RentData

Average Rent in Foster County, ND↑ Rents rising 8.0% YoY🔻 3rd cheapest in ND

HUD FY2025 · Official government data · Updated annually · Metro pop. 3,372

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Foster County, ND has rental prices ranging from $807/month to $1,558/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $838/month — 40% below the national average of $1,400/month. With a median household income of $83,412/year, spending $838/month on a 1-bedroom represents 12% of gross income — within the recommended 30% threshold.

How Foster County Compares

With an average 2-bedroom rent of $928/month, Foster County ranks #49 most expensive of the 51 cities tracked in North Dakota — more affordable than 64% of all US cities in our data.

The Foster County Rental Market

The Foster County, ND area has a population of about 3,372 and 23% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Foster County, ND have risen by $69/month (8.0%) over the past year, from $859 to $928. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Foster County, ND without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,520. The local median household income of $83,412 exceeds that threshold by $49,892, making Foster County relatively accessible compared to local wages.

Economy & Jobs

Foster County, ND has an unemployment rate of 1.6%, 2.3 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Fair Market Rents

HUD FY2025
Studio
$807
Affordable
1 Bedroom
$838
Affordable
2 Bedrooms
$928
↑8.0% YoY
Affordable
3 Bedrooms
$1,300
Affordable
4 Bedrooms
$1,558
Affordable
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Is Foster County, ND Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$37,120/year
Local median income: $83,412
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $928/month and 20% down on a — home at 7% rate.

Nearby Cities in NDlargest metros in the state

CityStudio1BR2BR3BRHome Value
Bismarck$828$917$1,023$1,433—
Ward County$721$808$1,040$1,457—
Williams County$1,003$1,026$1,154$1,617—
Stark County$850$855$1,020$1,429—
Stutsman County$708$713$928$1,300—
Richland County$703$707$928$1,300—

Rent or Buy in Foster County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Foster County data

$
Home Value
$350,000
2BR Rent
$928/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $928/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Foster County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Foster County

Compare rent & home prices by neighborhood

💵Rent Affordability in Foster County

Salary needed to afford rent here

🗺️All Cities in ND

See how Foster County ranks statewide

⚖️Compare Foster County

Side-by-side rent & cost of living with any city

📋ND Tenant Rights

Deposit limits, eviction laws & renters protections