Watford City, ND

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

9 / 21

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$19,458

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$374,113

Median Home Sale Price

Top Earners

$42,863

Top-Earners Revenue

Watford City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Watford City.

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B

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.

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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.

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