Minot, ND Rental Market Trends
Last updated: October 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Minot is $1,166, a N/A compared to the previous year, when the average rent was .
One-bedroom apartments provide 745 square feet for $974, balancing privacy and affordability.
Two-bedroom units at $1,173 offer 1,028 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,288 sq ft) for $1,379, suitable for larger households.
Average rent in Minot, ND
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,166 | 1,013 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $974 | 745 sq. ft. |
| 2 Beds | $1,173 | 1,028 sq. ft. |
| 3 Beds | $1,379 | 1,288 sq. ft. |
Minot, ND rent trends
What's the typical rent budget in Minot, ND?
The largest share of rentals in Minot, ND (83%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Minot, ND?
9,182 or 43% of the households in Minot, ND are renter-occupied while 12,020 or 57% are owner-occupied.
How Minot Compares to Other Cities
| City | Average Rent |
|---|---|
| Minot | $1,166 |
| Fargo | $1,166 |
| Grand Forks | $1,341 |
| West Fargo | $1,126 |
| Williston | $1,399 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Minot apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.