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Rental Insights for ZIP Code 58772 (Portal, ND)

Housing Rentals in ZIP Code 58772 (Portal, ND)

58772 ZIP Code in North Dakota

A Deep Analysis of Housing Rentals in the ZIP Code 58772

The 58772 ZIP Code is principally located in Portal, ND in Burke County. This region of North Dakota has an estimated median housing rent of $690 per month. Approximately 19.3% of housing units in this Burke County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of zero.

The median rent in ZIP Code 58772 of $690 per month is 16% 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 68.8% of residents in ZIP Code 58772 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 12.5% of renters in this Portal, ND region pay between $1,000 and $1,499 per month for rent.

ZIP Code 58772 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 58772

See the chart below for a comparison of monthly rental costs in ZIP Code 58772, North Dakota, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 58772 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 58772

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

Cost ZIP 58772 North Dakota U.S.
Less than $500 18.8% 13.1% 9.4%
$500 to $999 68.8% 55.8% 36.2%
$1,000 to $1,499 12.5% 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 58772

Renters in ZIP Code 58772 use an estimated 12.19% of their income to cover their monthly rent payments. That is about 54% 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 58772 renters use about 59% less of their income to cover rent expense. Household income figures for ZIP Code 58772 come in higher than in North Dakota as a whole. The median annual household income in ZIP Code 58772 of $94,038 sits approximately 45% higher than the overall North Dakota median income of $64,894 and approximately 50% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 58772

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 58772, 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 58772 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 58772

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

Rent Cost as % of Income ZIP 58772 North Dakota U.S.
Less than 15.0 percent 87.5% 21.6% 13.1%
15.0 to 19.9 percent 0.0% 15.6% 12.9%
20.0 to 24.9 percent 0.0% 14.5% 12.9%
25.0 to 29.9 percent 12.5% 9.6% 11.6%
30.0 to 34.9 percent 0.0% 7.0% 9.1%
35.0 percent or more 0.0% 31.7% 40.5%

Household Income in ZIP Code 58772

See the table below for the regional comparison of annual household income in ZIP Code 58772.

Income ZIP 58772 North Dakota U.S.
Less than $10,000 0.0% 5.7% 6.0%
$10,000 to $14,999 1.1% 4.0% 4.3%
$15,000 to $24,999 13.6% 8.1% 8.9%
$25,000 to $34,999 0.0% 8.6% 8.9%
$35,000 to $49,999 1.1% 12.1% 12.3%
$50,000 to $74,999 18.2% 17.9% 17.2%
$75,000 to $99,999 23.9% 14.3% 12.7%
$100,000 to $149,999 25.0% 17.1% 15.1%
$150,000 to $199,999 6.8% 6.3% 6.8%
$200,000 or more 10.2% 5.9% 7.7%

Household Income in ZIP Code 58772

See the chart below for a comparison of annual household income figures in ZIP Code 58772, North Dakota, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 58772 alongside the same figures for the state of North Dakota and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 58772

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 58772.

ZIP 58772 North Dakota U.S.
Median Housing Rent $690 $826 $1,062
Renter-Occupied Housing Units 19.3% 37.6% 36.0%
Rental Vacancy Rate 0.0% 9.6% 6.0%
Average Size of Renter-Occupied Unit 1.53 1.99 2.49
Average # of Bedrooms Per Unit 2.92 2.84 2.75
Percent of Income Spent on Rent 12.19% 26.54% 29.83%
Per Capita Income $56,888 $36,062 $34,103
Median Household Income $101,031 $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 58772

In ZIP Code 58772 (Portal, ND), and estimated 19.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 58772 is estimated at $56,888, which goes along with an estimated median household income of $101,031. About 1.9% of residents in this Burke County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.53 occupants, while the units have an aggregate average size of 2.92 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 12.19% of their income on housing rental costs.

Rental FAQs for ZIP Code 58772

1

What is the median monthly rent in ZIP Code 58772?

Median rent for housing in ZIP Code 58772 in Burke County in North Dakota is approximately $690 per month.
2

Is it expensive to rent in ZIP Code 58772?

Rent in ZIP Code 58772 is lower than average in the state of North Dakota overall. The median monthly rent of $690 in ZIP Code 58772 is approximately 16% lower than the North Dakota median of $826. Additionally, median rent in this Portal, ND region ($690) 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 58772?

High-priced rentals are not common in the Portal, ND ZIP Code of 58772, 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 58772?

Affordable rentals are more common in ZIP Code 58772 than in North Dakota overall. The percentage of housing rentals in ZIP Code 58772 costing $999 or less per month (87.6%) is approximately 27% 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 92% lower than the previously mentioned 58772 rate of 87.6%.
5

What is the most common cost range that rentals fall into in ZIP Code 58772?

The most common range for rental cost in ZIP Code 58772 is between $500 and $999 per month. About 68.8% of renters in 58772 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 58772 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 58772 is lower than the rental vacancy rate in the state of North Dakota overall. Rental vacancy of 0.0% in ZIP Code 58772 is about 100% lower than the North Dakota rate of 9.6%. Looking more broadly, rental vacancy in this Portal, ND region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 58772? How does it compare to other North Dakota regions?

Median household income in ZIP Code 58772 is higher than in the state of North Dakota overall. Annual household income of $94,038 in ZIP Code 58772 is about 45% higher than the North Dakota median of $64,894. Additionally, median household income in this Portal, ND region ($94,038) is approximately 50% 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 58772 spend on housing costs?

Renters in ZIP Code 58772 spend a lower amount of their income on rent costs than do renters in North Dakota overall. Renters in ZIP Code 58772 spend an estimated 12.19% of their income on rent payments, which is about 54% 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 59% higher than the ZIP Code 58772 estimated rate of 12.19%.
9

Do renters in ZIP Code 58772 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 58772 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 58772 spending 30 percent or more of their income on rent costs (0%) is approximately 100% 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 100% higher than the aforementioned 58772 rate of 0%.
10

What is the average household size of renter-occupied units in ZIP Code 58772?

The average household size of renter-occupied units in ZIP Code 58772 is lower than in the state of North Dakota overall. Annual household size of 1.53 in ZIP Code 58772 is about 23% lower than the North Dakota median of 1.99. Additionally, median household size in this Portal, ND region (1.53) is approximately 39% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other North Dakota ZIP Codes