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Rental Market Trends in Watford City, ND

What is the average rent in Watford City, ND?

$1,093/month

Average Rent

747 Sq Ft

Average Apartment Size

-2.1%

Decrease in the Last Year

Watford City, ND Rental Market Overview

The average rent in Watford City, ND is $1,093 per month. This is 34% lower than the national average rent of $1,645/month, making renting in Watford City more affordable than most cities in the US.

  • Studio apartments in Watford City average $807 per month.
  • One-bedroom apartments in Watford City average $1,093 per month.
  • Two-bedroom apartments in Watford City average $1,280 per month.
  • Three-bedroom apartments in Watford City average $1,626 or more per month.

Data Updated: June 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$807/month
422 Sq Ft
One Bedroom
$1,093/month
747 Sq Ft
Two Bedroom
$1,280/month
1,003 Sq Ft
Three Bedroom
$1,626/month
1,290 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 Watford City, ND?

In the past year, rent has decreased by 2.1%, which averages out to $23 less 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
Market Trends Over Time
Rent Ranges in Watford City, ND
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Watford City, ND
Percentage*
Rent Range
4% Below $700/month
8% $700 - $1,000/month
69% $1,001 - $1,500/month
15% $1,501 - $2,000/month
4% Above $2,000/month

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

Because the average rent in Watford City is $1,093, you’ll want to make about $3,643 per month or $43,716 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

Watford City, ND

147 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Watford City, 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.

Explore the Area Guide for Watford City, ND

Apartment Averages

Apartment Communities in Watford City We Think You'll Love

Plantation at Hunters Run

Plantation at Hunters Run

3410 5th Ave,
Watford City, ND 58854

1-3 Beds | $1,050 - $1,700

Boulder Ridge

Boulder Ridge

906 Park Ave W,
Watford City, ND 58854

1-3 Beds | $1,170 - $1,720

Brookledge Apartments

Brookledge Apartments

209 Prairie Hills Dr,
Watford City, ND 58854

Studio - 3 Beds | $1,050 - $1,500

Bakken Ridge Apartments

Bakken Ridge Apartments

210 11th Ave NE,
Watford City, ND 58854

1-3 Beds | $975 - $1,550

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Frequently Asked Questions

What is the average rent in Watford City?

The average rent in Watford City is $1,093 per month, which is 33.6% lower than the national average of $1,645.

Are rents going up or down in Watford City?

Rents in Watford City, ND are decreasing, with prices down 2.1% year-over-year and $23 less per month.

What rent range is most common in Watford City?

In Watford City, ND, 69% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States North Dakota Watford City 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity