RentData

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

HUD FY2025 · Official government data · Updated annually · Metro pop. 11,563

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

Market Overview

Ramsey County, ND has rental prices ranging from $636/month to $1,409/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $722/month — 48% below the national average of $1,400/month. With a median household income of $61,319/year, spending $722/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Ramsey County Compares

With an average 2-bedroom rent of $928/month, Ramsey 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 Ramsey County Rental Market

The Ramsey County, ND area has a population of about 11,563 and 41% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in Ramsey 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 Ramsey County, ND without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,880. The local median household income of $61,319 exceeds that threshold by $32,439, making Ramsey County relatively accessible compared to local wages.

Economy & Jobs

Ramsey County, ND has an unemployment rate of 1.9%, 2.0 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
$636
Affordable
1 Bedroom
$722
Affordable
2 Bedrooms
$928
8.0% YoY
Affordable
3 Bedrooms
$1,300
Affordable
4 Bedrooms
$1,409
Affordable
🔔
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Is Ramsey 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: $61,319
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 Ramsey County?

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

Should I Rent or Buy?

Break-even analysis using real Ramsey 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 Ramsey 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 Ramsey County

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💵Rent Affordability in Ramsey County

Salary needed to afford rent here

🗺️All Cities in ND

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⚖️Compare Ramsey County

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

📋ND Tenant Rights

Deposit limits, eviction laws & renters protections