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

Grand Forks, ND has a median modeled monthly cash flow of $-1,166 and a median cap rate of 2.5%, on a median sold price of $309,900. Prices changed +15.0% year over year.

What is the average cap rate in Grand Forks, ND?

The median cap rate across recently sold homes in Grand Forks, ND is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Grand Forks, ND?

The median sold price in Grand Forks, ND is $309,900 (about $246 per square foot).

Investing in Grand Forks, ND Real Estate

A data-driven snapshot of the Grand Forks, 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.

$309,900Median sold price

$246Median $/sqft

2.5%Median cap rate

$-1,166Modeled cash flow / mo

+15.0%Appreciation YoY

10.3Months of supply

501Active listings

586Sold (last 12 mo)

What the Grand Forks numbers say

In Grand Forks, ND, the median home sold for $309,900 (about $246 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,166 of monthly cash flow. Sold prices moved +15.0% over the past year. Inventory sits at about 10.3 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.

Other North Dakota markets to compare

See Grand Forks cash-flowing listings

CashFlowRE ranks every for-sale home in Grand Forks, 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 Grand Forks deals, or browse the national market data.