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

Horace, ND

As of July 2025, Horace's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Horace's average rent is 67.3% ($754) higher than the North Dakota average of $1,121 and 5.6% ($100) higher than the U.S. average of $1,775.

Average Rent

$1,875

Monthly ChangeMonth Over Month Change

2.4% ($44)

Yearly ChangeYear Over Year Change

111.4% ($988)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,482	3.1% ($44)	97.3% ($731)
2 Beds	$1,706	No change	100.9% ($857)
3 Beds	$2,403	0.2% ($5)	116.7% ($1294)

Nearby Cities	Average Rent	Avg. Rent vs. HoraceAverage Rent vs. Horace	Avg. Days on MarketAverage Days on Market
West Fargo	$1,270	32.3% ($605)	47 days
Fargo	$1,166	37.8% ($709)	41 days
Moorhead	$1,267	32.4% ($608)	38 days
Dilworth	$1,045	44.3% ($830)	57 days
Glyndon	$760	59.5% ($1115)	52 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Horace Rental Market FAQs

Explore rental prices, market trends, and availability in Horace, ND.

What is the average rent in Horace, ND?

The average rent in Horace, ND is $1,875 per month.

What is the rental price range for houses in Horace, ND?

Houses in Horace typically rent for between $1,037 and $3,124 per month, with an average of $1,875 per month.

What is the average rent for different bedroom sizes in Horace, ND?

In Horace, the average rent for a 1-bedroom house is $1,482 per month, for a 2-bedroom house, $1,706 per month, and a 3-bedroom house is $2,403 per month.

How do rent prices in Horace, ND compare with the national average?

The average rent in Horace is 5.6% ($100) higher than the national average of $1,775 per month.

How have rent prices in Horace, ND changed recently?

The average rent in Horace has increased by 2.4% ($44) in the last month and increased by 111.4% ($988) over the past year.

How competitive is the rental market in Horace, ND?

The rental market in Horace, ND, is currently stable, offering a predictable rental market where most units lease within a few weeks.

How long do rentals stay on the market in Horace, ND?

In Horace, ND, the average rental stays on the market for approximately 42 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Horace, ND?

There are currently 12 rental properties available in Horace, ND.

Can I afford to rent a house in Horace, ND?

Based on the current averages, a household would need an annual income of $68,240 to comfortably afford a 2-bedroom house in Horace.