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ZIP Code · ND

ZIP 58703

Part of Minot, ND
Pop. 22,139·Ward County·12th most expensive ZIP in North Dakota
Median rent (all units)
$1,140/mo
Year-over-Year
+16.7%
Month-over-Month
+4.6%
vs US Median
-$825
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 58703 · $1,140
More affordable than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$800
1 BR
$960
2 BR
$1,160
3 BR
$1,610
4 BR+
$1,950
Research median
$1,160/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
$13,680/yr
At $1,140/mo median
Location
CityMinot
StateND
CountyWard County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.7% YoY, +4.6% MoM), not inventory.
Demographics

Who lives here

ZIP 58703 (Minot, ND) is majority owner-occupied, skews toward younger working-age adults, 33.3% of residents hold a bachelor's degree or higher.

Population
22,139
Median income
$82,728
Median age
33.3
Renters
39%
Age distribution
21.4%
32.4%
23.9%
12.6%
Under 1821.4%
18–3432.4%
35–5423.9%
55–649.7%
65+12.6%
Gender
54.2%
45.8%
Male54.2%
Female45.8%
Race & ethnicity
79.7%
White79.7%
Black6.3%
Hispanic8.9%
Asian1.4%
Other3.6%
Education (25+)
26.9%
34.3%
33.3%
No HS diploma5.5%
HS diploma26.9%
Some college34.3%
Bachelor's+33.3%
Housing tenure
61%
39%
Owner61%
Renter39%

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

2021 vs 2026

How ZIP 58703 in Minot, ND has changed in 5 years

Income
$74,087 → $82,728
up 11.7%
Population
22,189 → 22,139
down 0.2%
Renter share
40.5% → 39%
-1.5 pts
Bachelor's+
34.2% → 33.3%
-0.9 pts
Median age
32.1 → 33.3
+1.2 yrs

On the earnings side, the typical household in ZIP 58703 in Minot, ND now reports about $82,728, up from $74,087 in 2021. About 39% of households rent today, against 40.5% in 2021.

Community

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Local insights

Tips for renters in ZIP 58703

About renting in ZIP 58703

Last updated: July 20, 2026

ZIP code 58703 covers Minot, ND. The median rent here is $1,140/mo as of July 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,160/mo.

At 17% of local median household income ($82,728/yr), ZIP 58703 ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 58703?

As of July 20, 2026, the median monthly rent in ZIP 58703 (Minot, ND) is $1,140. This is based on aggregated data from public sources and community submissions.

How does ZIP 58703 rent compare to the US average?

ZIP 58703's median rent of $1,140/mo is $825 (42%) below the US national median of $1,965/mo.

How does ZIP 58703 compare to other ZIPs in North Dakota?

ZIP 58703 is among the more affordable ZIP codes in North Dakota, ranking #12 out of 17 ZIPs at $1,140/mo.

How much income do you need to rent in ZIP 58703?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (~$22/hour full-time) to afford the median rent of $1,140/mo in ZIP 58703. The local median household income is $82,728/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 58703?

Rent in ZIP 58703 has increased 16.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 58703 an affordable place to rent?

ZIP 58703 is considered very affordable for renters. At $1,140/mo, rent takes approximately 17% of the local median household income ($82,728/yr). The standard benchmark is 30%. ZIP 58703 falls comfortably within that range.

What percentage of ZIP 58703 residents rent vs. own?

According to Census data, approximately 39% of ZIP 58703 households are renters, while 61% are owner-occupied. ZIP 58703 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 58703 compare to the rest of Minot?

ZIP 58703 is more affordable than Minot overall. At $1,140/mo, it's $3 below the Minot citywide median of $1,143/mo.

When was rent data for ZIP 58703 last updated?

Rent data for ZIP 58703 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $1,140/mo, rent takes ~17% of ZIP 58703's median household income ($82,728/yr). The standard benchmark is 30%.

ZIP 58703 17%Benchmark 30%
State income tax1.1–2.5%
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Schools nearby

Public schools near ZIP 58703 (Minot, ND)

Recent submissions

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