Cost of Living in Richland County, North Dakota

$751/mo
Median Monthly Rent
$177,600
Median Home Value

At a Glance

Median Monthly Rent
$751/mo
2% below state average
Median Home Value
$177,600
37% below national
Rent-to-Income Ratio
23.0%
% 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 Richland County Compares

Median monthly rent comparison

Richland County$751/mo
North Dakota Average$770/mo
National Median$1,163/mo

Detailed Housing Stats

$751/mo
Median Gross Rent
$177,600
Median Home Value
$807/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Richland County ranks #1,432 of 3,144 counties for affordability (top 46%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Richland County, North Dakota

Richland rents balance income well

Richland County's rent-to-income ratio of 12.4% matches North Dakota's state average of 12.8% and remains comfortably below national strain levels. The median rent of $751 sits just below the state median of $770, with solid median household income of $72,524 supporting affordability.

Middle of the road affordability

Richland County ranks in the middle tier for housing affordability across North Dakota, with a rent-to-income ratio of 12.4% matching Pembina County. The median rent of $751 sits marginally below the state median of $770, offering modest savings with steady income support.

Richland balances rents and income

Richland County's $751 rent positions it between Oliver County ($725) and Renville County ($846), with a median income of $72,524 that's solid but not the highest in its peer group. Its 12.4% rent-to-income ratio ties with Pembina County, suggesting similar affordability dynamics.

Housing takes 23% of income

Richland County residents allocate 12.4% of income to rent and another 13.4% to owner costs, totaling roughly 25.8% of household income toward housing. Both renters and homebuyers enjoy reasonable affordability margins, with ownership costs slightly lower than rents.

Richland offers balanced relocation option

Richland County suits relocators seeking middle-ground affordability without extreme housing premiums or income constraints. To narrow your choice, compare it to higher-affordability counties like Oliver (11.3% rent ratio) or lower-income alternatives like Ramsey County (13.4% rent ratio).

Cost of Living Advisory: Richland County

Affordability Verdict

Housing in Richland County is affordable. The median rent is $751/month against a median household income of $72,524, putting rent at 12.4% of income.

Rent vs. Own

The median rent in Richland County is $751/month, while owner costs run $807/month. Renting saves approximately $56/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,040/year. For owner costs at the 28% rule, the required income is roughly $34,586/year. With a median household income of $72,524, most households can comfortably afford rent here. Notably, 23.0% of renter households in Richland County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within North Dakota, Richland County is less affordable than Pierce County by roughly 7% ($751/mo vs $807/mo).

Affordability Calculator

See how your income compares to housing costs in Richland County

$

Rent Burden

12.4%

of gross income

Max Housing (28% Rule)

$1,692

per month

Owner Cost Burden

13.4%

of gross income

You can likely afford the median home in Richland County

Median home value is $177,600. Estimated monthly cost: $1,418 vs. your max of $1,692.

Rent Affordability Guide

Your rent-to-income ratio12.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,524Needed: $30,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,524Needed: $34,586
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,524Needed: $41,332

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Richland County, North Dakota?
Richland County, North Dakota has a median monthly rent of $751/mo and a median home value of $177,600. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Richland County?
The median gross rent in Richland County is $751/mo. This is 2% below state average for North Dakota.
Is Richland County affordable?
Richland County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Richland County's rent compare to the state average?
Richland County's median rent of $751/mo is 2% below state average of $770/mo for North Dakota.
What is the median home value in Richland County?
The median home value in Richland County, North Dakota is $177,600. This is 37% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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