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Rental Market Trends in Watford City, ND

Updated September 2026

The average rent in Watford City, ND is $1,056/month.

Rent in Watford City is 37% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,056/month

Average Rent

747 Sq Ft

Average Size

-5.6%

Change / Year

125

Available Apartments

Watford City rent varies by unit size and layout:

  • Studio apartments in Watford City average $756 per month.
  • One-bedroom apartments in Watford City average $1,056 per month.
  • Two-bedroom apartments in Watford City average $1,263 per month.
  • Three-bedroom apartments in Watford City average $1,627 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$756/month
395 Sq Ft
One Bedroom
$1,056/month
747 Sq Ft
Two Bedroom
$1,263/month
986 Sq Ft
Three Bedroom
$1,627/month
1,278 Sq Ft
View Watford City Apartments

How much has average rent changed in Watford City, ND?

In the past year, rent has decreased by 5.6%, which averages out to $59 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Watford City, ND

September 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
12% $700 - $1,000/month
65% $1,001 - $1,500/month
12% $1,501 - $2,000/month
8% Above $2,000/month

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

Because the average rent in Watford City is $1,056, you’ll want to make about $3,520 per month or $42,240 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

125 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.

View the Watford City Area Guide

Apartment Averages

Apartment Communities in Watford City We Think You'll Love

Emerald Apts 1521

Emerald Apts 1521

1521 Emerald Ridge Rd,
Watford City, ND 58854

Studio - 3 Beds | $1,075 - $1,675

Plantation at Hunters Run

Plantation at Hunters Run

3410 5th Ave,
Watford City, ND 58854

1-3 Beds | $1,015 - $1,770

Brookledge Apartments

Brookledge Apartments

209 Prairie Hills Dr,
Watford City, ND 58854

Studio - 3 Beds | $910 - $1,545

Boulder Ridge

Boulder Ridge

906 Park Ave W,
Watford City, ND 58854

1-2 Beds | $995 - $1,575

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Frequently Asked Questions

What is the average rent in Watford City?

The average rent in Watford City is $1,056 per month, which is 36.6% lower than the national average of $1,665.

Are rents going up or down in Watford City?

Rents in Watford City, ND are decreasing, with prices down 5.6% year-over-year and $59 less per month.

What rent range is most common in Watford City?

In Watford City, ND, 65% 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 September 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