North Highlands Apartments and Villas
1220-1250 27th Ave NW,
Minot, ND 58703
1-3 Beds | $1,394 - $2,217
Rental Market Trends in Minot, ND
Updated July 2026
The average rent in Minot, ND is $1,000/month.
Rent in Minot is 40% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,000/month
Average Rent
737 Sq Ft
Average Size
+4.2%
Change / Year
239
Available Apartments
Minot rent varies by unit size and layout:
- Studio apartments in Minot average $663 per month.
- One-bedroom apartments in Minot average $1,000 per month.
- Two-bedroom apartments in Minot average $1,106 per month.
- Three-bedroom apartments in Minot average $1,489 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Minot, ND?
In the past year, rent has increased by 4.2%, which averages out to $43 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Minot, ND
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
38%
$700 - $1,000/month
40%
$1,001 - $1,500/month
2%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Minot?
Based on current rent prices, Souris Valley and Northeast Minot" are the most affordable neighborhoods in Minot.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Minot?
Based on current rent prices, Northeast Minot and Souris Valley" are the most expensive neighborhoods in Minot.
Neighborhood
Average Rent
Average Sq Ft
Which Minot neighborhoods have the most rentals available?
The neighborhoods in Minot with the most apartments available are Souris Valley and Northeast Minot" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Minot, ND?
Because the average rent in Minot is $1,000, you’ll want to make about $3,333 per month or $39,996 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 Minot, ND is 10.0% lower than the national average. Generally, housing in Minot is 25.9% less expensive than the national average, with rent falling between $663 - $1,489. You can expect to pay 8.5% less for groceries, 17.5% less for utilities, and 2.4% more for transportation.
How does Minot, ND compare to other nearby cities and neighborhoods?
Use the tool below to compare Minot, 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.
View the Minot Area GuideStudio
$1,009/month
-
One Bedroom
$1,081/month
$1,127/month
Two Bedroom
$1,156/month
$1,197/month
Three Bedroom
$1,593/month
$1,666/month
Apartment Communities in Minot We Think You'll Love
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Frequently Asked Questions
What is the average rent in Minot?
The average rent in Minot is $1,000 per month, which is 39.9% lower than the national average of $1,663.
Are rents going up or down in Minot?
Rents in Minot, ND are increasing, with prices up 4.2% year-over-year and $43 more per month.
What rent range is most common in Minot?
In Minot, ND, 40% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.