North Dakota

Bowman County

ZIP 58651

2,935 residents2 permits TTM$83,773 median HHI4 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$176,400

ACS 5-Year

Cap rate proxy

5.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

12.4%

HUD FMR ÷ ACS HHI

Net migration

IRS SOI

Permits (TTM)

2

Census BPS

Climate risk

2.1

FEMA NRI (0–100)

ZIP 58651

Median home value

$176,400

Gross yield

5.9%

Cap rate

5.9%

Rent gap

0.5%

Affordability

P/I: 2.1R/I:

Section 8 detail

SAFMR: $873Rent: $869Gap: 0.5%
ZIP code breakdown4 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
58643$176,400county est.$8735.9%5.9%0.5%
58651$176,400county est.$8735.9%5.9%0.5%
58653$176,400county est.$8735.9%5.9%0.5%
58623$185,835$8735.6%5.6%0.5%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

83.0%

Census ACS

Vacancy rate

24.4%

Census ACS

Bachelor's degree +

27.3%

Census ACS

Rent burdened

18.6%

Census ACS (>30% income)

Median age

42.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026