ZIP Code · ND

ZIP 58503

Part of Bismarck, ND
Pop. 37,683·Burleigh County·1st most expensive ZIP in North Dakota
Median rent (all units)
$1,417/mo
Year-over-Year
+2.7%
Month-over-Month
+0.5%
vs US Median
-$515
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 58503 · $1,417
More affordable than 79% of US ZIP codes · National median $1,932/mo
Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,150
2 BR
$1,310
3 BR
$1,820
4 BR+
$2,100
Research median
$1,310/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

Past year vs. the rest of North Dakota

Rent in ZIP 58503 changed +2.7% over the year to September 2026. Across the 15 North Dakota ZIP codes Zillow tracks, the typical change was +4.8%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($102,333) is $2,558 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,100).

Rank in Bismarck

3rd cheapest of 3 ZIP codes in Bismarck.

Cheaper nearby

ZIP 58501, 7 miles away, rents for 29% less ($999/mo), about $5,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 58503. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,004/yr
At $1,417/mo median
Location
StateND
CountyBurleigh County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.7% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 58503 (Bismarck, ND) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 48.4% of residents hold a bachelor's degree or higher.

Population
37,683
Median income
$102,333
Median age
39.8
Renters
25.7%
Age distribution
26.1%
17.2%
24.8%
19.9%
Under 1826.1%
18–3417.2%
35–5424.8%
55–6411.9%
65+19.9%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
89.2%
White89.2%
Black0.9%
Hispanic2.5%
Asian1.3%
Other6.2%
Education (25+)
16.5%
31%
48.4%
No HS diploma4%
HS diploma16.5%
Some college31%
Bachelor's+48.4%
Housing tenure
74.3%
25.7%
Owner74.3%
Renter25.7%

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

2021 vs 2026

How ZIP 58503 in Bismarck, ND has changed in 5 years

Income
$93,319 → $102,333
up 9.7%
Population
36,745 → 37,683
up 2.6%
Renter share
24.7% → 25.7%
+1.0 pts
Bachelor's+
45.8% → 48.4%
+2.6 pts
Median age
38.1 → 39.8
+1.7 yrs

Median household income climbed from $93,319 to $102,333 between 2021 and 2024, a 9.7% shift. Census counts show ZIP 58503 in Bismarck, ND adding about 938 residents over the five-year window, up 2.6% on net. Bachelor's-degree-or-higher attainment moved from 45.8% to 48.4% across the same window.

Community

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Local insights

Tips for renters in ZIP 58503

About renting in ZIP 58503

Last updated: October 17, 2026

ZIP code 58503 covers Bismarck, ND. The median rent here is $1,417/mo as of October 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,310/mo.

At 17% of local median household income ($102,333/yr), ZIP 58503 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 58503?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,417/mo in ZIP 58503. The local median household income is $102,333/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 58503?

Rent in ZIP 58503 has risen 2.7% over the past year.

How does ZIP 58503 compare to other ZIPs in North Dakota?

ZIP 58503 is one of the pricier among North Dakota ZIP codes for rent, ranking #1 of 17 at $1,417/mo. Over the year to September 2026, rent in ZIP 58503 changed +2.7%, against a typical +4.8% across the 15 North Dakota ZIP codes Zillow tracks.

How does ZIP 58503 compare to the rest of Bismarck?

At $1,417/mo, ZIP 58503 is $175 above the Bismarck citywide median of $1,242/mo. It is the 3rd cheapest of 3 ZIP codes in Bismarck.
Income Affordability
17%
VERY AFFORDABLE

At $1,417/mo, rent takes ~17% of ZIP 58503's median household income ($102,333/yr). The standard benchmark is 30%.

ZIP 58503 17%Benchmark 30%
State income tax1.1–2.5%
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Schools nearby

Public schools near ZIP 58503 (Bismarck, ND)

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