs | $93,000 | $479 |
| 24 | McHenry County | 16.2 yrs | $143,200 | $737 |
| 25 | LaMoure County | 16.2 yrs | $118,000 | $607 |
| 26 | Burke County | 16.3 yrs | $141,900 | $725 |
| 27 | Adams County | 16.6 yrs | $108,300 | $545 |
| 28 | Bowman County | 16.9 yrs | $176,400 | $869 |
| 29 | Emmons County | 17.0 yrs | $112,400 | $551 |
| 30 | Griggs County | 17.6 yrs | $128,200 | $606 |
| 31 | Foster County | 17.9 yrs | $162,800 | $756 |
| 32 | Barnes County | 18.0 yrs | $168,100 | $779 |
| 33 | Dickey County | 18.6 yrs | $167,100 | $749 |
| 34 | Richland County | 19.7 yrs | $177,600 | $751 |
| 35 | Morton County | 20.1 yrs | $249,600 | $1,036 |
| 36 | Williams County | 20.1 yrs | $267,800 | $1,108 |
| 37 | Ransom County | 20.5 yrs | $174,800 | $710 |
| 38 | Bottineau County | 20.8 yrs | $190,900 | $763 |
| 39 | Grand Forks County | 21.0 yrs | $244,200 | $971 |
| 40 | Traill County | 21.2 yrs | $193,200 | $758 |
| 41 | Mountrail County | 21.4 yrs | $222,200 | $864 |
| 42 | Ward County | 21.6 yrs | $259,100 | $1,000 |
| 43 | Dunn County | 21.6 yrs | $244,000 | $941 |
| 44 | Stark County | 22.5 yrs | $260,400 | $966 |
| 45 | Stutsman County | 22.5 yrs | $200,300 | $742 |
| 46 | Ramsey County | 23.9 yrs | $197,400 | $687 |
| 47 | Sheridan County | 24.1 yrs | $107,700 | $373 |
| 48 | Oliver County | 24.9 yrs | $217,000 | $725 |
| 49 | McLean County | 25.3 yrs | $233,100 | $768 |
| 50 | Cass County | 25.5 yrs | $284,700 | $930 |
| 51 | McKenzie County | 25.8 yrs | $357,300 | $1,153 |
| 52 | Burleigh County | 26.3 yrs | $314,700 | $996 |
| 53 | Billings County | 42.7 yrs | $322,500 | $630 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Price-to-Rent Ratios across all 3,133 US counties · Every county in North Dakota