Renters Local

Rental Insights for ZIP Code 58067 (Rutland, ND)

Housing Rentals in ZIP Code 58067 (Rutland, ND)

58067 ZIP Code in North Dakota

A Deep Analysis of Housing Rentals in the ZIP Code 58067

The 58067 ZIP Code is principally located in Rutland, ND in Sargent County. This region of North Dakota has an estimated median housing rent of $575 per month. About 12.1% of housing units in this Sargent County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 40.9%.

The median rent in ZIP Code 58067 of $575 per month is 30% lower than the aggregate North Dakota median monthly rent of $826, and is 46% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 53.8% of residents in ZIP Code 58067 have a monthly rent payment between $500 and $999. That is 4% lower than in North Dakota overall, in which 55.8% of total state residents pay between $500 and $999 per month for housing. Just 46.2% of renters in this Rutland, ND region pay less than $500 per month for rent.

ZIP Code 58067 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 58067

See the chart below for a comparison of monthly rental costs in ZIP Code 58067, North Dakota, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 58067 along with those in the state of North Dakota and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 58067

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 58067 North Dakota U.S.
Less than $500 46.2% 13.1% 9.4%
$500 to $999 53.8% 55.8% 36.2%
$1,000 to $1,499 0.0% 22.3% 30.0%
$1,500 to $1,999 0.0% 6.6% 14.0%
$2,000 to $2,499 0.0% 1.1% 5.6%
$2,500 to $2,999 0.0% 0.6% 2.4%
$3,000 or more 0.0% 0.5% 2.4%

Rent Cost vs. Income in ZIP Code 58067

Renters in ZIP Code 58067 use an estimated 23.29% of their income to cover their monthly rent payments. That is about 12% lower than in North Dakota overall. The estimate for North Dakota overall is 26.54% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 58067 renters use about 22% less of their income to cover rent expense. Household income figures for ZIP Code 58067 come in higher than in North Dakota as a whole. The median annual household income in ZIP Code 58067 of $71,875 sits approximately 11% higher than the overall North Dakota median income of $64,894 and approximately 14% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 58067

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 58067, North Dakota, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 58067 along with the same calculations in the state of North Dakota and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 58067

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 58067 North Dakota U.S.
Less than 15.0 percent 30.8% 21.6% 13.1%
15.0 to 19.9 percent 0.0% 15.6% 12.9%
20.0 to 24.9 percent 23.1% 14.5% 12.9%
25.0 to 29.9 percent 30.8% 9.6% 11.6%
30.0 to 34.9 percent 0.0% 7.0% 9.1%
35.0 percent or more 15.4% 31.7% 40.5%

Household Income in ZIP Code 58067

See the table below for the regional comparison of annual household income in ZIP Code 58067.

Income ZIP 58067 North Dakota U.S.
Less than $10,000 0.0% 5.7% 6.0%
$10,000 to $14,999 6.5% 4.0% 4.3%
$15,000 to $24,999 7.5% 8.1% 8.9%
$25,000 to $34,999 9.3% 8.6% 8.9%
$35,000 to $49,999 9.3% 12.1% 12.3%
$50,000 to $74,999 19.6% 17.9% 17.2%
$75,000 to $99,999 18.7% 14.3% 12.7%
$100,000 to $149,999 21.5% 17.1% 15.1%
$150,000 to $199,999 3.7% 6.3% 6.8%
$200,000 or more 3.7% 5.9% 7.7%

Household Income in ZIP Code 58067

See the chart below for a comparison of annual household income figures in ZIP Code 58067, North Dakota, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 58067 alongside the same figures for the state of North Dakota and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 58067

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 58067.

ZIP 58067 North Dakota U.S.
Median Housing Rent $575 $826 $1,062
Renter-Occupied Housing Units 12.1% 37.6% 36.0%
Rental Vacancy Rate 40.9% 9.6% 6.0%
Average Size of Renter-Occupied Unit 1.92 1.99 2.49
Average # of Bedrooms Per Unit 2.87 2.84 2.75
Percent of Income Spent on Rent 23.29% 26.54% 29.83%
Per Capita Income $41,817 $36,062 $34,103
Median Household Income $82,821 $85,476 $88,607
Living Below the Poverty Line 0.0% 6.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 58067

In ZIP Code 58067 (Rutland, ND), and estimated 12.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 40.9%.

The per capita income in 58067 is estimated at $41,817, which goes along with an estimated median household income of $82,821. About 0.0% of residents in this Sargent County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.92 occupants, while the units have an aggregate average size of 2.87 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 23.29% of their income on housing rental costs.

Rental FAQs for ZIP Code 58067

1

What is the median monthly rent in ZIP Code 58067?

Median rent for housing in ZIP Code 58067 in Sargent County in North Dakota is approximately $575 per month.
2

Is it expensive to rent in ZIP Code 58067?

Rent in ZIP Code 58067 is lower than average in the state of North Dakota overall. The median monthly rent of $575 in ZIP Code 58067 is approximately 30% lower than the North Dakota median of $826. Additionally, median rent in this Rutland, ND region ($575) is about 46% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 58067?

High-priced rentals are not common in the Rutland, ND ZIP Code of 58067, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of North Dakota overall, approximately 0.5% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 58067?

Affordable rentals are more common in ZIP Code 58067 than in North Dakota overall. The percentage of housing rentals in ZIP Code 58067 costing $999 or less per month (100%) is approximately 45% higher than the North Dakota rate of 68.9% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 119% lower than the previously mentioned 58067 rate of 100%.
5

What is the most common cost range that rentals fall into in ZIP Code 58067?

The most common range for rental cost in ZIP Code 58067 is between $500 and $999 per month. About 53.8% of renters in 58067 pay in this range for monthly rent. In comparison, approximately 55.8% of renters in the state of North Dakota fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 58067 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 58067 is higher than the rental vacancy rate in the state of North Dakota overall. Rental vacancy of 40.9% in ZIP Code 58067 is about 326% higher than the North Dakota rate of 9.6%. Looking more broadly, rental vacancy in this Rutland, ND region (40.9%) is an estimated 582% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 58067? How does it compare to other North Dakota regions?

Median household income in ZIP Code 58067 is higher than in the state of North Dakota overall. Annual household income of $71,875 in ZIP Code 58067 is about 11% higher than the North Dakota median of $64,894. Additionally, median household income in this Rutland, ND region ($71,875) is approximately 14% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 58067 spend on housing costs?

Renters in ZIP Code 58067 spend a lower amount of their income on rent costs than do renters in North Dakota overall. Renters in ZIP Code 58067 spend an estimated 23.29% of their income on rent payments, which is about 12% lower than the overall North Dakota estimated rate of 26.54%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 22% higher than the ZIP Code 58067 estimated rate of 23.29%.
9

Do renters in ZIP Code 58067 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 58067 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 58067 spending 30 percent or more of their income on rent costs (15.4%) is approximately 60% lower than the North Dakota rate of 38.7% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 69% higher than the aforementioned 58067 rate of 15.4%.
10

What is the average household size of renter-occupied units in ZIP Code 58067?

The average household size of renter-occupied units in ZIP Code 58067 is lower than in the state of North Dakota overall. Annual household size of 1.92 in ZIP Code 58067 is about 4% lower than the North Dakota median of 1.99. Additionally, median household size in this Rutland, ND region (1.92) is approximately 23% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other North Dakota ZIP Codes