Rentometer, Inc. | Data as of 10/23/2025
Minot’s metro rental market offers a balanced mix of apartments and single‑family homes, catering to a wide spectrum of renters from students and young professionals to growing families. Apartment studios typically sit in the $700‑$800 range, while one‑bedroom units hover around the $1,000 mark, providing affordable options for those seeking convenience and low‑maintenance living. Larger apartments, including two‑ and three‑bedroom layouts, extend into the $1,300‑$1,400 range, delivering spacious interiors for roommates or small households. For renters preferring the privacy of a house, studio‑style homes start in the $1,400‑$1,500 bracket, with three‑ and four‑plus bedroom homes reaching the $2,000 range, ideal for families seeking room to grow.
The city’s neighborhoods each bring a distinct flavor to the rental experience. North Hill and South Hill feature well‑established residential streets with a blend of older bungalows and newer constructions, while Oak Park and Eastwood showcase newer developments and easy access to shopping centers and schools. Downtown Minot’s Riverfront district appeals to apartment seekers who value walkable amenities, vibrant nightlife, and proximity to cultural attractions such as the Scandinavian Heritage Park and the State Fairgrounds. Meanwhile, the outskirts near Minot Air Force Base provide a steady stream of military‑friendly housing options, often in the form of single‑family homes with ample yard space.
Beyond the walls of each unit, renters enjoy a community rich in outdoor recreation, including the Souris River trail system, numerous parks, and seasonal events that highlight the city’s “Magic City” spirit. With a rental market that balances affordability, variety, and convenient access to local landmarks, Minot remains an attractive destination for anyone looking to call the North Dakota plains home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $764 | $951 | $400 - $1,005 | $505 - $960 |
| Apartment | 1 Bedroom | $1,029 | $1,065 | $550 - $1,474 | $925 - $1,175 |
| Apartment | 2 Bedroom | $1,108 | $1,120 | $532 - $1,795 | $950 - $1,228 |
| Apartment | 3 Bedroom | $1,405 | $1,345 | $795 - $1,955 | $1,260 - $1,595 |
| House | Studio | $1,437 | $1,701 | $615 - $1,995 | $615 - $1,995 |
| House | 1 Bedroom | $795 | $785 | $495 - $1,175 | $525 - $1,010 |
| House | 2 Bedroom | $1,100 | $1,105 | $645 - $1,595 | $865 - $1,295 |
| House | 3 Bedroom | $1,707 | $1,700 | $1,045 - $2,455 | $1,545 - $1,900 |
| House | 4+ Bedroom | $2,021 | $1,995 | $1,100 - $2,700 | $1,795 - $2,295 |
In the current period, the average rent in Minot, ND was $1,017 for Studio, $995 for 1 Bedroom, $1,106 for 2 Bedroom, $1,588 for 3 Bedroom, and $1,933 for 4+ Bedroom.
Data provided by Rentometer, Inc.