North Dakota
Ranked #4 of 51 for housing affordability
75Affordable
Median Home Price
🏠$245K
3.8x income
Median Rent
🔑$950
25.5% rent-burdened
Median Income
💰$65K
Population: 779,094
Homeownership
🏡62.0%
1,218 experiencing homelessness
Housing Shortage
📉8,000
units needed
Building Permits (2024)
🔨5,000
Price-to-Income
📊3.8x
Severe Rent Burden
⚠️11.0%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in North Dakota
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Fargo | 72 | $280K | $1K | $64K | 26.0% |
Housing Policies
Housing Incentive Fundlow-income housing tax credits