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Rental Insights for ZIP Code 58771 (Plaza, ND)

Housing Rentals in ZIP Code 58771 (Plaza, ND)

58771 ZIP Code in North Dakota

A Deep Analysis of Housing Rentals in the ZIP Code 58771

The 58771 ZIP Code is principally located in Plaza, ND in Mountrail County. This region of North Dakota has an estimated median housing rent of $825 per month. Approximately 15.3% of housing units in this Mountrail County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 14.3%.

The median rent in ZIP Code 58771 of $825 per month is 0% lower than the aggregate North Dakota median monthly rent of $826, and is 22% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 68.8% of residents in ZIP Code 58771 have a monthly rent payment between $500 and $999. That is 23% higher than in North Dakota overall, in which 55.8% of total state residents pay between $500 and $999 per month for housing. Only 31.3% of renters in this Plaza, ND region pay between $1,000 and $1,499 per month for rent.

ZIP Code 58771 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 58771

See the chart below for a comparison of monthly rental costs in ZIP Code 58771, North Dakota, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 58771 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 58771

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

Cost ZIP 58771 North Dakota U.S.
Less than $500 0.0% 13.1% 9.4%
$500 to $999 68.8% 55.8% 36.2%
$1,000 to $1,499 31.3% 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 58771

Renters in ZIP Code 58771 use an estimated 25.66% of their income to cover their monthly rent payments. That is about 3% 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 58771 renters use about 14% less of their income to cover rent expense. Household income figures for ZIP Code 58771 come in lower than in North Dakota as a whole. The median annual household income in ZIP Code 58771 of $53,571 sits approximately 17% lower than the overall North Dakota median income of $64,894 and approximately 15% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 58771

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 58771, 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 58771 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 58771

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

Rent Cost as % of Income ZIP 58771 North Dakota U.S.
Less than 15.0 percent 37.5% 21.6% 13.1%
15.0 to 19.9 percent 18.8% 15.6% 12.9%
20.0 to 24.9 percent 0.0% 14.5% 12.9%
25.0 to 29.9 percent 0.0% 9.6% 11.6%
30.0 to 34.9 percent 0.0% 7.0% 9.1%
35.0 percent or more 43.8% 31.7% 40.5%

Household Income in ZIP Code 58771

See the table below for the regional comparison of annual household income in ZIP Code 58771.

Income ZIP 58771 North Dakota U.S.
Less than $10,000 4.7% 5.7% 6.0%
$10,000 to $14,999 3.0% 4.0% 4.3%
$15,000 to $24,999 10.6% 8.1% 8.9%
$25,000 to $34,999 4.2% 8.6% 8.9%
$35,000 to $49,999 22.5% 12.1% 12.3%
$50,000 to $74,999 24.2% 17.9% 17.2%
$75,000 to $99,999 9.3% 14.3% 12.7%
$100,000 to $149,999 10.6% 17.1% 15.1%
$150,000 to $199,999 7.2% 6.3% 6.8%
$200,000 or more 3.8% 5.9% 7.7%

Household Income in ZIP Code 58771

See the chart below for a comparison of annual household income figures in ZIP Code 58771, North Dakota, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 58771 alongside the same figures for the state of North Dakota and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 58771

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 58771.

ZIP 58771 North Dakota U.S.
Median Housing Rent $825 $826 $1,062
Renter-Occupied Housing Units 15.3% 37.6% 36.0%
Rental Vacancy Rate 14.3% 9.6% 6.0%
Average Size of Renter-Occupied Unit 1.58 1.99 2.49
Average # of Bedrooms Per Unit 2.87 2.84 2.75
Percent of Income Spent on Rent 25.66% 26.54% 29.83%
Per Capita Income $35,472 $36,062 $34,103
Median Household Income $71,733 $85,476 $88,607
Living Below the Poverty Line 5.1% 6.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 58771

In ZIP Code 58771 (Plaza, ND), and estimated 15.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 14.3%.

The per capita income in 58771 is estimated at $35,472, which goes along with an estimated median household income of $71,733. About 5.1% of residents in this Mountrail County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.58 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 25.66% of their income on housing rental costs.

Rental FAQs for ZIP Code 58771

1

What is the median monthly rent in ZIP Code 58771?

Median rent for housing in ZIP Code 58771 in Mountrail County in North Dakota is approximately $825 per month.
2

Is it expensive to rent in ZIP Code 58771?

Rent in ZIP Code 58771 is lower than average in the state of North Dakota overall. The median monthly rent of $825 in ZIP Code 58771 is approximately 0% lower than the North Dakota median of $826. Additionally, median rent in this Plaza, ND region ($825) is about 22% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 58771?

High-priced rentals are not common in the Plaza, ND ZIP Code of 58771, 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 58771?

Affordable rentals are less common in ZIP Code 58771 than in North Dakota overall. The percentage of housing rentals in ZIP Code 58771 costing $999 or less per month (68.8%) is approximately 0% lower 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 51% lower than the previously mentioned 58771 rate of 68.8%.
5

What is the most common cost range that rentals fall into in ZIP Code 58771?

The most common range for rental cost in ZIP Code 58771 is between $500 and $999 per month. About 68.8% of renters in 58771 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 58771 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 58771 is higher than the rental vacancy rate in the state of North Dakota overall. Rental vacancy of 14.3% in ZIP Code 58771 is about 49% higher than the North Dakota rate of 9.6%. Looking more broadly, rental vacancy in this Plaza, ND region (14.3%) is an estimated 138% 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 58771? How does it compare to other North Dakota regions?

Median household income in ZIP Code 58771 is lower than in the state of North Dakota overall. Annual household income of $53,571 in ZIP Code 58771 is about 17% lower than the North Dakota median of $64,894. Additionally, median household income in this Plaza, ND region ($53,571) is approximately 15% 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 58771 spend on housing costs?

Renters in ZIP Code 58771 spend a lower amount of their income on rent costs than do renters in North Dakota overall. Renters in ZIP Code 58771 spend an estimated 25.66% of their income on rent payments, which is about 3% 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 14% higher than the ZIP Code 58771 estimated rate of 25.66%.
9

Do renters in ZIP Code 58771 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 58771 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 58771 spending 30 percent or more of their income on rent costs (43.8%) is approximately 13% higher 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 12% higher than the aforementioned 58771 rate of 43.8%.
10

What is the average household size of renter-occupied units in ZIP Code 58771?

The average household size of renter-occupied units in ZIP Code 58771 is lower than in the state of North Dakota overall. Annual household size of 1.58 in ZIP Code 58771 is about 21% lower than the North Dakota median of 1.99. Additionally, median household size in this Plaza, ND region (1.58) is approximately 37% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other North Dakota ZIP Codes