Fargo, ND-MN · North Dakota

Cass County

ZIP 58021

189,286 residents1,171 permits TTM$75,023 median HHI25 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$284,700

ACS 5-Year

Cap rate proxy

4.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.9%

HUD FMR ÷ ACS HHI

Net migration

+2.00%

IRS SOI

Permits (TTM)

1,171

Census BPS

Climate risk

82.4

FEMA NRI (0–100)

ZIP 58021

Median home value

$284,700

Gross yield

5.0%

Cap rate

3.9%

Rent gap

21.2%

Affordability

P/I: 4.2R/I:

Section 8 detail

SAFMR: $1,180Rent: $930Gap: 26.9%
ZIP code breakdown25 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
58002$284,700county est.$1,1004.6%3.9%15.4%
58004$284,700county est.$1,1004.6%3.9%15.4%
58005$284,700county est.$1,1004.6%3.9%15.4%
58006$284,700county est.$9704.1%3.9%4.1%
58007$284,700county est.$1,1004.6%3.9%15.4%

Ranked by composite score

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Demographics

Owner-occupied

52.0%

Census ACS

Vacancy rate

6.7%

Census ACS

Bachelor's degree +

43.3%

Census ACS

Rent burdened

37.6%

Census ACS (>30% income)

Median age

32.9

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