Is Bismarck, ND a good place to invest in rental property?

Bismarck, ND has a median modeled monthly cash flow of $-923 and a median cap rate of 3.3%, on a median sold price of $353,900. Prices changed +2.4% year over year.

What is the average cap rate in Bismarck, ND?

The median cap rate across recently sold homes in Bismarck, ND is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bismarck, ND?

The median sold price in Bismarck, ND is $353,900 (about $173 per square foot).

Investing in Bismarck, ND Real Estate

A data-driven snapshot of the Bismarck, ND rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$353,900Median sold price

$173Median $/sqft

3.3%Median cap rate

$-923Modeled cash flow / mo

+2.4%Appreciation YoY

12.8Months of supply

1,133Active listings

1,065Sold (last 12 mo)

What the Bismarck numbers say

In Bismarck, ND, the median home sold for $353,900 (about $173 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-923 of monthly cash flow. Sold prices moved +2.4% over the past year. Inventory sits at about 12.8 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 13 fix-and-flip deals in Bismarck — listings where the estimated after-repair value beats list price + rehab.

Other North Dakota markets to compare

See Bismarck cash-flowing listings

CashFlowRE ranks every for-sale home in Bismarck, ND by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Bismarck deals, or browse the national market data.