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Rental Market Trends in Horace, ND

Updated August 2026

The average rent in Horace, ND is $1,285/month.

Rent in Horace is 23% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,285/month

Average Rent

770 Sq Ft

Average Size

+6.3%

Change / Year

15

Available Apartments

Horace rent varies by unit size and layout:

  • Studio apartments in Horace average per month.
  • One-bedroom apartments in Horace average $1,285 per month.
  • Two-bedroom apartments in Horace average $1,326 per month.
  • Three-bedroom apartments in Horace average $1,803 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,285/month
770 Sq Ft
Two Bedroom
$1,326/month
1,043 Sq Ft
Three Bedroom
$1,803/month
1,958 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,242/month
1,838 Sq Ft
View Horace Apartments

How much has average rent changed in Horace, ND?

In the past year, rent has increased by 6.3%, which averages out to $81 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Horace, ND

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Horace, ND
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Horace, ND?

Because the average rent in Horace is $1,285, you’ll want to make about $4,283 per month or $51,396 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.

City

Horace, ND

15 Available Apartments for Rent

Search for Nearby Apartments

How does Horace, ND compare to other nearby cities and neighborhoods?

Use the tool below to compare Horace, 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.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • West Fargo

    West Fargo

    Avg Rent: $993/month

  • Fargo

    Fargo

    Avg Rent: $957/month

  • Moorhead

    Moorhead

    Avg Rent: $873/month

  • Dilworth

    Dilworth

    Avg Rent: $922/month

Apartment Communities in Horace We Think You'll Love

Carlson Place Apartments

Carlson Place Apartments

7994 Jacks Way,
Horace, ND 58047

1 Bed | $1,095 - $1,599

6653 Thomas St

6653 Thomas St

6653 Thomas St,
Horace, ND 58047

3 Beds | $2,195

745 1st Ave N

745 1st Ave N

745 1st Ave N,
Horace, ND 58047

4 Beds | $2,325

831 United Dr

831 United Dr

831 United Dr,
Horace, ND 58047

3 Beds | $2,375

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Frequently Asked Questions

What is the average rent in Horace?

The average rent in Horace is $1,285 per month, which is 22.7% lower than the national average of $1,663.

What is the average rent for a house in Horace?

The average rent for a house in Horace, ND is $2,242 per month.

Are rents going up or down in Horace?

Rents in Horace, ND are increasing, with prices up 6.3% year-over-year and $81 more per month.

What rent range is most common in Horace?

In Horace, ND, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States North Dakota Horace Rental Trends

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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity