ZIP Code · ND

ZIP 58203

Part of Grand Forks, ND

Pop. 16,478·Grand Forks County·6th most expensive ZIP in North Dakota

Median rent (all units)

$1,277/mo

Year-over-Year

+5.4%

Month-over-Month

-1.1%

vs US Median

-$655

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 58203 · $1,277

More affordable than 87% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$820

1 BR

$820

2 BR

$1,030

3 BR

$1,430

4 BR+

$1,730

Research median

$1,030/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 58203 usually run 1.8% below trend in December and 1.2% above it in April, about $38 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 58203 is 2.1% below its high of $1,305 in June 2026, at $1,277 as of September 2026.

Past year vs. the rest of North Dakota

Rent in ZIP 58203 changed +5.4% over the year to September 2026. Across the 15 North Dakota ZIP codes Zillow tracks, the typical change was +4.8%.

Recent direction

Rent has fallen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($60,474) is $1,512 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,430); a 4-bedroom is $1,730.

Cheaper nearby

ZIP 58201, 7 miles away, rents for 12% less ($1,119/mo), about $1,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 58203. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,324/yr

At $1,277/mo median

Location

CityGrand Forks

StateND

CountyGrand Forks County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (5.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+5.4% YoY, -1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 58203 (Grand Forks, ND) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 37.3% of residents hold a bachelor's degree or higher.

Population

16,478

Median income

$60,474

Median age

Renters

55.2%

Age distribution

19.2%

41.2%

20.2%

Under 1819.2%

18–3441.2%

35–5420.2%

55–648.5%

65+10.9%

Gender

52.9%

47.1%

Male52.9%

Female47.1%

Race & ethnicity

78.8%

White78.8%

Black3.2%

Hispanic6.6%

Asian5.9%

Other5.5%

Education (25+)

26%

31.8%

37.3%

No HS diploma4.9%

HS diploma26%

Some college31.8%

Bachelor's+37.3%

Housing tenure

44.8%

55.2%

Owner44.8%

Renter55.2%

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

2021 vs 2026

How ZIP 58203 in Grand Forks, ND has changed in 5 years

Rent

$932 → $1,277

up 37.0%

Income

$47,721 → $60,474

up 26.7%

Population

15,807 → 16,478

up 4.2%

Renter share

60.5% → 55.2%

-5.3 pts

Bachelor's+

32.6% → 37.3%

+4.7 pts

Rent in ZIP 58203 in Grand Forks, ND has increased 37.0% since 2021, going from about $932 per month to roughly $1,277 today. On the earnings side, the typical household in ZIP 58203 in Grand Forks, ND now reports about $60,474, up from $47,721 in 2021. Rent outpaced income growth by roughly 10.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 15,807 to 16,478 between 2021 and 2024, a 4.2% change. About 55.2% of households rent today, against 60.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.6% to 37.3%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 58203 in Grand Forks, ND reflects that arc in its own way.

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About renting in ZIP 58203

Last updated: October 17, 2026

ZIP code 58203 covers Grand Forks, ND. The median rent here is $1,277/mo as of October 2026. A 1-bedroom rents for a median of $820/mo. A 2-bedroom rents for a median of $1,030/mo.

At 25% of local median household income ($60,474/yr), ZIP 58203 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 58203?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (about $25/hour full-time) to afford the median rent of $1,277/mo in ZIP 58203. The local median household income is $60,474/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 58203?

Rent in ZIP 58203 has risen 5.4% over the past year as of September 2026. It sits 2.1% below its high of $1,305 in June 2026.

When is the cheapest time to rent in ZIP 58203?

Asking rents in ZIP 58203 are usually lowest in December, about 1.8% below their yearly trend, and highest in April, about 1.2% above it. At today's median that is a gap of roughly $38 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 58203 compare to other ZIPs in North Dakota?

ZIP 58203 is one of the pricier among North Dakota ZIP codes for rent, ranking #6 of 17 at $1,277/mo. Over the year to September 2026, rent in ZIP 58203 changed +5.4%, against a typical +4.8% across the 15 North Dakota ZIP codes Zillow tracks.