Grand Forks, ND-MN · North Dakota
Grand Forks County
ZIP 58251
72,764 residents169 permits TTM$68,450 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$244,200
ACS 5-Year
Cap rate proxy
4.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.0%
HUD FMR ÷ ACS HHI
Net migration
+1.31%
IRS SOI
Permits (TTM)
169
Census BPS
Climate risk
57.7
FEMA NRI (0–100)
ZIP 58251
Median home value
—
Gross yield
—
Cap rate
5.7%
Rent gap
—
Affordability
P/I: 3.0R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown16 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 58201 | — | — | — | 4.6% | — |
| 58202 | — | — | — | 4.8% | — |
| 58203 | — | — | — | 6.5% | — |
| 58204 | — | — | — | 4.8% | — |
| 58205 | — | — | — | 4.8% | — |
Ranked by composite score
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Demographics
Owner-occupied
52.1%
Census ACS
Vacancy rate
8.0%
Census ACS
Bachelor's degree +
37.2%
Census ACS
Rent burdened
43.5%
Census ACS (>30% income)
Median age
30.6
Census ACS
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