Rentometer, Inc. | Data as of 10/22/2025
Minot’s rental market blends affordability with a variety of housing choices, making it an appealing destination for students, professionals, and families alike. Apartment options range from efficient studios—often seeing median rents near the $950 mark—to spacious three‑bedroom units that typically sit in the $1,400 range. For those who prefer the privacy of a house, studio‑style homes command median rents around $1,700, while three‑ and four‑plus bedroom homes provide room for larger households at median levels near $1,700 and $2,000 respectively.
The city’s neighborhoods each offer distinct lifestyle benefits. Downtown Minot features historic brick buildings and easy access to the vibrant Main Street Arts District, perfect for renters seeking a walkable community with cafés, galleries, and the iconic Soo Line Building. West Minot and the Oak Park area attract families with tree‑lined streets, parks, and proximity to quality schools, while the Minot Air Force Base vicinity provides convenient commuting options for military personnel and civilian staff. Across town, the Riverside district offers scenic views of the Souris River and a growing selection of modern apartments.
Beyond housing, Minot boasts a welcoming atmosphere supported by cultural attractions such as the North Dakota Heritage Center, the historic Soo Cultural Center, and annual events like the Hot Air Balloon Festival. Easy access to outdoor recreation at sites like Oak Park and the Dakota Square Mall’s shopping amenities further enhance the quality of life for renters. Whether searching for a budget‑friendly studio or a spacious family home, Minot’s diverse rental landscape and community amenities make it a compelling place to call home.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $764 | $951 | $400 - $1,005 | $505 - $960 |
Apartment | 1 Bedroom | $1,029 | $1,065 | $550 - $1,474 | $936 - $1,175 |
Apartment | 2 Bedroom | $1,105 | $1,120 | $532 - $1,795 | $950 - $1,228 |
Apartment | 3 Bedroom | $1,405 | $1,345 | $795 - $1,955 | $1,260 - $1,595 |
House | Studio | $1,437 | $1,701 | $615 - $1,995 | $615 - $1,995 |
House | 1 Bedroom | $795 | $785 | $495 - $1,175 | $525 - $1,010 |
House | 2 Bedroom | $1,100 | $1,105 | $645 - $1,595 | $865 - $1,295 |
House | 3 Bedroom | $1,702 | $1,697 | $1,045 - $2,455 | $1,545 - $1,895 |
House | 4+ Bedroom | $2,072 | $1,997 | $1,365 - $2,700 | $1,850 - $2,295 |
In the current period, the average rent in Minot was $1,017 for Studio, $995 for 1 Bedroom, $1,104 for 2 Bedroom, $1,583 for 3 Bedroom, and $1,985 for 4+ Bedroom.
Data provided by Rentometer, Inc.