Can A Carpenter Afford Rent in Minot, ND?

Comfortably affordable — rent takes 24.1% of gross income.

Minot rent: July 2026. Salary: BLS OEWS May 2024 (North Dakota state estimate).

Minot median rent
$1,189/mo
Carpenter salary (North Dakota)
$59,112/yr
Rent as % of income
24.1%
Gross monthly income works out to about $4,926, and the 30% rule supports up to $1,478/mo in rent. Minot's median rent of $1,189 leaves roughly $289/mo of headroom under that threshold. A carpenter works roughly 41.8 hours a month to cover that rent.

About rent and a carpenter salary

Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.

Cheaper rent nearby

These North Dakota cities have lower median rent than Minot, which improves the affordability math on a carpenter salary:

Grand Forks, ND
$1,187/mo (24.1% of income)
Dickinson, ND
$1,185/mo (24.1% of income)
Grand Forks, ND
$1,185/mo (24.1% of income)

Compare with full rent data for Minot

View full rent data for Minot, ND

Frequently asked questions

Can a carpenter afford rent in Minot, ND?

Median rent in Minot is $1,189 a month. A typical carpenter in North Dakota earns about $59,112 a year, which makes that rent 24.1% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Minot?

Using the 30% rule, a carpenter salary in North Dakota (~$59,112/yr) supports up to $1,478 a month in rent. Minot's current median rent is $1,189/mo, which leaves a $289/mo buffer.

How many hours does a carpenter work to cover rent in Minot?

At an hourly equivalent of about $28 an hour, a carpenter in North Dakota works roughly 41.8 hours a month to cover Minot's median rent of $1,189.

Where is rent cheaper than Minot for a carpenter?

Nearby North Dakota cities with lower median rent include Grand Forks ($1,187/mo), Dickinson ($1,185/mo), Grand Forks ($1,185/mo). Each shifts the affordability math materially on a carpenter salary.

Methodology: Salary uses the BLS-derived North Dakota state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Minot, ND. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.