11 census tracts

Bismarck.North Dakota housing market

This Bismarck housing market report covers about 23,500 homes across 11 census tracts. Rent takes just 24.7% of household income at the median (its rent-to-income ratio), the lowest share of the 139 markets PriceDNA tracks. For August 2026, the average listing price is $584,695 across 223 active listings (Realtor.com Economic Research, Monthly Housing Inventory).

Aerial view of Bismarck, North Dakota during summer
The North Dakota State Capitol tower at sunset, with the Missouri River beyond. Adobe Stock
Average listing price
$584,695
223 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
Population growth
+1.1%
a year, 2020 to 2025 · Census population estimates
Approximate homes
23,500
across 11 assigned tracts
Vacant homes
7.3%
of all homes
Renter-occupied
38%
of occupied homes

Bismarck housing market context

These are city-level figures. To see how one property measures up against your goal, run a specific address.

01.

Location score distribution

How location scores vary across 11 census tracts in Bismarck.

median 66.4 62 75

Half of Bismarck's tracts score between 65 and 68. The full range spans 62 to 75, with a median of 66.4.

Distribution of tract scores
Median (66.4)
Mean (66.8)

What the location score shows

PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.

The middle half of Bismarck's tracts is 3.4 points wide on the score, narrower than in 133 of the 139 markets PriceDNA tracks.

To see the location score for your specific property, analyze a property

02.

Housing composition

Key housing statistics for approximately 23,500 homes in Bismarck, including occupancy, tenure, and structure type.

Tenure of occupied homes: owner 62%, renter 38%.
Tenure of occupied homes Owner 62% · Renter 38%
Housing occupancy: occupied 92.7%, vacant 7.3%.
Occupancy Occupied 92.7% · Vacant 7.3%

Of about 23,500 homes, 7.3% are vacant. Among occupied homes, 38% are renter-occupied, providing context on the size of the local rental base.

By structure type, about 57% of Bismarck’s housing units are in single-family structures, 9% in small multifamily buildings (2 to 4 units), and 28% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.

03.

How Bismarck compares

Bismarck's median is above the North Dakota median on 4 of these 8 measures and above the U.S. median on 3. The city range shows the lower quarter, median and upper quarter of its census tracts.

How Bismarck compares with North Dakota and United States medians
Metric Bismarck lower · median · upper Bismarck North Dakota ND United States US
Census ACS B19013 · 2020 to 2024
$65,042 $69,865 $76,454 $80,613 $77,171
Census ACS B15003 · 2020 to 2024
47% 48% 50% 47% 41%
Census ACS B01001 · 2020 to 2024
33% 34% 35% 34% 32%
FHFA HPI · 2025
3.0% 3.1% 3.4% 3.3% 5.2%
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
2.5% 2.8% 3.1% 3.2% 3.8%
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
1.31% every tract 1.31% 1.65%
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
0.73% every tract 0.73% 0.56%
Census ACS B25064 + B19013 · 2020 to 2024
23.4% 24.7% 25.5% 24.5% 30.8%
04.

About this data

PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.

Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.

The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.

These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.

05.

Nearby markets

Market pages for other cities within 300 miles.

You've seen Bismarck. Now analyze a specific address.

PriceDNA's goal-convergent valuation shows the purchase price that supports your investing goal, not just the market average.