Franklin on 4th
214 N 4th St,
Grand Forks, ND 58203
$1,000 - $2,345
Studio - 3 Beds
Rental Market Trends in Grand Forks, ND
What is the average rent in Grand Forks, ND?
$989/month
Average Rent
660 Sq Ft
Average Apartment Size
+3.3%
Increase in the Last Year
As of June 2026, the average rent in Grand Forks, ND is $989 per month. This is 40% lower than the national average rent of $1,644/month, making renting in Grand Forks more affordable than most cities in the US. When you rent an apartment in Grand Forks, you can expect to pay about $874 per month for a studio, $989 for a one-bedroom apartment, and around $1,237 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,543 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Grand Forks, ND?
In the past year, rent has increased by 3.3%, which averages out to $33 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in Grand Forks, ND
Last Updated June 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
34%
$700 - $1,000/month
33%
$1,001 - $1,500/month
15%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Grand Forks?
Based on current rent prices, Downtown Grand Forks is the most affordable neighborhood in Grand Forks.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Grand Forks?
Based on current rent prices, Downtown Grand Forks is the most expensive neighborhood in Grand Forks.
Neighborhood
Average Rent
Average Sq Ft
Which Grand Forks neighborhoods have the most rentals available?
The neighborhood in Grand Forks with the most apartments available is Downtown Grand Forks .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Grand Forks, ND?
Because the average rent in Grand Forks is $989, you’ll want to make about $3,296 per month or $39,552 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Grand Forks, ND is 9.6% lower than the national average. Generally, housing in Grand Forks is 13.0% less expensive than the national average, with rent falling between $874 - $1,543. You can expect to pay 7.5% less for groceries, 14.9% less for utilities, and 7.1% less for transportation.
How does Grand Forks, ND compare to other nearby cities and neighborhoods?
Use the tool below to compare Grand Forks, ND to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$863/month
$863/month
One Bedroom
$1,138/month
$1,138/month
Two Bedroom
$1,436/month
$1,436/month
Three Bedroom
$1,726/month
$1,726/month
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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 June 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.
* Percentages may not total 100 due to rounding.