Minot, North Dakota is an up and coming city with a growing rental market. Located in Ward County, Minot is the fourth largest city in the state and home to the Minot Air Force Base. With a population of just over 45,000 people, Minot has a relatively low median household income of $54,000, but the cost of living is still very affordable at an average of $122,000.
The rental market in Minot has been steadily increasing over the past few years. The average price of a one-bedroom apartment is around $700, with two-bedrooms going for around $850. For those looking for more space, three-bedroom apartments can be found for around $1,100 per month.
The best school districts in Minot are the Minot Public Schools, Central Campus, and Northland Community College. All three have high test scores and offer a variety of courses for students to choose from. For those looking to rent near schools, the neighborhoods of South Hill, South Broadway, and North Hill are the most desirable.
In terms of safety and crime, Minot is generally a safe place to live. The crime rate is slightly higher than the national average, but it is still
The average rental prices of apartments, townhouses, condos, lofts, and single family homes in Minot, ND are:
Apartments: $1,033
Townhouses: $1,289
Condos: $1,104
Lofts: $1,213
Single Family Homes: $1,235
Rental prices in Minot, ND have seen a steady increase over the last 5 years. According to Zillow, the median rent for a single-family home in Minot was $1,109 in 2016, $1,145 in 2017, $1,177 in 2018, $1,209 in 2019, and $1,252 in 2020.
1-Bedroom: $895
2-Bedroom: $1,100
3-Bedroom: $1,350
School districts in Minot, ND are generally comparable to the rest of the United States in terms of student performance and spending. According to the most recent data available from the U.S. Department of Education, Minot Public Schools have an average of 22% of students scoring above proficient in both math and reading/language arts on state standardized tests. This is slightly higher than the national average of 19%. In terms of spending, Minot Public Schools spend an average of $10,573 per student, which is slightly lower than the national average of $12,616 per student.
1. Downtown Minot
2. South Hill
3. Oak Park
4. North Hill
5. Souris Valley Estates
1. South Hill
2. Burlington Heights
3. North Hill
4. Oak Park
5. Green Valley