Rental numbers for Ward County, ND
The typical home here runs -$1,053 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.4%.
- Gross yield
- 5.3%
- typical home, Zillow
- Median ZIP yield
- 5.4%
- 2 ZIPs with full data
- Cash flow
- -$1,053/mo
- at 7.78%, 25% down
- Typical price
- $283,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,261/mo
- Zillow ZORI, Aug 2026
ZIP codes in Ward County
8 with published figures
| 58759Max | $178,000 | $1,010* | 6.8% | 3.2% | -$481 | n/a |
| 58740Minot AFB | $245,000 | $1,180* | 5.8% | 2.5% | -$804 | n/a |
| 58703Minot | $271,000 | $1,237 | 5.5% | 2.0% | -$1,015 | +6.1% |
| 58701Minot | $290,000 | $1,270 | 5.3% | 1.9% | -$1,094 | +6.7% |
| 58785Surrey | $344,000 | $1,410* | 4.9% | 1.9% | -$1,318 | n/a |
| 58746Kenmare | $252,000 | $940* | 4.5% | 1.4% | -$1,067 | n/a |
| 58722Burlington | $306,000 | $1,120* | 4.4% | 1.3% | -$1,313 | n/a |
| 58718Berthold | $334,000 | $1,040* | 3.7% | 1.0% | -$1,529 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.5%
- Rent, 12 months
- +6.3%
- Rent minus price growth
- +2.8 pts
- Property tax
- 1.07%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $221,923 | $951 |
| Aug 2022 | $237,132 | $995 |
| Aug 2023 | $257,627 | $1,076 |
| Aug 2024 | $263,615 | $1,110 |
| Aug 2025 | $273,526 | $1,186 |
| Aug 2026 | $283,144 | $1,261 |
HUD Fair Market Rent
FY2027, Ward County, ND HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $726 | $864 | $1,049 | $1,458 | $1,759 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 5.8
- 165 units, last 12 months
- National percentile
- 52th
- among US counties
Tools
Questions
- Is Ward County good for rental property?
- The typical home here runs -$1,053 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.4%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Ward County?
- About 1.07% of value, from Census ACS median taxes paid over median home value. On a $283,000 home that is about $3,030 a year.
- What is Fair Market Rent in Ward County?
- HUD's FY2027 Fair Market Rent here is $864 for a 1-bedroom, $1,049 for a 2-bedroom and $1,458 for a 3-bedroom. Typical cash flow at today's rate is -$1,053 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.