Cost of Living in Wells County, North Dakota

$630/mo
Median Monthly Rent
$106,400
Median Home Value
18% below state averageUnaffordable

At a Glance

Median Monthly Rent
$630/mo
18% below state average
Median Home Value
$106,400
62% below national
Rent-to-Income Ratio
27.0%
% 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 Wells County Compares

Median monthly rent comparison

Wells County$630/mo
North Dakota Average$770/mo
National Median$1,163/mo

Detailed Housing Stats

$630/mo
Median Gross Rent
$106,400
Median Home Value
$644/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Wells County, North Dakota

Wells offers the cheapest housing in the region

Wells County's rent-to-income ratio of 12.3% sits just above the national benchmark and state average, achieved through the region's lowest median rent of $630 per month. However, a median household income of $61,346—17% below the national median—means residents here have lower absolute incomes despite favorable ratios.

Top-tier rental affordability in North Dakota

Wells County ranks among the most affordable counties in North Dakota for renters, with a 12.3% rent-to-income ratio that edges below the state average. The $630 median rent is the lowest examined here, making Wells attractive for those prioritizing low housing costs.

Cheapest rents and homes in the cluster

Wells' median rent of $630 undercuts all neighbors, and the median home value of $106,400 is the most affordable in the region—less than half Walsh County's $125,700. Both metrics reflect Wells' rural character and limited employment diversity.

Ultra-low housing costs, modest incomes combine

Renters pay just $630 monthly (12.3% of income) while homeowners pay $644, among the cheapest in the state. On a median household income of $61,346, this efficiency leaves families with predictable budgets—but lower absolute earnings mean less discretionary income overall.

Wells: minimal housing costs, limited opportunity

Wells County is ideal for retirees or remote workers who value ultra-low housing costs and rural quiet over job variety. If you're seeking employment growth alongside affordability, neighboring Traill or Walsh offer higher incomes with still-reasonable housing ratios.

Affordability Calculator

See how your income compares to housing costs in Wells County

$

Rent Burden

12.3%

of gross income

Max Housing (28% Rule)

$1,431

per month

Owner Cost Burden

12.6%

of gross income

You can likely afford the median home in Wells County

Median home value is $106,400. Estimated monthly cost: $849 vs. your max of $1,431.

Rent Affordability Guide

Your rent-to-income ratio12.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Wells County, North Dakota?
Wells County, North Dakota has a median monthly rent of $630/mo and a median home value of $106,400. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Wells County?
The median gross rent in Wells County is $630/mo. This is 18% below state average for North Dakota.
Is Wells County affordable?
Wells County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wells County's rent compare to the state average?
Wells County's median rent of $630/mo is 18% below state average of $770/mo for North Dakota.
What is the median home value in Wells County?
The median home value in Wells County, North Dakota is $106,400. This is 62% 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.