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Drake, ND

Full City Profile · North Dakota · Sheridan County County

2.5 /5.0
C+ Fair
245 Population 124/sq mi density
$46,875 Median Income $35,667 per capita
$76,700 Home Value $85,487 Zillow
$713 Median Rent 40.8% income on rent
40°F Avg Temperature 273 sunny days/yr
112 Violent Crime/100K 1,786 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$46,875 median income, 9.9% unemployment
A+
Affordability
5.0 / 5.0
$76,700 home value, $713/mo rent
F
Safety
1.0 / 5.0
112 violent crimes/100K
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher

Housing Overview

Median Home Value
$76,700
73% below
US avg: $281,900
Median Rent
$713/mo
39% below
US avg: $1,163/mo
Homeownership Rate
83.2%
27% above US avg (65.4%)
Total Housing Units
189
Median year built: 1949

Home Value by Source

Census Median
$76,700
Zillow (ZHVI)
$85,487
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.2%
Owner-Occupied
16.8%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$769/mo
1 Bedroom
$795/mo
2 Bedroom
$965/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,588/mo
Census median rent: $713/mo

Affordability & Housing Stock

Rent Burden
40.8%
of renters spending 30%+ of income on housing
32% above US avg (31.0%)
Median Year Built
1949
Average age of housing stock: 77 years
Homeownership Rate
83.2%

Complete Housing Data

Home Values

Census Median Value$76,700
Zillow Home Value (ZHVI)$85,487

Rent

Census Median Rent$713
FMR Studio$769
FMR 1-Bedroom$795
FMR 2-Bedroom$965
FMR 3-Bedroom$1,297
FMR 4-Bedroom$1,588

Market

Ownership & Stock

Owner-Occupied83.2%
Renter-Occupied16.8%
Homeownership Rate83.2%
Total Housing Units189
Median Year Built1949
Rent Burden40.8%