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Market MapBismarck, ND
Metropolitan Area

Bismarck, ND

North Dakota0
57
/100
Hold
#591 of 894 metros
Top 66% nationally for investing

Market Snapshot

$340,962
Median Home Price
40% above national median
$1,305/mo
Median Rent
6% below national median
4.59%
Rent-to-Price Ratio
Top 83% nationally
-$939
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$340,962
Down Payment (20%)$68,192
Loan Amount$272,770
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,305
Monthly P&I-$1,787
Est. Expenses (35%)-$457
Net Cash Flow-$940/mo
3.0%
Cap Rate (all cash)
-14.4%
Cash-on-Cash Return
4.59%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.0% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
57/100
57
Cash Flow(30%)
39/100

Based on 4.59% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
86/100

Based on 5.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
57/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Strong price appreciation (+5.0% YoY)
  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (4.59%)
  • -Negative cash flow at typical financing (-$939/mo)
  • -Negative leverage (cap rate 3.0% < mortgage rate 6.9%)

Counties in Bismarck, ND

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Muncie, IN
Muncie, IN
77$160,460$1,0718.01%Strong BuyView
Binghamton, NY
Binghamton, NY
77$187,872$1,3958.91%Strong BuyView
Pottsville, PA
Pottsville, PA
77$155,836$1,1458.82%Strong BuyView
Wheeling, WV
Wheeling, WV
77$136,692$8927.83%Strong BuyView
Lima, OH
Lima, OH
77$182,758$1,2198.00%Strong BuyView
Current
Bismarck, ND
57$340,962$1,3054.59%Hold

The Bottom Line

HoldBismarck, ND is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Bismarck, ND metro area scores 57/100, ranking #591 of 894 US metros (top 66%). The 4.59% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-939/mo
Cap Rate
3.0%
Cash-on-Cash
-16.5%

Ready to Invest in Bismarck, ND?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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