Average Rent in Ransom County, ND↑ Rents rising 8.0% YoY🔻 3rd cheapest in ND
HUD FY2025 · Official government data · Updated annually · Metro pop. 5,662
Market Overview
Ransom County, ND has rental prices ranging from $711/month to $1,558/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $716/month — 49% below the national average of $1,400/month. With a median household income of $74,521/year, spending $716/month on a 1-bedroom represents 12% of gross income — within the recommended 30% threshold.
How Ransom County Compares
With an average 2-bedroom rent of $928/month, Ransom 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 Ransom County Rental Market
The Ransom County, ND area has a population of about 5,662 and 24% 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 Ransom 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 Ransom County, ND without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,640. The local median household income of $74,521 exceeds that threshold by $45,881, making Ransom County relatively accessible compared to local wages.
Economy & Jobs
Ransom 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 FY2025Is Ransom County, ND Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in NDlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home 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 Ransom County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Ransom County data
Renting appears to be the better financial choice for this scenario.
Living in Ransom County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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Compare rent & home prices by neighborhood
💵Rent Affordability in Ransom CountySalary needed to afford rent here
🗺️All Cities in NDSee how Ransom County ranks statewide
⚖️Compare Ransom CountySide-by-side rent & cost of living with any city
📋ND Tenant RightsDeposit limits, eviction laws & renters protections