Home prices
Bismarck's median home value is $245,300. This is approximately $77,900 (46%) higher compared to its surrounding areas.Compared to the country as a whole it is approximately $27,800 (12%) higher.
Rents
The median monthly rent in Bismarck is $867. In comparison to its nearby areas this is approximately $56 (6%) higher.It is about $195 (18%) lower in comparison to the US as a whole.
Nearby places
Lincoln
Lincoln is roughly 3 miles southeast of Bismarck. Housing prices there are pretty similar. The price of the median home in Lincoln is $238,200, which is $7,100 (2%) lower than Bismarck. The rent there is significantly more expensive. The median monthly rent in Lincoln is $1,538, which comes out to $671 (43%) higher than Bismarck.
Mandan
Mandan is roughly 4 miles west from Bismarck. Real estate prices there are somewhat less expensive. Mandan's median home value is $215,300, which is $30,000 (13%) lower than Bismarck. The rent there is fairly similar. The median monthly rent in Mandan is $868, which is very similar to Bismarck.
Wilton
Wilton is about 20 miles north from Bismarck. Its housing prices are substantially less expensive. The median home in Wilton is valued at $173,100, which comes out to $72,200 (41%) lower than Bismarck. Rent there is a lot less expensive. Wilton's median monthly rent is $458, which comes out to $409 (89%) lower than Bismarck.
New Salem
New Salem is roughly 25 miles west from Bismarck. Its real estate prices are substantially less expensive. New Salem's median home price is $141,200, which comes out to $104,100 (73%) lower than Bismarck. Rent there is somewhat less expensive. In New Salem the median rent is $658 per month, which is $209 (31%) lower than Bismarck.
Center
Center is approximately 27 miles northwest of Bismarck. Real estate prices there are substantially less expensive. The median home in Center costs $155,200, which comes out to $90,100 (58%) lower than Bismarck. The rent there is substantially less expensive. Center's median monthly rent is $517, which comes out to $350 (67%) lower than Bismarck.
Flasher
Flasher is approximately 28 miles southwest from Bismarck. Housing prices there are a lot less expensive. The median home in Flasher is valued at $81,400, which works out to $163,900 (201%) lower than Bismarck. Its rents are a bit less expensive. Flasher's median monthly rent is $825, which works out to $42 (5%) lower than Bismarck.