Rentometer, Inc. | Data as of 12/04/2025
Minot, known as the âHeart of the Plains,â offers a welcoming blend of smallâcity charm and vibrant cultural life. Residents enjoy easy access to the historic downtown district, the scenic South Fork of the Sheyenne River, and popular events such as the North Dakota State Fair. The cityâs strong community spirit is reflected in its wellâmaintained parks, a growing arts scene, and the nearby Minot Air Force Base, which adds a dynamic, diverse population to the area.
The rental market in Minot is balanced with a healthy mix of apartments and singleâfamily homes, catering to a wide range of lifestyle preferences. Studio apartments typically fall within the $700â$1000 range, while oneâbedroom units often sit in the $1000â$1100 bracket. Twoâbedroom apartments commonly command $1100â$1150, and larger threeâbedroom layouts can be found in the $1300â$1500 range. Houses provide comparable options, with studioâstyle homes ranging from $1400â$1700, oneâbedroom homes in the $800â$1000 range, and twoâbedroom homes around $1100. Larger family homes with three or more bedrooms often command $1700 and up, with fourâplusâbedroom properties reaching the $2000â$2100 spectrum. These varied price points make it easy for renters to find a space that fits both budget and space needs.
Neighborhoods such as the revitalized Downtown area, the familyâfriendly North Hill community, and the scenic Riverfront district each offer distinct advantages, from walkable streets and local eateries to proximity to schools and recreational trails. Whether youâre a student, a military family, or a professional seeking a comfortable home, Minotâs rental landscape provides ample choices in a welcoming environment.
| 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 - $1,408 | $925 - $1,175 |
| Apartment | 2 Bedroom | $1,109 | $1,122 | $532 - $1,795 | $950 - $1,246 |
| Apartment | 3 Bedroom | $1,413 | $1,350 | $795 - $1,955 | $1,295 - $1,595 |
| House | Studio | $1,437 | $1,701 | $615 - $1,995 | $615 - $1,995 |
| House | 1 Bedroom | $824 | $995 | $495 - $1,175 | $525 - $1,010 |
| House | 2 Bedroom | $1,127 | $1,195 | $645 - $1,595 | $895 - $1,295 |
| House | 3 Bedroom | $1,722 | $1,700 | $1,045 - $2,455 | $1,595 - $1,925 |
| House | 4+ Bedroom | $2,156 | $1,997 | $1,365 - $4,000 | $1,850 - $2,395 |
In the current period, the average rent in Minot was $1,017 for Studio, $994 for 1 Bedroom, $1,116 for 2 Bedroom, $1,610 for 3 Bedroom, and $1,995 for 4+ Bedroom.
Data provided by Rentometer, Inc.