Minot, ND

Metro area in North Dakota · Updated Jan 2026

12-Month Forecast ↑ +0.4%

Median Home Value

$258,379

↑ +2.2%

Year-over-year

Median Rent

$1,012/mo

↑ +5.5%

Year-over-year

Rental Yield

4.7%

Good for investors

5-Year Appreciation

+26.3%

Income Needed to Buy

$71,751

20% down, 30% DTI max

Active Listings

192

For-sale inventory

Price-to-Rent Ratio

21.3

Favors renting

Price Forecast

1 Month

↑ +0.2%

3 Months

↑ +0.8%

12 Months

↑ +0.4%

5-Year Price Trend

Calculate your mortgage for Minot, ND

See monthly payments for a $258,379 home →

Should you rent or buy in Minot, ND?

Price-to-rent ratio: 21.3x — Renting may be smarter. Run a full breakeven analysis with Minot, ND numbers pre-filled →

Frequently Asked Questions