Rent to own Homes in Mandan, ND
Mandan, North Dakota, is the county seat of Morton County with a population of 18,331. It's one of the largest cities in North Dakota and is part of the Bismarck-Mandan Metropolitan Area. The city was founded in 1881 as a result of railroad expansion in the area. Mandan has a booming economy and many activities for people of all ages.
Mandan, ND is a great place for affordable rent-to-own homes! With a median household income of over $71,357 and a median rent of $877, the Mandan, ND rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Mandan, ND. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Mandan, ND is seeing rapid growth and Mandan, ND's' housing market remains not optimal with an average home price that is 2% above the 2024 national average. Mandan, ND is part of Morton county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Morton is 1.79% which is above the national average, which is 0.99%.
Median Home Price in Mandan, ND
Median Rent in Mandan, ND
Top 6 Reasons to Live in Mandan, ND
Find your forever home here! Mandan has plenty of homes available to buy or rent to own on the market. You can find a three-bedroom, two-bathroom house for around $250,000 in the area. Look near Canyon Road or in the Lakewood Village neighborhood for a good deal.
Affordable rental properties! If you decide that a mortgage isn't quite right, there are rental homes available in Mandan, too. A three-bedroom, two-bathroom townhome or conventional home costs between $1,500 and $2,000 per month. You can find home options on Marina Road or First Avenue.
Plenty of dining options! Mandan has tons of food varieties available for those nights when cooking just isn't an option. Station West Bar and Grill is one of the local favorites that serves up dishes like slaw burgers and salads. If you'd like more ethnic choices, try Harvest Brazilian Grill. Meat lovers can find a delicious steak at Bonanza Steakhouse.
Fun attractions for everyone! Mandan has plenty of fun activities for people of all ages. The North Dakota Railroad Museum is located here and is open seasonally from Memorial Day to Labor Day. Prairie West Golf Course is a favorite for golf enthusiasts, and the All Seasons Arena offers ice skating throughout the colder months. In the summer, hit the Raging Rivers Water Park to cool down. The Huff Hills Ski Area is a great activity for the snowiest months of the year.
Community events throughout the year! Citizens of Mandan love to come together for community events each year. Ft. Lincoln showcases a Haunted Fort experience in the fall and an Old Fashioned Frontier Dinner during the winter holidays. The Summer Band Shell is a popular concert series offered each summer.
Lots of local boutiques! Mandan has plenty of stores for shopping, but the boutiques in the area are unique. Five Nations Arts Depot offers goods from artists in the area, and the Mandan Western Shop has everything you need for a new life in the West.