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Oakes city, ND

ZIP 58474 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 58474

Median Home Value
$165,900
Median Rent
$694
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,066/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 58474 in Oakes city, ND, a household would need roughly $46,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,066. That sits below the local median household income ($66,900), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
80.8%+24% vs US avg
x
Vacancy Rate
6.7%-35% vs US avg
x
Broadband Access
85.9%-1% vs US avg
x
4+ Bedrooms
12.4%-16% vs US avg
x
Built Pre-1939
5.6%-56% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
30.1%-39% vs US avg
x
Mortgage-Free
50.1%+31% vs US avg
x
$165,900
Home Value
$694
Rent
1970
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.8%
  • 1-unit attached0.7%
  • 2-9 units11.4%
  • 10+ units1.5%
  • Mobile home & other4.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$165,900
Median rent$694
Owner-occupied80.8%
Vacant6.7%
Price-to-income2.5x
Est. income to buy$46,000