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

Mandan, ND has a median modeled monthly cash flow of $-1,009 and a median cap rate of 2.9%, on a median sold price of $319,400. Prices changed +0.0% year over year.

What is the average cap rate in Mandan, ND?

The median cap rate across recently sold homes in Mandan, ND is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mandan, ND?

The median sold price in Mandan, ND is $319,400 (about $162 per square foot).

Investing in Mandan, ND Real Estate

A data-driven snapshot of the Mandan, 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.

$319,400Median sold price

$162Median $/sqft

2.9%Median cap rate

$-1,009Modeled cash flow / mo

+0.0%Appreciation YoY

8.5Months of supply

269Active listings

380Sold (last 12 mo)

What the Mandan numbers say

In Mandan, ND, the median home sold for $319,400 (about $162 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,009 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 8.5 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 Mandan cash-flowing listings

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