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Rent in Minot, ND

Across Minot's 4 ZIP codes, a 2-bedroom typically rents for about $1,037 a month, with figures from $895–$1,049. The highest typical rent is in 58707 ($1,049) and the lowest in 58701 ($895). 2 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Ward County pay about 1.07% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Minot, ND by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$726$591–$8404
1 bed$837$691–$8644
2 beds$1,037$895–$1,0494
3 beds$1,432$1,285–$1,4584
4 beds$1,759$1,310–$1,7594

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Minot ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Minot, ND?
About $1,037 a month: the median of the typical rents in 4 ZIP codes, which range from $895–$1,049. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Minot, ND?
About $837 a month: the median of the typical rents in 4 ZIP codes, which range from $691–$864. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Minot, ND?
About $1,432 a month: the median of the typical rents in 4 ZIP codes, which range from $1,285–$1,458. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Minot, ND?
About $726 a month: the median of the typical rents in 4 ZIP codes, which range from $591–$840. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Minot, ND?
About $1,759 a month: the median of the typical rents in 4 ZIP codes, which range from $1,310–$1,759. Figures are gross rent (rent plus tenant-paid utilities).
Which Minot ZIP code has the highest rent?
For a 2-bedroom, 58707 has the highest typical rent at $1,049 a month, and 58701 the lowest at $895.
What is the property tax rate in Minot, ND?
Owner-occupied homes in Ward County pay a typical 1.07% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Minot rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).