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Jamestown vs Mandan:
Housing Costs in North Dakota

Side-by-side comparison of home prices, mortgage payments, and housing costs between Jamestown and Mandan, North Dakota. Using North Dakota's 0.98% property tax rate and $2,100/year insurance. Updated for 2026.

MetricJamestownMandan
Median Home Price$195K$285K
Population15,42722,752
Average Rent$820/mo$1,080/mo
Est. Monthly Mortgage (P&I)$1,109/mo$1,621/mo
Est. Monthly Property Tax$159/mo$233/mo
Est. Monthly Insurance$175/mo$175/mo
Est. Total PITI$1,517/mo$2,136/mo
Price-to-Rent Ratio19.822.0
Verdict

Jamestown is significantly more affordable than Mandan, with homes priced 32% lower on average. That translates to $619/month in savings on your total housing payment. For budget-conscious buyers in North Dakota, Jamestown offers a much more accessible path to homeownership.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses North Dakota's 0.98% property tax rate.

Jamestown
Home Price$195,000
Down Payment (10%)$19,500
Loan Amount$175,500
Monthly P&I$1,109
Monthly Property Tax$159
Monthly Insurance$175
Monthly PMI$73
Total PITI$1,517/mo
Annual property tax: $1,911
Mandan
Home Price$285,000
Down Payment (10%)$28,500
Loan Amount$256,500
Monthly P&I$1,621
Monthly Property Tax$233
Monthly Insurance$175
Monthly PMI$107
Total PITI$2,136/mo
Annual property tax: $2,793

Buying in Jamestown saves you approximately $619/month ($7,428/year) compared to Mandan, based on median home prices with identical loan terms.

Which City Is Better For...

First-Time Buyers

Jamestown is the better choice for first-time buyers, with a median price of $195K versus $285K in Mandan. That's $90K less to save for a down payment. You'd need roughly $7K for an FHA 3.5% down payment in Jamestown, compared to $10K in Mandan. North Dakota offers the NDHFA FirstHome program (DCA up to $14,000) which applies in both cities.

Real Estate Investment

Jamestown has the better price-to-rent ratio at 19.8x versus 22.0x in Mandan. A lower ratio generally signals better rental income relative to purchase price. Average rent in Jamestown is $820/month on a $195K median home, making it a stronger candidate for buy-and-rent investors.

Families

Mandan (pop. 22,752) offers more amenities, schools, and services typical of a larger city, while Jamestown (pop. 15,427) may offer a quieter, more community-oriented lifestyle. Families on a budget may prefer Jamestown, where lower housing costs free up more income for childcare, education, and savings.

Income Needed to Afford the Median Home

Jamestown
$65K
annual household income
Based on $1,517/mo PITI at 28% DTI
Mandan
$92K
annual household income
Based on $2,136/mo PITI at 28% DTI

Other Cities in North Dakota

Fargo$285K
Pop. 125,990 · Rent $1,120/mo
Bismarck$295K
Pop. 73,622 · Rent $1,150/mo
Grand Forks$245K
Pop. 56,588 · Rent $980/mo
Minot$255K
Pop. 49,788 · Rent $1,020/mo
West Fargo$315K
Pop. 38,626 · Rent $1,180/mo
Dickinson$275K
Pop. 25,026 · Rent $1,050/mo
Williston$295K
Pop. 29,160 · Rent $1,150/mo
Wahpeton$185K
Pop. 7,766 · Rent $750/mo

Explore North Dakota

North Dakota Mortgage Guide$255K median →
0.98% tax · $3K closing · $2,100/yr insurance
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