Bismarck, ND

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

130 / 300

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$25,346

Middle-Earners Revenue

Occupancy

76%

Middle-Earners Occupancy

Home Value

$378,396

Median Home Sale Price

Top Earners

$50,795

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, the capital of North Dakota, sits on the eastern bank of the Missouri River in central North Dakota, mostly within Burleigh County (with portions extending into adjacent Morton County across the river). With a metropolitan-area population of roughly 130,000 and a city population of approximately 80,000, it functions as the state's political, healthcare, and energy-services hub and carries the steady, civic-minded rhythm of a state capital. Bismarck is best known as the seat of North Dakota's government and as a convenient gateway to the western part of the state, including the rugged Badlands and Theodore Roosevelt National Park. The nearest larger city is Fargo, which lies roughly 190 miles to the east along Interstate 94, a drive of about three hours.

A short drive from downtown leads to the North Dakota State Capitol, an Art Deco tower completed in 1934 and one of the tallest statehouse buildings in the country. Its observation deck offers wide views over the city and the Missouri River valley, and the surrounding grounds are anchored by the North Dakota Heritage Center & State Museum, which traces the state's natural and human history from the age of dinosaurs to the present day. Both are free to visit and within minutes of central accommodations, making them an easy first stop for first-time visitors.

Just south of Bismarck, across the river near Mandan, Fort Abraham Lincoln State Park preserves the reconstructed military post where George Armstrong Custer was headquartered before his march to the Little Bighorn. The park includes the Custer House, the On-A-Slant Indian Village reconstruction of Mandan earthlodges, and riverfront trails along the Missouri. It is roughly 15 minutes from downtown Bismarck, making it a popular day trip for travelers interested in both Plains Indian history and the military history of the American West.

Further afield, Theodore Roosevelt National Park, in the Little Missouri Badlands of western North Dakota, is one of the state's signature destinations, known for its colorful buttes, prairie dog towns, and roaming bison. The South Unit entrance, near Medora, is about 130 miles west of Bismarck, a drive of roughly two hours, and pairs naturally with stops in Medora, a small Western-themed town at the park's edge that hosts a famous outdoor musical in summer. Closer to the capital, the Lewis and Clark Interpretive Center in Washburn, roughly an hour north, focuses on the Corps of Discovery's winter at Fort Mandan in 1804–1805 and the explorers' journey up the Missouri.

Bismarck's combination of a stable, year-round economy anchored in state government and healthcare, paired with easy access to the Badlands, the Missouri River corridor, and several nationally significant historic sites, gives it a varied draw for short-term-rental visitors. Government travel, regional conferences, hunting and fishing seasons, and road-trippers heading to or from Theodore Roosevelt National Park all contribute to demand, while the city's compact, walkable downtown makes it a comfortable base for travelers exploring central and western North Dakota.

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