Bismarck, ND

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Bismarck short-term rental market based on reliable data.

Listings

131 / 293

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$24,072

Middle-Earners Revenue

Occupancy

75%

Middle-Earners Occupancy

Home Value

$363,860

Median Home Sale Price

Top Earners

$47,175

Top-Earners Revenue

Bismarck

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bismarck.

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A

Very Investor friendly

Bismarck Regulations

Bismarck explicitly allows short‑term rentals citywide without city permits or caps, and the only formal step is straightforward state sales‑tax/lodging‑tax registration; the city’s tone is permissive and supportive, making compliance simple and low‑cost.

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About Bismarck

Bismarck (; from 1872 to 1873: Edwinton) is the capital of the U.S. state of North Dakota and the county seat of Burleigh County. It is the state's 2nd most populous city, after Fargo. The city's population was 73,622 in the 2020 census, while its metropolitan population was 133,626. In 2020, Forbes magazine ranked Bismarck as the seventh fastest-growing small city in the United States.Bismarck was founded by European-Americans in 1872 on the east bank of the Missouri River. It has been North Dakota's capital city since 1889, when the state was created from the Dakota Territory and admitted to the Union.Bismarck is across the river from Mandan, named after a Native American tribe of the area. The two cities comprise the core of the Bismarck–Mandan Metropolitan Statistical Area. The North Dakota State Capitol is in central Bismarck. The state government employs more than 4,600 in the city. As a hub of retail and health care, Bismarck is the economic center of south-central North Dakota and north-central South Dakota.

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