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Apartments For Rent in Minot, ND

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Apartments for Rent in Minot, ND

Minot, North Dakota is a town with just over 48,000 residents. Young adults (15-24) will feel welcome, as they account for an above-average percentage of the population, though young professionals also appear in large numbers. At an average age of just under 36, the city's population skews younger than most cities in North Dakota. Renters tend to be in the minority in Minot, and 59% of residents own their homes. Relatively high rent costs could be a contributing factor, as the average rent of $993 a month is substantially higher than the state average of $863.

Minot has an average commute time of about 20 minutes. Many residents (54%) commute to work by car, while public transit is not used extensively. Walking isn't a common method of commuting to work.

Among Minot residents older than 25, 18% have earned a Bachelor's, Master's, Professional, or Doctoral degree. Workers are spread across a plethora of industries in Minot. The four most common are retail, healthcare, entertainment, and education. Combined, these industries make up 29% of the city's workforce. Meanwhile, looking at job function, many residents work in sales, which ranks as the top profession in the city. With an average annual income of just over $77K, Minot workers earn a little more than the average North Dakota resident. Minot's average income also compares favorably to the national average ($73,345).