Grand Forks County North Dakota Residential Rent and Rental Statistics
The median monthly gross residential rent in Grand Forks County ND was $828 in 2019 according to the Census ACS survey.1 Average gross rent in Grand Forks County was $855 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Grand Forks County median and average rent data will be released in September of 2021.
Data is also available below for Grand Forks County rental vacancy rates, Grand Forks County rent as a percent of median income and the fraction of renters in Grand Forks County.
Real Gross Rent in Grand Forks County North Dakota (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| North Dakota Median Gross Rent | $804 | -2.31% | -1.11% |
| Grand Forks County ND Median Gross Rent | $828 | -2.59% | +2.22% |
Grand Forks County ND Real Gross Rent Trends
Median gross rent for Grand Forks County peaked in real terms in 2015 at $885 and is now $57 (6.44%) lower. Average gross rent for Grand Forks County peaked in real terms in 2018 at $898 and is now $43 (4.79%) lower.
Real Gross Rent: Grand Forks County ND Median, Grand Forks County ND Average, North Dakota Median, US Median
Real Gross Rent History for Grand Forks County
| Date | US Median |
North Dakota Median |
Grand Forks County ND Median |
Grand Forks County ND Average |
|---|---|---|---|---|
| 2019 | $1,097 | $804 | $828 | $855 |
| 2018 | $1,077 | $823 | $850 | $898 |
| 2017 | $1,043 | $809 | $771 | $822 |
| 2016 | $1,027 | $813 | $810 | $848 |
| 2015 | $1,017 | $822 | $885 | $886 |
| 2014 | $986 | $769 | $846 | $874 |
| 2013 | $953 | $727 | $780 | $785 |
| 2012 | $940 | $685 | $708 | $731 |
| 2011 | $941 | $676 | $711 | $683 |
| 2010 | $955 | $651 | $705 | $716 |
| 2009 | $960 | $643 | $716 | $734 |
| 2007 | $927 | $606 | $739 | $718 |
| 2005 | $910 | $599 | $683 | $661 |
Grand Forks County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Grand Forks County North Dakota was 3.34% according to Census ACS data.
Rental Vacancy Rate in Grand Forks County North Dakota
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| North Dakota | 8.04% | -2.71% | -1.63% |
| Grand Forks County ND | — | — | — |
Trends in Grand Forks County ND Rental Vacancy Rate
The rental vacancy rate in Grand Forks County peaked in 2010 at 8.04%. Since then it has fallen by 4.70% to 3.34%. Data records for this series originated in 2005.
Rental Vacancy Rate: Grand Forks County ND, North Dakota, US
Historical Rental Vacancy Rate data for Grand Forks County
| Date | US | North Dakota | Grand Forks County ND |
|---|---|---|---|
| 2019 | 5.97% | 8.04% | — |
| 2018 | 6.15% | 10.75% | — |
| 2017 | 6.18% | 12.49% | 3.34% |
| 2016 | 5.89% | 9.67% | — |
| 2015 | 5.85% | 7.41% | 4.70% |
| 2014 | 6.32% | 6.42% | — |
| 2013 | 6.49% | 6.35% | — |
| 2012 | 6.77% | 5.31% | — |
| 2011 | 7.40% | 4.53% | — |
| 2010 | 8.17% | 6.39% | 8.04% |
| 2009 | 8.43% | 7.59% | — |
| 2007 | 7.87% | 7.41% | — |
| 2005 | 7.74% | 7.11% | — |
Rent as a Fraction of Income
Using median household income data for Grand Forks County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Grand Forks County, median monthly gross rent as a fraction of median household income was 17.55% in 2019 according to the ACS.
Grand Forks County North Dakota Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| North Dakota | 14.94% | -0.25% | -0.41% |
| Grand Forks County ND | 17.55% | -1.41% | -1.03% |
Trends in Grand Forks County ND Rent as a Fraction of Income
The fraction of median Grand Forks County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 19.52%. Since then it has fallen by 1.97% to 17.55%.
Fraction of Income towards Rent: Grand Forks County ND, North Dakota, US
Historical Data for Annual Rent as a Fraction of Income in Grand Forks County North Dakota
| Date | US | North Dakota | Grand Forks County ND |
|---|---|---|---|
| 2019 | 20.03% | 14.94% | 17.55% |
| 2018 | 20.50% | 15.19% | 18.96% |
| 2017 | 20.13% | 15.23% | 18.90% |
| 2016 | 20.43% | 15.35% | 18.57% |
| 2015 | 20.63% | 15.36% | 19.52% |
| 2014 | 20.89% | 14.80% | 19.41% |
| 2013 | 20.78% | 14.85% | 18.06% |
| 2012 | 20.65% | 14.42% | 18.95% |
| 2011 | 20.70% | 14.53% | 17.98% |
| 2010 | 20.50% | 14.37% | 17.64% |
| 2009 | 20.12% | 14.15% | 17.99% |
| 2007 | 18.66% | 14.15% | 17.77% |
| 2005 | 18.89% | 14.01% | 15.56% |
Renter Fraction in Grand Forks County North Dakota
You can calculate the renter fraction in Grand Forks County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Grand Forks County as a fraction of total Grand Forks County households. In 2019 52.31% of households were renters according to Census ACS data.
Grand Forks County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| North Dakota | 38.67% | +1.13% | +1.88% |
| Grand Forks County ND | 52.31% | +0.72% | +2.67% |
Trends in the Grand Forks County ND Renter Fraction
The Grand Forks County household renter fraction peaked in in 2017 at 54.12% and is now 1.81% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Grand Forks County ND, North Dakota, US
History of Grand Forks County Renter Fraction
| Date | US | North Dakota | Grand Forks County ND |
|---|---|---|---|
| 2019 | 35.89% | 38.67% | 52.31% |
| 2018 | 36.05% | 37.54% | 51.59% |
| 2017 | 36.13% | 36.59% | 54.12% |
| 2016 | 36.88% | 36.79% | 49.64% |
| 2015 | 36.97% | 38.32% | 53.57% |
| 2014 | 36.90% | 36.16% | 48.58% |
| 2013 | 36.50% | 35.17% | 49.91% |
| 2012 | 36.09% | 34.97% | 49.56% |
| 2011 | 35.42% | 34.29% | 48.49% |
| 2010 | 34.65% | 33.07% | 45.53% |
| 2009 | 34.13% | 34.00% | 49.71% |
| 2007 | 32.80% | 34.28% | 42.89% |
| 2005 | 33.10% | 32.52% | 44.06% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
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