Renville County, North Dakota Housing Market

In Renville County, North Dakota, the median home value is $166,000, with a median monthly rent of $828. This places Renville County at #1884 nationally out of 3134 counties by median home value, and #25 within North Dakota.

Median Home Value $166,000
Median Rent $828/mo
Owner Occupancy 78.7%
Price/Rent Ratio 16.7

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

💼

Employment & Wages

454
jobs (private sector)
  • Avg weekly wage: $1,072
  • Establishments: 117
  • BLS QCEW, 2025
🏗️

Housing Supply

1
new units authorized (2025)
  • Single-family: 1
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3
net migration (filers, 2021-2022)
  • Inflow: 959 (avg $87,572)
  • Outflow: 956 (avg $88,243)
  • IRS Statistics of Income

How Renville County Compares

MetricRenville CountyNorth Dakota AverageU.S. Average
Median Home Value $166,000 $175,786 $227,706
Median Gross Rent $828 $772 $968
Owner Occupancy Rate 78.7% 73.6% 73.3%
Price/Rent Ratio 16.7 18.9 18.7

Market Analysis

The median home value in Renville County is 5.6% below the North Dakota state average and 27.1% below the U.S. national average. The median rent of $828/month is 7.3% above the state average.

With a price-to-rent ratio of 16.7, the buy-vs-rent decision in Renville County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Renville County has an owner-occupancy rate of 78.7%, compared to 73.6% in North Dakota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Ottawa County Kansas $166,000 $809
Huron County Ohio $166,000 $848
Ohio County West Virginia $166,000 $821
Lincoln County Georgia $165,900 $786
Chase County Nebraska $165,900 $800

Other Counties in North Dakota

CountyMedian Home ValueMedian RentOwner Occ.
Bowman County $164,900 $765 83.3%
Foster County $167,500 $780 79.7%
Divide County $167,600 $1,105 77.3%
Sargent County $163,200 $816 72.5%
Dickey County $162,400 $840 79.7%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).