Watford City, ND
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Watford City short-term rental market based on reliable data.
Listings
9 / 15
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$17,960
Middle-Earners Revenue
Occupancy
47%
Middle-Earners Occupancy
Home Value
$366,793
Median Home Sale Price
Top Earners
$39,859
Top-Earners Revenue
Watford City
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Watford City.
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Generally Investor friendly
Watford City Regulations
STRs are permitted and treated like normal residential use under zoning, with standard permits (no special STR license), reasonable state lodging tax, and no explicit caps. The main friction is standard building permits and site plans plus upcoming ordinance updates creating modest compliance and monitoring costs.
Local STR Agent
STR specialist · Watford City, ND
About Watford City
Watford City (Hidatsa: abaʔaruʔush), founded in 1914, is a city in and the county seat of McKenzie County, North Dakota, United States. The population was 6,207 at the 2020 census, making it the 13th most populous city in North Dakota. Because Watford City is part of the Bakken field, the North Dakota oil boom has significantly increased population and construction since the 2010 census.The main offices of Frontier Energy Group, First International Bank, and the headquarters of McKenzie Electric Cooperative are in Watford City. The local newspaper is the McKenzie County Farmer.