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As North Dakota grows, housing costs climb faster than homes can be built

Researchers say average-income households are being priced out and about a third of renters spend a large share of income on housing.

Summary by Inforum
FARGO — As North Dakota’s population growth continues, a new analysis from the Federal Reserve Bank of Minneapolis is taking a closer look at whether housing is keeping up. The big picture is that North Dakota is still one of the more affordable states in the country, but that doesn’t mean people aren’t feeling the squeeze, especially in places such as Fargo. A new report from the Federal Reserve Bank of Minneapolis looks at how a population bo…

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Inforum broke the news in Fargo, United States on Saturday, April 18, 2026.
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