Cost of Living in Oliver County, North Dakota

$725/mo
Median Monthly Rent
$217,000
Median Home Value
6% below state averageUnaffordable

At a Glance

Median Monthly Rent
$725/mo
6% below state average
Median Home Value
$217,000
23% below national
Rent-to-Income Ratio
21.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Oliver County Compares

Median monthly rent comparison

Oliver County$725/mo
North Dakota Average$770/mo
National Median$1,163/mo

Detailed Housing Stats

$725/mo
Median Gross Rent
$217,000
Median Home Value
$782/mo
Monthly Owner Cost
21.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Oliver County, North Dakota

Oliver County rents are a bargain

At 11.3%, Oliver County's rent-to-income ratio beats the national average and stays well below the strain point of 30%. Renters here spend less of their paycheck on housing than typical Americans, giving them more breathing room in their budgets.

Best affordability in North Dakota

Oliver County ranks among the state's most affordable housing markets, with a rent-to-income ratio of 11.3% compared to North Dakota's state average of 12.8%. The median rent of $725 sits below the state median of $770, making it a standout for renters seeking value.

Oliver leads a competitive region

Oliver County's $725 monthly rent undercuts most nearby counties, though Pembina County ($692) and Rolette County ($479) offer even lower rents. With a median household income of $76,953—the highest in this cluster—Oliver residents enjoy both strong earnings and reasonable housing costs.

Housing takes 22% of income

Oliver County residents spend roughly 11.3% of income on rent and another 12.2% on mortgage costs, totaling about 23.5% of income for housing. The median home value of $217,000 remains accessible given the area's solid median household income of $76,953.

Consider Oliver for stability

If you're relocating to North Dakota and want both affordable rents and strong income potential, Oliver County delivers on both fronts. Compare it to nearby Ramsey County ($61,319 income, 13.4% rent ratio) or Pembina County ($66,884 income, 12.4% rent ratio) to find your best fit.

Affordability Calculator

See how your income compares to housing costs in Oliver County

$

Rent Burden

11.3%

of gross income

Max Housing (28% Rule)

$1,796

per month

Owner Cost Burden

12.2%

of gross income

You can likely afford the median home in Oliver County

Median home value is $217,000. Estimated monthly cost: $1,732 vs. your max of $1,796.

Rent Affordability Guide

Your rent-to-income ratio11.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Oliver County, North Dakota?
Oliver County, North Dakota has a median monthly rent of $725/mo and a median home value of $217,000. The affordability rating is Unaffordable, with rent making up approximately 21.0% of median household income.
What is the median rent in Oliver County?
The median gross rent in Oliver County is $725/mo. This is 6% below state average for North Dakota.
Is Oliver County affordable?
Oliver County is rated Unaffordable based on rent-to-income ratio of 21.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Oliver County's rent compare to the state average?
Oliver County's median rent of $725/mo is 6% below state average of $770/mo for North Dakota.
What is the median home value in Oliver County?
The median home value in Oliver County, North Dakota is $217,000. This is 23% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.