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Cass County, ND

Rent vs Own in Cass County, North Dakota

HUD prices a 2-bedroom in Cass County at $1,112/mo while the ownership stack lands near $1,891/mo. That mid-sized gap is large enough that rate or down-payment tweaks usually cannot close it alone. Owner-occupied homes: 43,623.

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Renting is cheaper in Cass County

A 2-bedroom rental here runs $1,112/mo, meaningfully below the $1,891/mo ownership stack on the default assumptions. That is a $779/mo difference.

Based on 20% down, 6.5% rate, 30-year mortgage. Adjust below.

What This Data Tells Us About Renting vs Owning in Cass County

Primary driver

Renting compares well inside the state

Using the assumptions above, Cass County ranks 51 of 53 North Dakota counties for buy-vs-rent value (rank 1 = the best relative deal for buying). It sits ahead of 2 other North Dakota counties on this measure.

Decision signal 2

Renting wins by a mid-sized monthly gap

Cass County lists a $298,000 median home with $3,564/yr property tax (1.20%). HUD's $1,112/mo 2-bedroom rent undercuts the ~$1,891/mo ownership stack by a mid-range margin of about $779/mo. Closing that gap usually takes more than a cosmetic rate tweak, price, tax load, or both.

Decision signal 3

HUD moved the rent benchmark up

HUD raised its 2-bedroom Fair Market Rent for Cass County from $1,012/mo in FY2025 to $1,112/mo in FY2026: it increased by $100/mo (+9.9%). A rising rent benchmark widens the gap in favour of owning over time, because the mortgage share of the ownership cost below is fixed at origination while the rent it is compared against reprices every year.

Decision signal 4

Price and income sit in the middle band

Median household income is $75,555, for a 3.9x home-price-to-income ratio in the middle of the national distribution; property tax takes 4.7% of that income. Small changes in down payment or rate move this county across the rent-vs-own line more than they would in a high-ratio market.

Methodology & disclaimer

This calculator is for informational purposes only and is not tax, legal, or financial advice. Property tax figures come from the U.S. Census Bureau ACS 5-Year Estimates and rent figures come from HUD Fair Market Rents; both describe area medians, not individual transactions. Insurance is estimated at 0.35% of home value annually and closing costs, maintenance, HOA, and PMI are not included. Consult a licensed mortgage, tax, or real-estate professional before making a buy-or-rent decision based on these numbers.

Monthly Cost Breakdown

Estimated Monthly Ownership
$1,891
Mortgage (P&I) $1,507
Property Tax $297
Insurance (est.) $87
Monthly Rent (2-BR FMR)
$1,112
Studio$768
1-Bedroom$917
2-Bedroom$1,112
3-Bedroom$1,547
4-Bedroom$1,865

Adjust Your Scenario

Affordability Context

Median Household Income
$75,555
$6,296/mo
Home Price / Income
3.9x
Moderate (3-5x)
Tax-to-Income Ratio
4.7%
National benchmark: 2-4%

Who actually pays it here

Even with the loan gone, the largest group of Cass County owners still owes $3,000 or more every year - a recurring holding cost of a few hundred dollars a month, which is why "paid off" understates the real cost of keeping property here.

Unusually for Cass County, returns above $200,000 form the single largest block claiming it, a concentration only a minority of US counties show and a marker of high property values.

With ownership already mid-range more expensive than rent month-to-month, that annual bill reinforces why cash-flow renters stay put unless they are deliberately buying for tenure rather than monthly savings.

Bill bands are Census ACS counts of owner-occupied homes without a mortgage. Income brackets are IRS Statistics of Income county data for tax year 2022, counted over FILERS reporting real-estate taxes on Schedule A, which is a smaller group than homeowners: most filers take the standard deduction.

Nearby Counties

Burleigh County
Home: $324,000 Tax: $2,863/yr
Ward County
Home: $267,100 Tax: $2,859/yr
Grand Forks County
Home: $252,700 Tax: $2,900/yr
Morton County
Home: $263,900 Tax: $2,686/yr
Stark County
Home: $271,700 Tax: $2,411/yr
Williams County
Home: $284,800 Tax: $1,939/yr

Frequently Asked Questions

Is it cheaper to rent or buy in Cass County, North Dakota? ▼
Renting the HUD 2-bedroom is the clearer monthly path in Cass County by roughly $779/mo under default loan assumptions. Closing a gap this size usually needs a meaningfully lower price or rate, not a cosmetic tweak.
What is the average rent in Cass County? ▼
HUD prices a 2-bedroom unit at $1,112/mo here. Sizing up matters: going from a studio to a 4-bedroom adds about $1,097/mo, so the per-bedroom jump is worth checking against your actual space needs before assuming the 2-BR figure applies to your situation.
How does Cass County compare to other North Dakota counties for renting vs buying? ▼
Out of 53 North Dakota counties ranked here on buy-vs-rent value, Cass County lands at spot 51, putting it in the more rent-favorable quarter of the state. The <a href="/states/north-dakota">North Dakota state page</a> lists every peer county's tax bill beside this one.
How much house can you afford in Cass County? ▼
On the common 3x-income guideline, a $75,555 household here can afford up to $226,665 -- about $71,335 short of this county's $298,000 median home. That gap is typically closed with a larger down payment, dual incomes, or a longer search outside the median price band.
Is rent going up or down in Cass County? ▼
HUD's 2-bedroom Fair Market Rent figure has risen 9.9% between the FY2025 and FY2026 publications, the two most recent years tracked here.
What is the median home price in Cass County? ▼
$298,000, per the Census Bureau's ACS 5-Year Estimates. The property tax on that value works out to roughly 1.20% a year, in line with typical rates for the area.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from the U.S. Census Bureau (American Community Survey). See our methodology for details. Retrieved and formatted by PlainPropertyTax

Source: U.S. Census Bureau, Government Finances State and local property tax revenue by jurisdiction · 2025

Verify with HUD →