ZIP Code · ND

ZIP 58701

Part of Minot, ND

Pop. 33,086·Ward County·4th most expensive ZIP in North Dakota

Median rent (all units)

$1,292/mo

Year-over-Year

+6.4%

Month-over-Month

+0.5%

vs US Median

-$640

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 58701 · $1,292

More affordable than 87% 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

$710

1 BR

$850

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

Past year vs. the rest of North Dakota

Rent in ZIP 58701 changed +6.4% 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 risen 9 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($73,269) is $1,832 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,730).

From Zillow's monthly rent index (ZORI) for ZIP 58701. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,504/yr

At $1,292/mo median

Location

CityMinot

StateND

CountyWard 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, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 58701 (Minot, ND) is majority owner-occupied, 28.7% of residents hold a bachelor's degree or higher.

Population

33,086

Median income

$73,269

Median age

35.9

Renters

39.4%

Age distribution

23.8%

24.8%

23.4%

12.2%

15.7%

Under 1823.8%

18–3424.8%

35–5423.4%

55–6412.2%

65+15.7%

Gender

50.8%

49.2%

Male50.8%

Female49.2%

Race & ethnicity

82.5%

White82.5%

Black3.7%

Hispanic6%

Asian2.1%

Other5.7%

Education (25+)

30%

35.8%

28.7%

No HS diploma5.6%

HS diploma30%

Some college35.8%

Bachelor's+28.7%

Housing tenure

60.6%

39.4%

Owner60.6%

Renter39.4%

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

2021 vs 2026

How ZIP 58701 in Minot, ND has changed in 5 years

Income

$68,210 → $73,269

up 7.4%

Population

33,186 → 33,086

down 0.3%

Renter share

40.5% → 39.4%

-1.1 pts

Bachelor's+

27.8% → 28.7%

+0.9 pts

Median age

35 → 35.9

+0.9 yrs

Local incomes tracked alongside that move, going from a median of $68,210 in 2021 to $73,269 more recently.

Community

Discussions about ZIP 58701

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Local insights

Tips for renters in ZIP 58701

About renting in ZIP 58701

Last updated: October 17, 2026

ZIP code 58701 covers Minot, ND. The median rent here is $1,292/mo as of October 2026. A 1-bedroom rents for a median of $850/mo. A 2-bedroom rents for a median of $1,030/mo.

At 21% of local median household income ($73,269/yr), ZIP 58701 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 income do you need to rent in ZIP 58701?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,292/mo in ZIP 58701. The local median household income is $73,269/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 58701?

Rent in ZIP 58701 has risen 6.4% over the past year.

How does ZIP 58701 compare to other ZIPs in North Dakota?

ZIP 58701 is one of the pricier among North Dakota ZIP codes for rent, ranking #4 of 17 at $1,292/mo. Over the year to September 2026, rent in ZIP 58701 changed +6.4%, against a typical +4.8% across the 15 North Dakota ZIP codes Zillow tracks.