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Alexander city, ND

ZIP 58831 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 58831

Median Home Value
$384,100
Median Rent
$1,050
Affordability Snapshot
$106,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,467/mo PITI).

9%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

30.5 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 58831 in Alexander city, ND, a household would need roughly $106,000 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 $2,467. That sits below the local median household income ($133,750), 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 23% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.0%+12% vs US avg
x
Vacancy Rate
22.7%+121% vs US avg
x
Broadband Access
88.8%+2% vs US avg
x
4+ Bedrooms
11.1%-25% vs US avg
x
Built Pre-1939
2.3%-82% vs US avg
x
Built Post-2014
7.1%+3% vs US avg
x
Rent Burden >30%
4.5%-91% vs US avg
x
Mortgage-Free
46.0%+20% vs US avg
x
$384,100
Home Value
$1,050
Rent
2002
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached60.2%
  • 1-unit attached3.4%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other36.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$384,100
Median rent$1,050
Owner-occupied73.0%
Vacant22.7%
Price-to-income2.9x
Est. income to buy$106,000