Cost of Living in Slope County, North Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Slope County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Slope County ranks #6 of 3,144 counties for affordability (top 0%)
Data Story
About Cost of Living in Slope County, North Dakota
Slope's housing costs demand higher income
Slope County's 13.8% rent-to-income ratio exceeds the national norm, even as median rent of $719 remains modest in absolute dollars. With median household income of $62,500—well below the national average of $74,755—residents stretch further to afford housing than typical American households.
Above average housing burden for county
Slope County ranks in the less-affordable half of North Dakota counties, with a 13.8% rent-to-income ratio topping the state average of 12.8%. The $719 median rent runs $51 above the state median, adding to the affordability pressure on an income base below state norms.
Mid-range costs in rural North Dakota
Slope's $719 rent sits between affordable Sheridan ($373) and pricier Sargent ($835), while home values of $121,300 similarly occupy the middle. The county offers neither the bargain pricing of far-rural areas nor the economic strength of wealthier neighboring counties.
Rent strains more than ownership
At 13.8%, rent consumes a notably larger share of income than the 9.8% homeowners dedicate to $509 monthly mortgage costs. For renters in Slope County, housing is a tighter squeeze relative to local earning power.
Moderate option with affordability caution
Slope County offers modest rents and home prices, but its below-average income base means housing still bites harder here than in wealthier counties. Renters should be prepared for housing costs that consume more of their budget than state averages suggest.
Cost of Living Advisory: Slope County
Affordability Verdict
Housing in Slope County is affordable. The median rent is $719/month against a median household income of $62,500, putting rent at 13.8% of income.
Rent vs. Own
Renters in Slope County pay $719/month on average, compared to $509/month for homeowners. This market favors buyers by about 29%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,760/year. For owner costs at the 28% rule, the required income is roughly $21,814/year. With a median household income of $62,500, most households can comfortably afford rent here. Notably, 26.0% of renter households in Slope County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Slope County sits 8% less expensive than Barnes County ($779/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Slope County
Rent Burden
13.8%
of gross income
Max Housing (28% Rule)
$1,458
per month
Owner Cost Burden
9.8%
of gross income
You can likely afford the median home in Slope County
Median home value is $121,300. Estimated monthly cost: $968 vs. your max of $1,458.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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