Cost of Living in Walsh County, North Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Walsh County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Walsh County, North Dakota
Walsh renters spend more than peers nationally
Walsh County's rent-to-income ratio of 13.1% exceeds both the national threshold and North Dakota's state average of 12.8%. With a median household income of $69,976—below the national median of $74,755—renters here allocate a slightly tighter share of earnings to housing.
Middle-of-the-pack affordability in North Dakota
Walsh County ranks in the middle tier of North Dakota counties for rental affordability, with a rent-to-income ratio just slightly above the state average. Homeownership is more favorable: the $692 monthly owner cost represents just 12% of household income.
Similar rent, lower home prices than rivals
Walsh County's median rent of $766 mirrors nearby Traill ($758) but trails Ward County ($1,000) considerably. Home values in Walsh ($125,700) are significantly cheaper than Traill ($193,200) and Ward ($259,100), making it the most affordable county to buy in this cluster.
Homeownership is the affordability sweet spot
Renters in Walsh pay $766 monthly (13.1% of income) while homeowners pay just $692—making mortgages the better deal here. On a median income of $69,976, the difference between renting and owning is stark: homeowners keep hundreds more in their pockets each month.
Walsh: buy instead of rent and save big
Walsh County is ideal for buyers seeking affordable homeownership; renters considering the leap will find mortgages surprisingly cheaper than rents. If you're relocating to rural North Dakota, Walsh's low home values and stable employment make it worth serious consideration.
Affordability Calculator
See how your income compares to housing costs in Walsh County
Rent Burden
13.1%
of gross income
Max Housing (28% Rule)
$1,633
per month
Owner Cost Burden
11.9%
of gross income
You can likely afford the median home in Walsh County
Median home value is $125,700. Estimated monthly cost: $1,004 vs. your max of $1,633.
Rent Affordability Guide
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.