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Rental Insights for ZIP Code 58621 (Beach, ND)

Housing Rentals in ZIP Code 58621 (Beach, ND)

58621 ZIP Code in North Dakota

A Deep Analysis of Housing Rentals in the ZIP Code 58621

The 58621 ZIP Code is principally located in Beach, ND in Golden Valley County. This region of North Dakota has an estimated median housing rent of $689 per month. Approximately 30.0% of housing units in this Golden Valley County ZIP Code are renter-occupied, and the region has an estimated vacancy rate of 12.9%.

The median rent in ZIP Code 58621 of $689 per month is 17% lower than the aggregate North Dakota median monthly rent of $826, and is 35% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 74.0% of residents in ZIP Code 58621 pay between $500 and $999 per month for rent. That is 33% higher than in North Dakota overall, in which 55.8% of total state residents pay between $500 and $999 per month for housing. Just 12.4% of renters in this Beach, ND region pay less than $500 for monthly rent.

ZIP Code 58621 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 58621

See the chart below for a comparison of monthly rental costs in ZIP Code 58621, North Dakota, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 58621 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 58621

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

Cost ZIP 58621 North Dakota U.S.
Less than $500 12.4% 13.1% 9.4%
$500 to $999 74.0% 55.8% 36.2%
$1,000 to $1,499 13.6% 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 58621

Renters in ZIP Code 58621 use an estimated 27.64% of their income to cover their monthly rent payments. That is about 4% higher 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 58621 renters use about 7% less of their income to cover rent expense. Household income figures for ZIP Code 58621 come in lower than in North Dakota as a whole. The median annual household income in ZIP Code 58621 of $58,214 sits approximately 10% lower than the overall North Dakota median income of $64,894 and approximately 7% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 58621

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 58621, 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 58621 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 58621

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

Rent Cost as % of Income ZIP 58621 North Dakota U.S.
Less than 15.0 percent 18.6% 21.6% 13.1%
15.0 to 19.9 percent 4.0% 15.6% 12.9%
20.0 to 24.9 percent 32.2% 14.5% 12.9%
25.0 to 29.9 percent 6.8% 9.6% 11.6%
30.0 to 34.9 percent 4.0% 7.0% 9.1%
35.0 percent or more 34.5% 31.7% 40.5%

Household Income in ZIP Code 58621

See the table below for the regional comparison of annual household income in ZIP Code 58621.

Income ZIP 58621 North Dakota U.S.
Less than $10,000 4.6% 5.7% 6.0%
$10,000 to $14,999 3.2% 4.0% 4.3%
$15,000 to $24,999 13.6% 8.1% 8.9%
$25,000 to $34,999 12.5% 8.6% 8.9%
$35,000 to $49,999 8.9% 12.1% 12.3%
$50,000 to $74,999 26.3% 17.9% 17.2%
$75,000 to $99,999 11.3% 14.3% 12.7%
$100,000 to $149,999 12.1% 17.1% 15.1%
$150,000 to $199,999 3.2% 6.3% 6.8%
$200,000 or more 4.3% 5.9% 7.7%

Household Income in ZIP Code 58621

See the chart below for a comparison of annual household income figures in ZIP Code 58621, North Dakota, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 58621 alongside the same figures for the state of North Dakota and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 58621

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 58621.

ZIP 58621 North Dakota U.S.
Median Housing Rent $689 $826 $1,062
Renter-Occupied Housing Units 30.0% 37.6% 36.0%
Rental Vacancy Rate 12.9% 9.6% 6.0%
Average Size of Renter-Occupied Unit 1.89 1.99 2.49
Average # of Bedrooms Per Unit 3 2.84 2.75
Percent of Income Spent on Rent 27.64% 26.54% 29.83%
Per Capita Income $36,057 $36,062 $34,103
Median Household Income $73,195 $85,476 $88,607
Living Below the Poverty Line 1.9% 6.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 58621

In ZIP Code 58621 (Beach, ND), and estimated 30.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 12.9%.

The per capita income in 58621 is estimated at $36,057, which goes along with an estimated median household income of $73,195. About 1.9% of residents in this Golden Valley County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.89 occupants, while the units have an aggregate average size of 3 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.64% of their income on housing rental costs.

Rental FAQs for ZIP Code 58621

1

What is the median monthly rent in ZIP Code 58621?

Median rent for housing in ZIP Code 58621 in Golden Valley County in North Dakota is approximately $689 per month.
2

Is it expensive to rent in ZIP Code 58621?

Rent in ZIP Code 58621 is lower than average in the state of North Dakota overall. The median monthly rent of $689 in ZIP Code 58621 is approximately 17% lower than the North Dakota median of $826. Additionally, median rent in this Beach, ND region ($689) is about 35% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 58621?

High-priced rentals are not common in the Beach, ND ZIP Code of 58621, 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 58621?

Affordable rentals are more common in ZIP Code 58621 than in North Dakota overall. The percentage of housing rentals in ZIP Code 58621 costing $999 or less per month (86.4%) is approximately 25% 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 89% lower than the previously mentioned 58621 rate of 86.4%.
5

What is the most common cost range that rentals fall into in ZIP Code 58621?

The most common range for rental cost in ZIP Code 58621 is between $500 and $999 per month. About 74.0% of renters in 58621 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 58621 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 58621 is higher than the rental vacancy rate in the state of North Dakota overall. Rental vacancy of 12.9% in ZIP Code 58621 is about 34% higher than the North Dakota rate of 9.6%. Looking more broadly, rental vacancy in this Beach, ND region (12.9%) is an estimated 115% 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 58621? How does it compare to other North Dakota regions?

Median household income in ZIP Code 58621 is lower than in the state of North Dakota overall. Annual household income of $58,214 in ZIP Code 58621 is about 10% lower than the North Dakota median of $64,894. Additionally, median household income in this Beach, ND region ($58,214) is approximately 7% lower 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 58621 spend on housing costs?

Renters in ZIP Code 58621 spend a higher amount of their income on rent costs than do renters in North Dakota overall. Renters in ZIP Code 58621 spend an estimated 27.64% of their income on rent payments, which is about 4% higher 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 7% higher than the ZIP Code 58621 estimated rate of 27.64%.
9

Do renters in ZIP Code 58621 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 58621 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 58621 spending 30 percent or more of their income on rent costs (38.5%) is approximately 1% 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 22% higher than the aforementioned 58621 rate of 38.5%.
10

What is the average household size of renter-occupied units in ZIP Code 58621?

The average household size of renter-occupied units in ZIP Code 58621 is lower than in the state of North Dakota overall. Annual household size of 1.89 in ZIP Code 58621 is about 5% lower than the North Dakota median of 1.99. Additionally, median household size in this Beach, ND region (1.89) is approximately 24% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other North Dakota ZIP Codes