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Grand Forks, ND · 58208

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are mixed. Median household income $68K, −0.5% YoY (county); renters hold 48.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

31,295

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 33,891

34Kunits

Occupied31,29592.3%

Vacant2,5967.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 31,295

31Koccupied

Owner16,20551.8%

Renter15,09048.2%

Renter Share

48.2%+0.6% YoY

Total Housing Units

33,891+0.5% YoY

FY2026 Fair Market Rent

CountyGrand Forks County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$863

/month

1 BR

$868

/month

2 BR

$1,089

/month

3 BR

$1,515

/month

4 BR

$1,827

/month

FMR trends · Grand Forks County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.2% to 72,923: residents under 18 are down 0.1% and those 65 and over are up 1.9%.

Median Age

30.92024

Population

Grand Forks County Population

73,771+0.8% YoY

Households

Total Households

31,295+0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.18-0.9% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 72,923

73Kresidents

Under 1815,44321.2%

Adults 18–6447,08964.6%

65 & Over10,39114.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

15,443-0.1% YoY

Population 65 & Over

10,391+1.9% YoY

Median Age

30.90+1.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house77.3%

Moved (within US)21.0%

Other1.7%

Veterans

7.6%-2.6% YoY

County Economy

County median household income is $68K, 13.2% of residents are below the poverty level, 6.5% work from home.

Income

Median Household Income

$68K-0.5% YoY

Per-Capita Income

$40K+1.9% YoY

Mean Household Income

$93K+0.9% YoY

Poverty

Below Poverty Level

13.2%-5.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone78.1%

Public transit1.1%

Worked from home6.5%

Other14.3%

Worked From Home

6.5%+18.2% YoY

Mean Commute

15.80-0.6% YoY

Done with 58208? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Grand Forks, ND · 58208

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are mixed. Median household income $68K, −0.5% YoY (county); renters hold 48.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

31,295

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 33,891

34Kunits

Occupied31,29592.3%

Vacant2,5967.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 31,295

31Koccupied

Owner16,20551.8%

Renter15,09048.2%

Renter Share

48.2%+0.6% YoY

Total Housing Units

33,891+0.5% YoY

FY2026 Fair Market Rent

CountyGrand Forks County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$863

/month

1 BR

$868

/month

2 BR

$1,089

/month

3 BR

$1,515

/month

4 BR

$1,827

/month

FMR trends · Grand Forks County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.2% to 72,923: residents under 18 are down 0.1% and those 65 and over are up 1.9%.

Median Age

30.92024

Population

Grand Forks County Population

73,771+0.8% YoY

Households

Total Households

31,295+0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.18-0.9% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 72,923

73Kresidents

Under 1815,44321.2%

Adults 18–6447,08964.6%

65 & Over10,39114.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

15,443-0.1% YoY

Population 65 & Over

10,391+1.9% YoY

Median Age

30.90+1.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house77.3%

Moved (within US)21.0%

Other1.7%

Veterans

7.6%-2.6% YoY

County Economy

County median household income is $68K, 13.2% of residents are below the poverty level, 6.5% work from home.

Income

Median Household Income

$68K-0.5% YoY

Per-Capita Income

$40K+1.9% YoY

Mean Household Income

$93K+0.9% YoY

Poverty

Below Poverty Level

13.2%-5.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone78.1%

Public transit1.1%

Worked from home6.5%

Other14.3%

Worked From Home

6.5%+18.2% YoY

Mean Commute

15.80-0.6% YoY

Done with 58208? Put it next to another market.