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Apartments for Rent in Minot ND

253 Rentals

Minot, ND Apartments for Rent

Located in north-central North Dakota, Minot welcomes residents with its small-city charm and community spirit. Known as the "Magic City," this city of approximately 48,000 residents offers rental options throughout its diverse neighborhoods, from downtown apartments to residential communities. Current rental trends show steady growth, with average rents ranging from $625 for studios to $1,657 for four-bedroom homes, reflecting a healthy annual increase of around 5%. The North Hill and South Hill areas provide sweeping views of the Souris River Valley.

Minot's community life revolves around outdoor spaces and cultural attractions. Roosevelt Park and Zoo offer recreation opportunities throughout the seasons, while the Scandinavian Heritage Park showcases the area's Nordic heritage. Minot State University enhances the city's educational opportunities, and Minot Air Force Base, situated 13 miles north, contributes to the area's economic stability. Downtown Minot preserves its historic architecture while hosting community events throughout the year, including the Norsk Høstfest, North America's largest Scandinavian festival. The city earned its memorable nickname in 1886 during the Great Northern Railway's construction, when the population grew to over 5,000 residents in just five months.

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Minot, ND Rental Insights

The average rent in Minot, ND is $971 per month. By comparison, renters across the U.S. pay an average of $1,631, which means housing in Minot, ND is slightly less expensive than much of the country.

The cost of living in Minot, ND is 10.6% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.

To live comfortably in Minot, ND as a single adult with no dependents, aim for a salary of at least $65,000 before taxes. Expect to spend about $7,728/year for groceries, $12,588 for goods and services, and $18,684/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.

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