Minot is the 4th-largest city in North Dakota that we track, with 47,791 residents. Rent is lower than in 77% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are short, about 19.7 minutes.
How much money do I need?
To rent here comfortably, you should earn about $47,480 a year. That is $23 an hour at a full-time job.
Is rent cheaper than other North Dakota cities?
No. Rent here is more expensive than in most of North Dakota. It is number 9 of 13 cities from cheapest to most expensive.
How much do households earn in Minot?
Share of households by yearly income. 25.7% of households earn $100,000 or more.
Rent by apartment size in Minot
| Size | Minot | U.S. average |
|---|---|---|
| Studio | $712 | $1,338 |
| 1 bedroom | $771 | $1,324 |
| 2 bedrooms | $1,046 | $1,509 |
| 3 bedrooms | $1,501 | $1,698 |
| 4 bedrooms | $1,514 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Minot overall?
Everyday prices in the Minot metro area are 13% below the U.S. average (index 87.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Minot
Life in Minot
What jobs pay in Minot
| Job | Median pay | Rent / pay |
|---|---|---|
| Physician Assistant | $134,090 | 10.6% |
| Nurse Practitioner | $130,820 | 10.9% |
| Lawyer | $114,180 | 12.5% |
| Software Developer | $108,470 | 13.1% |
| Civil Engineer | $99,460 | 14.3% |
| Operations Manager | $93,120 | 15.3% |
| Dental Hygienist | $89,800 | 15.9% |
| Registered Nurse | $80,490 | 17.7% |
| Accountant | $73,510 | 19.4% |
| HVAC Technician | $63,950 | 22.3% |
| Plumber | $62,400 | 22.8% |
| Elementary School Teacher | $61,350 | 23.2% |
| Market Research Analyst | $61,310 | 23.2% |
| Licensed Practical Nurse | $61,110 | 23.3% |
| Truck Driver | $61,030 | 23.3% |
| Police Officer | $60,210 | 23.7% |
| Electrician | $59,800 | 23.8% |
| Carpenter | $58,950 | 24.2% |
| Firefighter | $49,060 | 29.0% |
| Warehouse Worker | $44,560 | 32.0% |
| Customer Service Representative | $44,560 | 32.0% |
| Medical Assistant | $43,370 | 32.8% |
| Nursing Assistant | $36,500 | 39.0% |
| Restaurant Cook | $36,390 | 39.1% |
| Retail Salesperson | $35,290 | 40.4% |
| Server (Waiter/Waitress) | $30,930 | 46.1% |
| Cashier | $30,570 | 46.6% |
Is it cheaper to rent or buy in Minot?
Renting is cheaper right now: about $597 a month less.
Owning assumes a typical $257,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,710 for the down payment.
Frequently asked questions
What is the average rent in Minot, ND?
Renting in Minot costs a median of about $1,187 a month in 2026, including utilities. The North Dakota median is $1,115.
How much do I need to make to live in Minot?
To keep rent under 30% of income, you need about $47,480 a year, or $23 an hour at a full-time job.
Is Minot cheap or expensive?
Minot is rated Cheap: rent takes 18.0% of the typical household income of $78,967. It ranks 9th cheapest of 13 North Dakota cities we track.
How much are property taxes in Minot?
The median homeowner in Minot pays $3,054 a year in property taxes, about 1.19% of the median home value.
Is Minot more expensive than the national average?
Overall prices in the metro area are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Minot?
The median home value in Minot is $257,100, about 3.3 times the typical yearly household income.
47,791 people live in Minot. Numbers are typical (middle) values.