Can A Real Estate Agent Afford Rent in Minot, ND?
Comfortably affordable — rent takes 23.9% of gross income.
Minot rent: September 2026. Salary: BLS OEWS May 2024 (North Dakota state estimate).
About rent and a real estate agent salary
Real estate agent pay is commission-driven and varies widely with local market conditions. The BLS mean averages high and low producers. At the national-average agent salary, the 30% rule supports about $1,640 a month in rent — though successful agents in active markets earn well above this.
Cheaper rent nearby
These North Dakota cities have lower median rent than Minot, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Minot
View full rent data for Minot, ND →Frequently asked questions
Can a real estate agent afford rent in Minot, ND?
Median rent in Minot is $1,269 a month. A typical real estate agent in North Dakota earns about $63,613 a year, which makes that rent 23.9% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a real estate agent afford in Minot?
Using the 30% rule, a real estate agent salary in North Dakota (~$63,613/yr) supports up to $1,590 a month in rent. Minot's current median rent is $1,269/mo, which leaves a $321/mo buffer.
How many hours does a real estate agent work to cover rent in Minot?
At an hourly equivalent of about $31 an hour, a real estate agent in North Dakota works roughly 41.5 hours a month to cover Minot's median rent of $1,269.
Where is rent cheaper than Minot for a real estate agent?
Nearby North Dakota cities with lower median rent include Watford City ($1,265/mo), Dickinson ($1,262/mo), Watford City ($1,261/mo). Each shifts the affordability math materially on a real estate agent salary.