Grand Forks
North Dakota · Ranked #97 of 373 metros
86Affordable
💡
Housing in Grand Forks costs 3.4× the median income, below the national average of 4.5×. The median home price is $243K and median rent is $908/month. Grand Forks ranks #97 of 373 metros for affordability.
Median Home Price
🏠$243K
Need $72K income
Median Rent
🔑$908
Need $36K income
Building Permits
🔨226
annual
Median Income
💰$72K
Pop: 112,441
Rent Burden
⚠️23.0%
of renters paying >30%
Homeownership
🏡60.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Grand Forks | National |
|---|---|---|
| Price-to-Income Ratio | 3.4x | 6.1x |
| Rent Burden | 23.0% | 31.5% |
| Homeownership Rate | 60.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +37.4%Since 2000: +194.5%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$863/mo
1 Bedroom$868/mo
2 Bedroom$1,089/mo
3 Bedroom$1,515/mo
4 Bedroom$1,827/mo
Zillow Market Data
Home Value (ZHVI)
$264K
1yr: +6.4%5yr: +25.3%
Rent (ZORI)
$1,173/mo
1yr: +7.8%5yr: +32.8%
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.