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Highest gross rent yields in North Dakota

Logan County leads North Dakota at 9.86% gross rent yield, on a median rent of $838 and a median home value of $102,000. Census median rent relative to Census median home value, ranked for long-term landlords.

Highest county yield
9.86%
Logan County
Median gross rent
$838
ACS B25064
Median home value
$102,000
ACS B25077
State yield
4.58%
State median rent and value

Counties ranked by gross rent yield

1Logan County$838$170$102,000$18,5399.86%
2Grant County$675$92$93,200$21,4578.69%
3McIntosh County$608$80$84,200$8,6308.67%
4Hettinger County$785$70$117,300$19,0138.03%
5Divide County$1,105$237$167,600$57,3817.91%
6LaMoure County$766$230$117,200$6,0647.84%
7Benson County$588$85$90,000$18,0667.84%
8Cavalier County$786$245$125,800$15,7117.50%
9Pierce County$850$20$147,300$19,7926.92%
10Pembina County$684$58$119,200$6,2046.89%
11Wells County$648$71$114,500$10,6616.79%
12Steele County$738$192$130,700$43,1956.78%
13Walsh County$748$134$132,700$14,5126.76%
14Towner County$757$66$134,800$17,8796.74%
15Kidder County$853$239$156,600$12,8816.54%
16Adams County$594$124$113,200$8,6126.30%
17Sioux County$444$55$85,400$11,8266.24%
18Mercer County$1,031$210$198,500$16,7926.23%
19Dickey County$840$147$162,400$10,5626.21%
20Golden Valley County$638$370$123,900$20,2776.18%
21Sargent County$816$45$163,200$19,5296.00%
22Renville County$828$185$166,000$20,7295.99%
23Rolette County$505$93$103,800$15,1845.84%
24Emmons County$568$76$117,200$12,2075.82%
25Griggs County$573$116$119,300$14,7825.76%
26Eddy County$590$61$124,000$39,9275.71%
27McHenry County$713$164$151,000$15,9565.67%
28Foster County$780$70$167,500$27,4755.59%
29Bowman County$765$65$164,900$11,9275.57%
30Barnes County$779$80$173,700$18,2035.38%
31Burke County$684$19$158,100$45,7395.19%
32Nelson County$582$71$139,700$19,9635.00%
33Bottineau County$796$76$193,200$31,1344.94%
34Mountrail County$950$132$232,700$21,6144.90%
35Morton County$1,076$71$263,900$11,9294.89%
36Richland County$740$65$183,600$10,9354.84%
37Williams County$1,123$56$284,800$24,0044.73%
38Grand Forks County$992$35$252,700$8,2234.71%
39Ward County$1,048$36$267,100$9,9954.71%
40Stutsman County$774$49$208,400$13,5244.46%
41McKenzie County$1,284$81$349,600$29,5144.41%
42Ramsey County$714$28$199,300$17,9184.30%
43Ransom County$691$119$193,000$19,0794.30%
44Traill County$717$78$200,700$15,2314.29%
45Stark County$960$46$271,700$9,0554.24%
46Oliver County$756$70$215,700$30,8704.21%
47McLean County$784$51$227,100$15,5894.14%
48Sheridan County$373$41$110,300$5,7534.06%
49Dunn County$922$71$275,000$55,0204.02%
50Cass County$958$17$298,000$7,0123.86%
51Slope County$525$336$170,000$98,1913.71%
52Burleigh County$998$39$324,000$7,4403.70%
53Billings County$621$110$331,000$54,8882.25%

Method

Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.

Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.

Frequently asked questions

What is the highest gross rent yield in North Dakota?

Logan County at 9.86%. Median gross rent is $838 (margin of error $170). Median home value is $102,000 (margin of error $18,539).

What is the lowest gross rent yield in North Dakota?

Billings County at 2.25%. Median gross rent is $621 (margin of error $110). Median home value is $331,000 (margin of error $54,888).

What is the state-level gross rent yield in North Dakota?

4.58%. Median gross rent is $954 (margin of error $11). Median home value is $249,900 (margin of error $2,909).