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

Minot, ND has a median modeled monthly cash flow of $-1,006 and a median cap rate of 2.4%, on a median sold price of $285,000. Prices changed +5.4% year over year.

What is the average cap rate in Minot, ND?

The median cap rate across recently sold homes in Minot, ND is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Minot, ND?

The median sold price in Minot, ND is $285,000 (about $137 per square foot).

Investing in Minot, ND Real Estate

A data-driven snapshot of the Minot, 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.

$285,000Median sold price

$137Median $/sqft

2.4%Median cap rate

$-1,006Modeled cash flow / mo

+5.4%Appreciation YoY

7.7Months of supply

322Active listings

503Sold (last 12 mo)

What the Minot numbers say

In Minot, ND, the median home sold for $285,000 (about $137 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,006 of monthly cash flow. Sold prices moved +5.4% over the past year. Inventory sits at about 7.7 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 Minot cash-flowing listings

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