Grand Forks, North Dakota Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Grand Forks, North Dakota rental market.
Grand Forks, North Dakota
Average Apartment Rent
$1,311
Y-o-Y Change in Average
Apartment Rent
6.6%
As of May 2026
Compared to a year ago, Grand Forks, North Dakota apartments have recorded a 6.6% rent increase.
Grand Forks, North Dakota Average apartment rent trend
Grand Forks, North Dakota Average Apartment Rent
Grand Forks, North Dakota Apartment rent ranges
At 44.62%, apartments priced $1,000 - $1,500 represent the bulk of Grand Forks, North Dakota rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.45%.
Grand Forks, North Dakota Housing tenure**
Renters take up 54% of Grand Forks, North Dakota real estate, occupying a total of 13,875 units, while homeowners live in 11,612 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$40,298
Average household size of renter-occupied housing units**
1.9
Rental vacancy rate**
7.2%
Grand Forks, North Dakota Renter-occupied housing units by no. of bedrooms**
There are 5,705 rentals in Grand Forks, North Dakota with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 217 units. Overall, the median number of rooms in Grand Forks, North Dakota homes for rent is 3.8.
Grand Forks, North Dakota Renter-occupied units by age of householder**
Most condos for rent in Grand Forks, North Dakota are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 15 - 24 years age group (29%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Grand Forks, North Dakota Renter-occupied housing units by family type**
Grand Forks, North Dakota Renter-occupied housing units by the presence of own children**
A total of 3,993 apartments for rent in Grand Forks, North Dakota, or 29% of all rentals are family households. Additionally, 19% of rental homes include children under the age of 18 – that’s 2,625 units. All in all, the median size of a renter-occupied household in Grand Forks, North Dakota is 1.9.
Grand Forks, North Dakota Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Grand Forks, North Dakota.
Grand Forks, North Dakota Renter-occupied units by year structure built**
The highest share of Grand Forks, North Dakota apartment rentals, namely 22% or 3,020 units, were Built 2010 - 2019, followed by those Built 1970 - 1979 (17%, 2,296 units), and the ones Built 1980 - 1989 (15%, 2,054 units).
Grand Forks, North Dakota Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Grand Forks, North Dakota renters (43%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Grand Forks, North Dakota condos for rent is 2019.
Grand Forks, North Dakota Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Grand Forks, North Dakota renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 11% have No vehicle available.
Grand Forks, North Dakota Means of transportation to work of householders living in renter-occupied housing units**
Grand Forks, North Dakota Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Grand Forks, North Dakota apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
