Rent vs. Buy in Cass County, ND

Should you rent or buy in Cass County? Here are the numbers.

Median Home Price

$270,300

Median Rent

$909/mo

Price-to-Rent Ratio

24.8x

Homeownership Rate

52.3%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,367
Property Tax$275
Insurance$90

Total Monthly$1,732

Renting

Monthly Rent$909
Renter's Insurance$25

Total Monthly$934

In Cass County, buying costs approximately $823/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Cass County, North Dakota

Cass County in North Dakota has a median household income of $73,249 and an effective property tax rate of 1.2%. With a price-to-rent ratio of 24.8x, renting may be more cost-effective in the short term.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in North Dakota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.