Bismarck

North Dakota ยท Ranked #107 of 373 metros

85Affordable
๐Ÿ’ก
Housing in Bismarck costs 3.47ร— the median income, below the national average of 4.5ร—. The median home price is $289K and median rent is $951/month. Bismarck ranks #107 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$289K

Need $86K income

Median Rent

๐Ÿ”‘

$951

Need $38K income

Building Permits

๐Ÿ”จ

352

annual

Median Income

๐Ÿ’ฐ

$83K

Pop: 146,616

Rent Burden

โš ๏ธ

17.8%

of renters paying >30%

Homeownership

๐Ÿก

74.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricBismarckNational
Price-to-Income Ratio3.47x6.1x
Rent Burden17.8%31.5%
Homeownership Rate74.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

House Price Index (2000โ€“2025)

FHFA All-Transactions HPI

Since 2019: +37.2%Since 2000: +225.7%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$961/mo
1 Bedroom$1,030/mo
2 Bedroom$1,175/mo
3 Bedroom$1,634/mo
4 Bedroom$1,884/mo

Zillow Market Data

Home Value (ZHVI)

$344K

1yr: +5.6%5yr: +30.3%

Rent (ZORI)

$1,326/mo

1yr: +10.6%5yr: +40.6%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$352K

Active Inventory

308

Days on Market

82

Sold Above List

10.0%

Price Drops

15.9%