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Average Rent in Grand Forks 58201 & Rent Trends

Rent prices and market trends across 13 apartment communities in Grand Forks 58201, Grand Forks, ND. Updated daily.

Area All Areas
Grand Forks 5820158203

Market Average

$1,524/mo

▼ 1.2% from last month

Lowest Available

$696/mo

cheapest unit on market

Communities

13

tracked daily

Units Listed

78

available now

Price Cuts This Week in Grand Forks 58201

7 listed units across 4 buildings in Grand Forks 58201 dropped their asking rent in the past 7 days, an average cut of $32/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Cardinal Point Apartments Unit 5, C5 $1,935 $1,865 $70
The Legacy Apartments Unit 14, C6 $1,630 $1,590 $40
Cardinal Point Apartments Unit 4, C5 $1,980 $1,940 $40
Forest Park Apartments Unit 1, 1 Bedroom B $727 $696 $31
Southpoint Apartments Unit 1, B1 $1,545 $1,530 $15
Southpoint Apartments Unit 2, B1 $1,525 $1,510 $15
Southpoint Apartments Unit 3, B1 $1,535 $1,520 $15
See today's prices on all 78 listed units

Grand Forks 58201 vs Grand Forks, ND Average

Grand Forks 58201 is more expensive than the Grand Forks, ND average by $101/mo (7%). The citywide average is $1,423/mo across all neighborhoods.

Is Rent Going Up or Down in Grand Forks 58201?

As of August 2026, the average rent in Grand Forks 58201 is $1,524 per month across 13 apartment communities and 78 available units. Rents have decreased $18 (1.2%) over the past month.

The most affordable option is Forest Park Apartments starting at $696/mo. By unit type, a studio averages $1,459/mo, a 1-bedroom averages $1,235/mo, a 2-bedroom averages $1,493/mo, a 3-bedroom averages $1,725/mo.

Prices range from $696 to $2,410 per month. The most common price point is the $1,400 range, where 24 units are currently listed.

Grand Forks 58201 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,517 - 12
August 2026 $1,482 -$35 13

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Grand Forks 58201

Studio
$1,459
from $1,165 · 12 units
1 Bed
$1,235
from $696 · 8 units
2 Bed
$1,493
from $771 · 37 units
3 Bed
$1,725
from $1,085 · 21 units

Rent Prices by Apartment in Grand Forks 58201

Property Starting at Average Units Rating
Forest Park Apartments $696/mo $999/mo 4 3.9
Valley Park Apartments $771/mo $799/mo 2 3.8
Chandler 1802 $845/mo $950/mo 3 5
West Ridge Apartments $910/mo $943/mo 2 4.1
The District $1,165/mo $1,462/mo 9 4.6
Blackmore Flats $1,200/mo $1,705/mo 18 4.3
Latitude Apartments $1,260/mo $1,560/mo 6 3.9

Frequently Asked Questions About Rent in Grand Forks 58201

What is the average rent in Grand Forks 58201?

The average rent in Grand Forks 58201 is $1,524 per month as of August 2026, based on 78 units across 13 apartment communities.

Is rent going up or down in Grand Forks 58201?

Rent in Grand Forks 58201 has decreased $18 (1.2%) over the past month. The current average is $1,524/mo.

What is the cheapest apartment in Grand Forks 58201?

The most affordable apartment in Grand Forks 58201 is Forest Park Apartments with units starting at $696/mo.

How much is a 1-bedroom apartment in Grand Forks 58201?

A 1-bedroom apartment in Grand Forks 58201 averages $1,235/mo, with prices starting at $696/mo across 8 available units.

How many apartments are available in Grand Forks 58201?

There are 78 units available across 13 apartment communities in Grand Forks 58201.

What salary do I need to live comfortably in Grand Forks 58201?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$61,000/year

Based on the 30 percent rule, using our tracked average rent of $1,524/mo.

Comfortable income

$73,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($696/mo), you need to earn at least $28,000/year.

Cost of living in Grand Forks 58201

We only have live rent data for Grand Forks 58201 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,524
Estimated total $1,524/mo

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures are refreshed annually.

Explore Grand Forks 58201 Apartments

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