Cost of Living in Ward County, North Dakota

$1,000/mo
Median Monthly Rent
$259,100
Median Home Value
30% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,000/mo
30% above state average
Median Home Value
$259,100
8% 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 Ward County Compares

Median monthly rent comparison

Ward County$1,000/mo
North Dakota Average$770/mo
National Median$1,163/mo

Detailed Housing Stats

$1,000/mo
Median Gross Rent
$259,100
Median Home Value
$1,228/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Ward County, North Dakota

Ward's housing costs strain local incomes

Ward County residents spend 15.1% of income on rent—the highest rent-to-income ratio among the counties examined and well above the national 12% benchmark and state average of 12.8%. Median household income of $79,273 is solid, but Ward's median rent of $1,000 pushes housing costs into uncomfortable territory.

Least affordable rental county in North Dakota

Ward County ranks lowest in rental affordability among North Dakota counties, with renters dedicating the largest share of income to housing. This reflects Minot's role as a regional economic hub, where demand for housing has outpaced supply and wage growth.

Rents spike in Ward, mortgages follow suit

Ward's median rent of $1,000 far exceeds Traill ($758), Walsh ($766), and Wells ($630), while homeownership costs of $1,228 are also the highest in the region. The median home value of $259,100 reflects Ward's stronger economy but strains first-time buyers and renters alike.

Housing eats 15% of Ward household budgets

Renters pay $1,000 monthly (15.1% of a $79,273 income), while homeowners pay $1,228 for mortgages on properties worth $259,100. For a typical family, this leaves considerably less room for retirement savings, education, and emergency funds compared to neighboring counties.

Ward: strong job market, steep housing costs

Ward County offers genuine economic opportunity through Minot's presence, but renters and homebuyers should budget carefully for housing's larger bite. If affordability is your priority, nearby Traill or Wells counties deliver comparable incomes with significantly lower housing costs.

Affordability Calculator

See how your income compares to housing costs in Ward County

$

Rent Burden

15.1%

of gross income

Max Housing (28% Rule)

$1,850

per month

Owner Cost Burden

18.6%

of gross income

The median home in Ward County may be a stretch

Median home value is $259,100. Estimated monthly cost: $2,068 vs. your max of $1,850.

Rent Affordability Guide

Your rent-to-income ratio15.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Ward County, North Dakota?
Ward County, North Dakota has a median monthly rent of $1,000/mo and a median home value of $259,100. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Ward County?
The median gross rent in Ward County is $1,000/mo. This is 30% above state average for North Dakota.
Is Ward County affordable?
Ward 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 Ward County's rent compare to the state average?
Ward County's median rent of $1,000/mo is 30% above state average of $770/mo for North Dakota.
What is the median home value in Ward County?
The median home value in Ward County, North Dakota is $259,100. This is 8% 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.