US5.com
  1. Home
  2. States
  3. North Dakota
  4. ZIP 58623
  5. Housing & Real Estate
Bowman city, ND

ZIP 58623 — 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 58623

Median Home Value
$183,400
Median Rent
$695
Affordability Snapshot
$50,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,178/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.

22.0 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 58623 in Bowman city, ND, a household would need roughly $50,000 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 $1,178. That sits below the local median household income ($72,188), 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

Vacancy rate 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.5%+25% vs US avg
x
Vacancy Rate
24.8%+141% vs US avg
x
Broadband Access
87.1%+0% vs US avg
x
4+ Bedrooms
7.6%-49% vs US avg
x
Built Pre-1939
12.9%+1% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
4.6%-91% vs US avg
x
Mortgage-Free
59.1%+55% vs US avg
x
$183,400
Home Value
$695
Rent
1971
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached76.2%
  • 1-unit attached3.2%
  • 2-9 units7.2%
  • 10+ units3.6%
  • Mobile home & other9.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$183,400
Median rent$695
Owner-occupied81.5%
Vacant24.8%
Price-to-income2.5x
Est. income to buy$50,000