Apartments & Homes for Rent in 58703

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What to Know About

Life in Minot & Beyond

Minot shares many of the great qualities that make North Dakota a desirable place to live.

North Dakota is where grass fields and rolling prairies meet friendly communities with a rich history. Dive into the state's culture and heritage by visiting the North Dakota Heritage Center and Plains Art Museum or delving into esteemed institutions like the University of North Dakota, North Dakota State University, and Dickinson State University. North Dakota's economy is diverse, with thriving agriculture, energy, and technology industries. The state offers boundless opportunities for outdoor enthusiasts, from hunting and fishing in the Great Plains to skiing in the nearby mountains.

Sports fans will find plenty of excitement in North Dakota, with the option to attend thrilling college sports games at universities and participate in year-round activities such as hunting, fishing, and skiing. In addition, discover iconic attractions like the Theodore Roosevelt National Park, Fort Union Trading Post, Knife River Indian Villages National Historic Site, and the historic city of Bismarck.

Home to the Missouri River and Yellowstone National Park, North Dakota is a great place to live and work for those who enjoy outdoor recreation and a unique northern experience.

Rental Market Trends

Minot, ND

As of April 2025, Minot's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Minot's average rent is 2.4% ($25) higher than the North Dakota average of $1,047 and 40.4% ($727) lower than the U.S. average of $1,799.

Average Rent
$1,072
Monthly ChangeMonth Over Month Change
Decreased1.6% ($17)
Yearly ChangeYear Over Year Change
Increased13.7% ($129)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $937 Increased4.2% ($38) Increased13.2% ($109)
2 Beds $1,047 Decreased1.5% ($16) Increased11.7% ($110)
3 Beds $1,441 Increased5.4% ($74) Increased17.8% ($218)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Minot Rental Market FAQs

Explore rental prices, market trends, and availability in Minot, ND.

The average rent in Minot, ND is $1,072 per month.
Homes in Minot typically rent for between $656 and $1,873 per month, with an average of $1,072 per month.
In Minot, the average rent for a 1-bedroom home is $937 per month, for a 2-bedroom home, $1,047 per month, and a 3-bedroom home is $1,441 per month.
The average rent in Minot is 40.4% ($727) lower than the national average of $1,799 per month.
The average rent in Minot has decreased by 1.6% ($17) in the last month and increased by 13.7% ($129) over the past year.
The rental market in Minot, ND, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Minot, ND, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 170 rental properties available in Minot, ND.
Based on the current averages, a household would need an annual income of $41,880 to comfortably afford a 2-bedroom home in Minot.
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