City Report · ND

Jamestown

Pop. 15,787·7th most expensive in North Dakota·Jamestown rents are up 23.2% over the past year
Median rent (all units)
$1,212/mo
Year-over-Year
+23.2%
Month-over-Month
+8.5%
vs US Median
-$750
Rising (Monthly)
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Most AffordableMost Expensive
Jamestown · $1,212
More affordable than 92% of US cities · National median $1,962/mo
Rent Reality Score
18/100
Overheated
OverheatedFairGreat value

Rents are 16% above what Jamestown's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,212/mo
Expected by trend
$1,045/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 $1,212 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: August 17, 2026

Annual cost
$14,544/yr
At $1,212/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 23.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+23.2% YoY, +8.5% 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
$916 → $1,212
up 32.3%
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 $916 a month. That figure now sits near $1,212, up 32.3% from the 2023 baseline. Median household income climbed from $49,038 to $56,554 between 2021 and 2024, a 15.3% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. 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 $1,212/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: August 17, 2026

The median rent in Jamestown is $1,212/mo as of August 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 26% of local median household income ($56,554/yr), Jamestown ranks as affordable compared to the national benchmark of 30%. Rents have increased 23.2% over the past year.

FAQ

Frequently asked questions

Is Jamestown an affordable city for renters?

Jamestown is considered affordable for renters. At $1,212/mo, rent takes approximately 26% of the local median household income ($56,554/yr). The standard benchmark is 30%. Jamestown falls comfortably within that range.

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 $48,000/year (~$23/hour full-time) to afford the median rent of $1,212/mo in Jamestown. The local median household income is $56,554/yr, meaning the typical Jamestown household meets that threshold.

Is rent going up or down in Jamestown?

Rent in Jamestown has increased 23.2% over the past year as of August 2026, putting upward pressure on renter budgets.

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

Jamestown is middle-of-the-pack for North Dakota for rent, ranking #7 out of 11 tracked cities at $1,212/mo.

Which nearby cities are cheaper to rent in than Jamestown?

Aberdeen is nearby and more affordable at $1,082/mo, which is $130 less than Jamestown.

What percentage of Jamestown residents rent vs. own?

According to Census data, approximately 45.4% of Jamestown households are renters, while 54.6% are owner-occupied. Jamestown leans toward homeownership, which can mean a smaller rental inventory.

How does Jamestown rent compare to the national average?

Jamestown's median rent of $1,212/mo is $750 (38%) below the US national median of $1,962/mo. Within North Dakota, it ranks #7 out of 11 tracked cities.
Income Affordability
26%
AFFORDABLE

At $1,212/mo, rent takes ~26% of Jamestown's median household income ($56,554/yr). The standard benchmark is 30%.

Jamestown 26%Benchmark 30%
State income tax1.1–2.5%
Run the Jamestown affordability calculator →
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