Bismarck
North Dakota ยท Ranked #107 of 373 metros
85Affordable
๐ก
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
๐$289K
Need $86K income
Median Rent
๐$951
Need $38K income
Building Permits
๐จ352
annual
Median Income
๐ฐ$83K
Pop: 146,616
Rent Burden
โ ๏ธ17.8%
of renters paying >30%
Homeownership
๐ก74.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Bismarck | National |
|---|---|---|
| Price-to-Income Ratio | 3.47x | 6.1x |
| Rent Burden | 17.8% | 31.5% |
| Homeownership Rate | 74.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000โ2025)
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%