A free resource by NextGen Coastal — monthly OC rental market intelligence

Comparing Horace vs West Fargo vs Bismarck

Live from the NGP-Rental-Data warehouse. Pick 2 to 4 cities and see them side by side.

Cities to compare (2 to 4)

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Headline numbers

Horace

ND

$2,350

YoY change
Vacancy
0.0%
2-BR rent
Cap rate
Renter share
5.6%

West Fargo

ND

$1,531

YoY change
+5.1%
Vacancy
6.1%
2-BR rent
Cap rate
Renter share
35.6%

Bismarck

ND

$1,316

YoY change
+8.5%
Vacancy
6.8%
2-BR rent
Cap rate
Renter share
34.5%

All values from the NGP-Rental-Data warehouse. Updated March 2026. See methodology.

Rent index — overlaid, last 5 years

ZORI rent index — Horace vs West Fargo vs Bismarck

Monthly Zillow ZORI rent index. Data updates monthly. Source: methodology.

Demographics & income

Metric HoraceWest FargoBismarck
Median household income $138,578$90,665$78,387
Median age 33.933.338.9
Renter household share 5.6%35.6%34.5%
YoY rent change +5.1%+8.5%
Cap rate (overall)
$/unit (MFR)

Demographics: Census ACS5 2019-2024. Rent & cap rate: NGP-Rental-Data warehouse (see methodology). Cells marked "—" mean the metric isn't available for that geography in any free public source we ingest.