Minot, ND housing market
Typical home value
$280K
▲ 3.1% 1 yr
Typical rent
$1,269/mo
▲ 6.6% 1 yr
Gross rent yield
5.4%
U.S. 6.3%
5-year home value change
+28%
U.S. +20%
Key takeaways
- 1The typical home in Minot is worth $279,936, up 3.1% over the past year and up 28% over five years.
- 2Typical rent is $1,269 a month (+6.6% YoY), a gross rent yield of 5.4% (below the Minot, ND metro's 5.6%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,538/mo, $269 more than typical rent.
- 4Zillow forecasts the Minot, ND metro's home values to change +1.3% over the next 12 months.
Market temperature (Minot, ND metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 38/100, #324 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Minot compares
| Measure | Minot | Minot, ND metro | United States |
|---|---|---|---|
| Typical home value | $279,936 | $268,966 | $366,157 |
| Home value, 1-yr change | +3.1% | +3.4% | +1.2% |
| Typical rent | $1,269 | $1,252 | $1,932 |
| Rent, 1-yr change | +6.6% | +6.3% | +2.7% |
| Gross rent yield | 5.4% | 5.6% | 6.3% |
| Price-to-rent ratio | 18.4 | 17.9 | 15.8 |
| Mortgage P&I, typical home | $1,538 | $1,478 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Minot rental, pre-filled.
Rent vs buy in Minot
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $280K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.