City Report · ND

Jamestown

Pop. 15,787·10th most expensive in North Dakota·Jamestown rents are up 5.7% over the past year
Median rent (all units)
$1,051/mo
Year-over-Year
+5.7%
Month-over-Month
+0.3%
vs US Median
-$881
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Jamestown · $1,051
More affordable than 97% of US cities · National median $1,932/mo
Rent Reality Score
51/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Jamestown's 10-year trend predicts.

Actual rent
$1,051/mo
Expected by trend
$1,059/mo
The Rent Reality Score compares today's median rent to where Jamestown's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$710
1 BR
$710
2 BR
$930
3 BR
$1,300
4 BR+
$1,560
Fair Market Rent (HUD)
$930/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,051 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Jamestown is at its highest level since Zillow's records here began in November 2022.

Recent direction

Rent has risen 4 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($56,554) is $1,414 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,300); a 4-bedroom is $1,560.

From Zillow's monthly rent index (ZORI) for Jamestown. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$12,612/yr
At $1,051/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.7% YoY, +0.3% MoM), not inventory.
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Demographics

Who lives here

Jamestown, ND is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 24% of residents hold a bachelor's degree or higher.

Population
15,787
Median income
$56,554
Median age
40.7
Renters
45.4%
Age distribution
16.9%
25.4%
22.9%
14.5%
20.3%
Under 1816.9%
18–3425.4%
35–5422.9%
55–6414.5%
65+20.3%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
89.4%
White89.4%
Black3.4%
Hispanic4.1%
Asian0.7%
Other2.4%
Education (25+)
38%
30%
24%
No HS diploma8%
HS diploma38%
Some college30%
Bachelor's+24%
Housing tenure
54.6%
45.4%
Owner54.6%
Renter45.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Jamestown, ND has changed in 5 years

Rent
$926 → $1,051
up 13.5%
Income
$49,038 → $56,554
up 15.3%
Population
15,823 → 15,787
down 0.2%
Renter share
45.5% → 45.4%
-0.1 pts
Bachelor's+
21.8% → 24%
+2.2 pts
Median age
38.3 → 40.7
+2.4 yrs

Five years ago, renters in Jamestown, ND paid around $926 a month. That figure now sits near $1,051, up 13.5% from the 2023 baseline. Median household income climbed from $49,038 to $56,554 between 2021 and 2024, a 15.3% shift. Bachelor's-degree-or-higher attainment moved from 21.8% to 24% across the same window. Taken together, the five-year picture in Jamestown, ND reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Jamestown rent history (2015–2026) →
Salary vs rent

Can you afford rent in Jamestown on your salary?

At $1,051/mo, how Jamestown rent compares to typical pay (30% rule).

By apartment size

Jamestown rent by bedroom count

Median rent for each apartment size in Jamestown. Click any size for full breakdown.

Local insights

Tips for renters in Jamestown

About renting in Jamestown, ND

Last updated: October 17, 2026

The median rent in Jamestown is $1,051/mo as of October 2026. A studio apartment averages $710/mo while a 2-bedroom runs $930/mo. One-bedroom apartments average $710/mo and 3-bedroom units go for $1,300/mo.

At 22% of local median household income ($56,554/yr), Jamestown ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Jamestown?

To keep rent at or below 30% of gross income, you would need to earn at least $42,000/year (about $20/hour full-time) to afford the median rent of $1,051/mo in Jamestown. The local median household income is $56,554/yr, so the typical household meets that bar.

Is rent going up or down in Jamestown?

Rent in Jamestown has risen 5.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2022.

How does Jamestown rent compare to other cities in North Dakota?

Jamestown is one of the more affordable among North Dakota cities for rent, ranking #10 of 11 tracked cities at $1,051/mo.
Income Affordability
22%
VERY AFFORDABLE

At $1,051/mo, rent takes ~22% of Jamestown's median household income ($56,554/yr). The standard benchmark is 30%.

Jamestown 22%Benchmark 30%
State income tax1.1–2.5%
Run the Jamestown affordability calculator →
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