Property Prices in Grand Forks, ND, United States

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Index Info
Price to Income Ratio: 1.36
Mortgage as Percentage of Income: 12.09%
Loan Affordability Index: 8.27
Price to Rent Ratio - City Centre: 6.81
Price to Rent Ratio - Outside of Centre: 8.68
Gross Rental Yield (City Centre): 14.69%
Gross Rental Yield (Outside of Centre): 11.53%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,000.00 $
1 Bedroom Apartment Outside of City Centre 800.00 $
3 Bedroom Apartment in City Centre 1,700.00 $
3 Bedroom Apartment Outside of City Centre 1,300.00 $
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 134.52 $ 132.01-137.03
Price per Square Feet to Buy Apartment Outside of Centre 134.52 $ 132.01-137.03
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,336.50 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.45 6.19-6.70

These data are based on 12 entries from 2 contributors over the past 18 months.
Last update: 7 October 2025

Sources and References
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