Cost of Living in Towner County, North Dakota

$719/mo
Median Monthly Rent
$122,800
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$719/mo
7% below state average
Median Home Value
$122,800
56% below national
Rent-to-Income Ratio
22.0%
% 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 Towner County Compares

Median monthly rent comparison

Towner County$719/mo
North Dakota Average$770/mo
National Median$1,163/mo

Detailed Housing Stats

$719/mo
Median Gross Rent
$122,800
Median Home Value
$643/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Towner County, North Dakota

Towner's rents reasonable, but income modest

Towner County's 13.7% rent-to-income ratio slightly exceeds the national norm, though at $719 monthly, rent remains affordable in absolute terms. With median household income of $63,017—well below the national average of $74,755—residents here stretch further to cover housing than typical American households.

Slightly above average housing burden

Towner County's 13.7% rent-to-income ratio tops North Dakota's state average of 12.8%, placing it in the less-affordable half of the state's counties. The $719 median rent runs $51 above the state median, adding modest pressure on an income base below state norms.

Mid-range rural affordability

Towner's $719 rent matches Slope County and falls between bargain Sheridan ($373) and pricier Sargent ($835), while home values at $122,800 similarly occupy the middle ground. The county offers modest rural living costs without exceptional value or premium amenities.

Renters face steeper burden than owners

At 13.7%, renters dedicate substantially more of their income to housing than the 12.3% homeowners pay toward $643 monthly owner costs. For Towner County renters especially, housing represents a tighter squeeze relative to local earning power.

Modest costs, modest economic base

Towner County offers middle-of-the-road housing costs without dramatic savings, paired with below-average incomes that make housing still feel costly. Consider this county if you bring outside income or remote work; relying on local employment may strain housing affordability.

Affordability Calculator

See how your income compares to housing costs in Towner County

$

Rent Burden

13.7%

of gross income

Max Housing (28% Rule)

$1,470

per month

Owner Cost Burden

12.2%

of gross income

You can likely afford the median home in Towner County

Median home value is $122,800. Estimated monthly cost: $980 vs. your max of $1,470.

Rent Affordability Guide

Your rent-to-income ratio13.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Towner County, North Dakota?
Towner County, North Dakota has a median monthly rent of $719/mo and a median home value of $122,800. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Towner County?
The median gross rent in Towner County is $719/mo. This is 7% below state average for North Dakota.
Is Towner County affordable?
Towner County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Towner County's rent compare to the state average?
Towner County's median rent of $719/mo is 7% below state average of $770/mo for North Dakota.
What is the median home value in Towner County?
The median home value in Towner County, North Dakota is $122,800. This is 56% 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.