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ZIP Code · ND

ZIP 58203

Pop. 16,478·Grand Forks County·9th most expensive ZIP in North Dakota
Median rent (all units)
$1,247/mo
Year-over-Year
+6.4%
Month-over-Month
+7.2%
vs US Median
-$718
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 58203 · $1,247
More affordable than 90% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$14,964/yr
At $1,247/mo median
Location
StateND
CountyGrand Forks County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.4% YoY, +7.2% 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
29
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
$905 → $1,247
up 37.8%
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 37.8% since 2021, going from about $905 per month to roughly $1,247 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 11.1 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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Local insights

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About renting in ZIP 58203

Last updated: July 20, 2026

ZIP code 58203 covers Grand Forks, ND. The median rent here is $1,247/mo as of July 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 6.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 58203?

As of July 20, 2026, the median monthly rent in ZIP 58203 (Grand Forks, ND) is $1,247. This is based on aggregated data from public sources and community submissions.

How does ZIP 58203 rent compare to the US average?

ZIP 58203's median rent of $1,247/mo is $718 (37%) below the US national median of $1,965/mo.

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

ZIP 58203 falls in the middle range for North Dakota, ranking #9 out of 17 ZIPs at $1,247/mo.

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 $50,000/year (~$24/hour full-time) to afford the median rent of $1,247/mo in ZIP 58203. The local median household income is $60,474/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 58203?

Rent in ZIP 58203 has increased 6.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 58203 an affordable place to rent?

ZIP 58203 is considered affordable for renters. At $1,247/mo, rent takes approximately 25% of the local median household income ($60,474/yr). The standard benchmark is 30%. ZIP 58203 falls comfortably within that range.

What percentage of ZIP 58203 residents rent vs. own?

According to Census data, approximately 55.2% of ZIP 58203 households are renters, while 44.8% are owner-occupied. With a majority renter population, ZIP 58203 has a strong rental market.

How does ZIP 58203 compare to the rest of Grand Forks?

ZIP 58203 is pricier than Grand Forks as a whole. At $1,247/mo, it's $75 above the Grand Forks citywide median of $1,172/mo.

When was rent data for ZIP 58203 last updated?

Rent data for ZIP 58203 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,247/mo, rent takes ~25% of ZIP 58203's median household income ($60,474/yr). The standard benchmark is 30%.

ZIP 58203 25%Benchmark 30%
State income tax1.1–2.5%
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