RentData

Average Rent in Golden Valley County, ND↑ Rents rising 20.1% YoY🔺 6th priciest in ND

HUD FY2027 · Official government data · Updated annually · Metro pop. 1,679

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Golden Valley County, ND has rental prices ranging from $963/month to $2,061/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $970/month — 31% below the national average of $1,400/month. With a median household income of $76,528/year, spending $970/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Golden Valley County Compares

With an average 2-bedroom rent of $1,233/month, Golden Valley County ranks #6 most expensive of the 54 cities tracked in North Dakota — pricier than 77% of all US cities in our data.

The Golden Valley County Rental Market

The Golden Valley County, ND area has a population of about 1,679 and 25% 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 Golden Valley County, ND have risen by $206/month (20.1%) over the past year, from $1,027 to $1,233. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Golden Valley County, ND without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $38,800. The local median household income of $76,528 exceeds that threshold by $37,728, making Golden Valley County relatively accessible compared to local wages.

Economy & Jobs

Golden Valley County, ND has an unemployment rate of 2.1%, 1.8 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 FY2027
Studio
$963
Affordable
1 Bedroom
$970
Affordable
2 Bedrooms
$1,233
↑20.1% YoY
Affordable
3 Bedrooms
$1,707
Affordable
4 Bedrooms
$2,061
Average
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Is Golden Valley 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
$49,320/year
Local median income: $76,528
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,233/month and 20% down on a — home at 7% rate.

Nearby Cities in NDlargest metros in the state

CityStudio1BR2BR3BRHome Value
Bismarck$865$927$1,067$1,477—
Ward County$721$808$1,040$1,457—
Ward County$726$864$1,049$1,458—
Williams County$1,133$1,232$1,388$1,796—
Stark County$1,038$1,044$1,231$1,705—
Stutsman County$790$795$1,014$1,404—

Rent or Buy in Golden Valley County?

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

Should I Rent or Buy?

Break-even analysis using real Golden Valley County data

$
Home Value
$350,000
2BR Rent
$1,233/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,233/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Golden Valley 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 Golden Valley County

Compare rent & home prices by neighborhood

💵Rent Affordability in Golden Valley County

Salary needed to afford rent here

🗺️All Cities in ND

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⚖️Compare Golden Valley County

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

📋ND Tenant Rights

Deposit limits, eviction laws & renters protections