2026 Affordability Data
Most Affordable Neighborhoods in Minot - 2026 Data
The median home value in Minot is $241,900, 14% below nat'l avg. Median rent is $700/month. With an affordability index of 321, Minot is more affordable than the national baseline of 100. We ranked 0 neighborhoods by affordability to help you find the best value in the Minot, ND area.
Key Takeaways: Affordability in Minot
- 1Minot's median home value is $241,900, 14% below nat'l avg (national: $281,900).
- 2Minot's affordability index is 321 (baseline 100), making it more affordable than the national average.
- 3Median rent in Minot is $700/month, 40% below nat'l avg (national: $1,163/month).
Minot Affordability Overview
Median Home Value
$241,900
14% below nat'l avg
Median Rent
$700/mo
40% below nat'l avg
Median Income
$75,545
Near nat'l avg
Affordability Index
321
221% above nat'l avg
Frequently Asked Questions About Affordability in Minot
What is the median home price in Minot, ND?▾
The median home price in Minot is $241,900, which is 14% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Minot affordable compared to the national average?▾
Minot has an affordability index of 321, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Minot, ND?▾
The median monthly rent in Minot is $700. This is 40% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Minot?▾
The median household income in Minot is $75,545 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).