Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Devils Lake & Beyond
Devils Lake shares many of the great qualities that make North Dakota a desirable place to live.
North Dakota is where grass fields and rolling prairies meet friendly communities with a rich history. Dive into the state's culture and heritage by visiting the North Dakota Heritage Center and Plains Art Museum or delving into esteemed institutions like the University of North Dakota, North Dakota State University, and Dickinson State University. North Dakota's economy is diverse, with thriving agriculture, energy, and technology industries. The state offers boundless opportunities for outdoor enthusiasts, from hunting and fishing in the Great Plains to skiing in the nearby mountains.
Sports fans will find plenty of excitement in North Dakota, with the option to attend thrilling college sports games at universities and participate in year-round activities such as hunting, fishing, and skiing. In addition, discover iconic attractions like the Theodore Roosevelt National Park, Fort Union Trading Post, Knife River Indian Villages National Historic Site, and the historic city of Bismarck.
Home to the Missouri River and Yellowstone National Park, North Dakota is a great place to live and work for those who enjoy outdoor recreation and a unique northern experience.
Rental Market Trends
Devils Lake, ND
As of June 2026, Devils Lake's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Devils Lake's average rent is 34.2% ($363) lower than the North Dakota average of $1,062 and 61.1% ($1,098) lower than the U.S. average of $1,797.
Average Rent
$699
Monthly ChangeMonth Over Month Change
1.6% ($11)
Yearly ChangeYear Over Year Change
1% ($7)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $617 | 2.5% ($15) | 3.7% ($22) |
| 2 Beds | $702 | 2.6% ($18) | 0.6% ($4) |
| 3 Beds | $956 | 2.6% ($24) | 3.7% ($37) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Devils Lake Rental Market FAQs
Explore rental prices, market trends, and availability in Devils Lake, ND.
The average rent in Devils Lake, ND is $699 per month.
Homes in Devils Lake typically rent for between $600 and $1,243 per month, with an average of $699 per month.
In Devils Lake, the average rent for a 1-bedroom home is $617 per month, for a 2-bedroom home, $702 per month, and a 3-bedroom home is $956 per month.
The average rent in Devils Lake is 61.1% ($1,098) lower than the national average of $1,797 per month.
The average rent in Devils Lake has increased by 1.6% ($11) in the last month and decreased by 1.0% ($7) over the past year.
The rental market in Devils Lake, ND, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Devils Lake, ND, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 2 rental properties available in Devils Lake, ND.
Based on the current averages, a household would need an annual income of $28,080 to comfortably afford a 2-bedroom home in Devils Lake.
