Minot

Ice fishing on Lake Audubon
Historic Soo Line steam locomotive on outdoor display in snowy Minot, ND
The Minot water tower

Minot, ND Area Guide

Avg Rent

$986

Population

40,284

Renter Mix

46% Rent

A growing city in north-central North Dakota

Military-Friendly Historic Suburban Peaceful Welcoming College Town

Located in north-central North Dakota, Minot welcomes residents with its small-city charm and community spirit. Known as the "Magic City," this city of approximately 48,000 residents offers rental options throughout its diverse neighborhoods, from downtown apartments to residential communities. Current rental trends show steady growth, with average rents ranging from $625 for studios to $1,657 for four-bedroom homes, reflecting a healthy annual increase of around 5%. The North Hill and South Hill areas provide sweeping views of the Souris River Valley.

Minot's community life revolves around outdoor spaces and cultural attractions. Roosevelt Park and Zoo offer recreation opportunities throughout the seasons, while the Scandinavian Heritage Park showcases the area's Nordic heritage. Minot State University enhances the city's educational opportunities, and Minot Air Force Base, situated 13 miles north, contributes to the area's economic stability. Downtown Minot preserves its historic architecture while hosting community events throughout the year, including the Norsk Høstfest, North America's largest Scandinavian festival. The city earned its memorable nickname in 1886 during the Great Northern Railway's construction, when the population grew to over 5,000 residents in just five months.

Explore the City

Ice fishing on Lake Audubon

Historic Soo Line steam locomotive on outdoor display in snowy Minot, ND

The Minot water tower

Demographics

Median Household Income

$68,021

Average: $82,084

Education

10,296

Residents Have a Degree

Job Market

21,582

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

36 Years

Largest Age Group

25-34 Years

Approximately 16% of Residents

Under 20

25%

Over 65

17%

Housing Distribution

Minot has more homeowners than renters.

Renters
46%
Non-Renters
54%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
21%
Other Education
79%

Rent Trends

As of May 2026, the average apartment rent in Minot, ND is $648 for a studio, $986 for one bedroom, $1,089 for two bedrooms, and $1,451 for three bedrooms. Apartment rent in Minot has increased by 4.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$986/month
737 Sq Ft
House
$1,430/month
635 Sq Ft
See Rental Market Trends in Minot, ND

Cost of Living

The cost of living in Minot, ND is 10.2% lower than the national average. Generally, housing in Minot is 26.1% less expensive than the national average, with rent falling between $648 - $1,451. You can expect to pay 8.5% less for groceries, 17.1% less for utilities, and 2.2% more for transportation.

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Getting Around

Somewhat Walkable

Walkability

20 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Edison Elementary School

Public

Grades PK-5

461 Students

Longfellow Elementary School

Public

Grades PK-5

412 Students

Perkett Elementary School

Public

Grades PK-5

358 Students

Washington Elementary School

Public

Grades PK-5

299 Students

Bell Elementary School

Public

Grades K-5

92 Students

Jim Hill Middle School

Public

Grades 6-8

840 Students

Erik Ramstad Middle School

Public

Grades 6-8

689 Students

South Prairie Elementary School

Public

Grades PK-8

382 Students

Nedrose High School

Public

Grades 6-12

297 Students

Nedrose Elementary School 4-8

Public

Grades 4-8

210 Students

Central Campus School

Public

Grades 9-12

1,085 Students

Magic City Campus High School

Public

Grades 9-12

933 Students

Nedrose High School

Public

Grades 6-12

297 Students

South Prairie High School

Public

Grades 9-12

151 Students

Minot Public Schools 9-12 Virtual Academy

Public

Grades 9-12

32 Students

Points of Interest

Parks and Recreation

  • Roosevelt Park Zoo

Commuter Rail

Military Bases

Airports

  • Minot International

Top Apartments in Minot

Houses for Rent in Minot

Property Management Companies in Minot, ND

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.