Property prices for rent in Bismarck (North Dakota)

The rent prices in real estate in Bismarck, in the North Dakota region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$1,187.5
Average price last 6 months
$3.21
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Bismarck has risen during the last 6 months. In April, the average price per sq.feet was $3.07. In the following month the price per sq.feet rose considerably to $4.07. The price for the following two months in (June, July) had a considerable rise of 143 %. The price per sq.feet has had a considerable fall of 22 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $4.34 to $0.95 during August, and September.

Average price

When referring to the price in Bismarck (cities), there have hardly been any changes in the last 6 months. The rent price in April is $1,174, rising in May till $1,249. In the following two months the average price has hardly changed with regard to the previous two months from $1,211.5 to $1,160.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,186 and $1,190.5 between August and September.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,187 they are 27 % more affordable than the average price for Bismarck . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,538.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.91 / sq.feet, with an average $0.94 / sq.feet price in Bismarck. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.97 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,187 it is 27 % more affordable than the average price in Bismarck. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,474 it is 39 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $0.95 / sq.feet followed by "Apartment" priced at $0.98 / sq.feet. "Condo" is the most expensive type of property with a $6 / sq.feet value followed by "Apartment" with an average price of $0.98 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Bismarck
Number of properties used in region North Dakota
$1,187
$0.94
1,546
15,402
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value