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Palermo, ND
Full City Profile · North Dakota · Mountrail County County
1.1
/5.0
F
Poor
107
Population
48/sq mi density
$48,300
Home Value
$237,879 Zillow
$938
Median Rent
25.8% income on rent
39°F
Avg Temperature
274 sunny days/yr
45
Violent Crime/100K
535 property/100K
F
Overall
1.1 / 5.0
Below average overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
45 violent crimes/100K
F
Education
1.2 / 5.0
2.2% bachelor's degree or higher
Housing Overview
Median Home Value
$48,300
83% below
US avg: $281,900
Median Rent
$938/mo
19% below
US avg: $1,163/mo
Homeownership Rate
43.1%
34% below US avg (65.4%)
Total Housing Units
76
Median year built: 1958
Home Value by Source
Census Median
$48,300
Zillow (ZHVI)
$237,879
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
43.1%
Owner-Occupied
56.9%
Renter-Occupied
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:
$938/mo
Affordability & Housing Stock
Rent Burden
25.8%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
43.1%
Complete Housing Data
Home Values
| Census Median Value | $48,300 |
| Zillow Home Value (ZHVI) | $237,879 |
Rent
| Census Median Rent | $938 |
| 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-Occupied | 43.1% |
| Renter-Occupied | 56.9% |
| Homeownership Rate | 43.1% |
| Total Housing Units | 76 |
| Median Year Built | 1958 |
| Rent Burden | 25.8% |