Rental market · ZIP 58577 · Washburn, ND

ZIP 58577, Washburn, ND rental market

Population 1,954 · Washburn, McLean County, ND · ZIP Code Tabulation Area

Ranked · ACS 2024 5-year

CGRADE
44.2/100 · Rental Investor ZIP Score
National rank #11,287 of 20,132 scored ZIP Codes
ND rank #35 of 110 · data confidence: high

Grade cut points, score out of 100: A from 63.7 · B from 54.7 · C from 42.4 · D from 28.1. This ZIP's 44.2 sits in the C band, which opens at 42.4 and ends below 54.7. The cut points are the model's own, read from the published ZIP dataset, and are identical for every ZIP Code area.

The four category scores that combine into the number above, on the model's own 0 to 100 score scale. These bars are not percentiles: for where those scores place this ZIP Code against every other scored one, see how this ZIP ranks below.

Cash Flow & Affordability ZIP data
52
Local Demand & Market Quality ZIP data
34
Surrounding-Market Growth county / place context
44
Stability & Risk ZIP + place context
49

Cash Flow & Affordability was scored using a measured (Zillow) home value, giving an effective price-to-income of 3.45× and tax burden of 0.88% of value: the number this category's score is actually based on, which can differ from the ACS survey value shown elsewhere on this page.

A transparent screening score, not a return forecast. Affordable, higher-yield markets can score well when demand, liquidity, low vacancy, reliable government data and a growing surrounding market support them. Categories labeled “context” use official county/place data, never presented as ZIP-level observation. ZIP and city scores are not directly comparable. See how this score works.

How this ZIP ranks: nationally & in-state

Each bar places this ZIP against all 20,132 scored ZIP Codes nationally. The marker is this ZIP and further right is more favorable to an investor; the tick is the median. Every position here is a percentile: the 0–100 scores and the grade they earn are stated once, in the card above, and this card states once where those same five numbers place this ZIP Code.

Overall Rental Investor ZIP Score
44th percentile
Cash Flow & Affordability
55th percentile
Local Demand & Market Quality
19th percentile
Surrounding-Market Growth county / place context
45th percentile
Stability & Risk ZIP + place context
53rd percentile
← 0th percentile50th (median)100th percentile →

Percentiles are the frozen model's own numbers among scored ZIP Codes (deterministic competition ranking); an unreliable or thin-peer in-state comparison reads “Not available,” never zero. All underlying figures are ACS survey estimates with margins of error. The comparability caveat and the method link for this score are stated once, in the card above.

What went into this score: 12 national factor percentiles

Cash Flow & Affordabilityweight 25% · category score 52

Gross rental yieldZIP observation
19th
Price to incomeZIP observation
65th
Property-tax burdenZIP observation
44th
Rent as a share of incomeZIP observation
82nd

Local Demand & Market Qualityweight 30% · category score 34

Population scaleZIP observation · scale, not quality
18th
Renter-household depthZIP observation · scale, not quality
25th
Renter share of householdsZIP observation
54th
Rental vacancyZIP observation
14th
Market heat (Zillow measured)ZIP observation
60th

Surrounding-Market Growthweight 25% · category score 44

County population growthcounty context
44th

Stability & Riskweight 20% · category score 49

Median year builtZIP observation
37th
ACS data confidenceZIP observation
61st

Every figure here is the frozen model’s own national percentile for one factor, read from the published ZIP dataset: 12 of the 15 factors this model defines were available for this ZIP Code. 3 of them could not be measured here (surrounding-market growth, surrounding-market stability, recently built share) and were left out of the average rather than filled in with a national guess. Higher is the direction the model treats as more favourable to a rental investor; population scale and renter-household depth are size, not quality. Each category score is the plain average of its own percentiles above; the overall score combines those four at the weights shown. The percentiles are published rounded to whole numbers, so averaging the printed figures lands a fraction of a point from the published score. Nothing on this panel is recomputed here, and a factor percentile is not a score.

Key metrics

1,954
Population

±220 ±11.2% moderate

$260,100
Median home value (ACS, owner-reported)

±$19,000 ±7.2% tight

$829
Median gross rent (ACS, incl. utilities)

±$74 ±8.9% tight

3.8%
Survey gross-rent yield (proxy)

Derived from ACS estimates: no published margin of error

$74,471
Median household income

±$18,000 ±24% moderate

10.2%
Rental vacancy

Derived from ACS estimates: no published margin of error

25.9%
Renter share

Derived from ACS estimates: no published margin of error

0.9%
Estimated property-tax burden

Derived from ACS estimates: no published margin of error

1973
Median year built

±4 years margin in years; a share of a year number would not mean anything

10.2%
Multifamily (5+ units)

Derived from ACS estimates: no published margin of error

Data vintage: ACS 2024 5-year · data confidence: high. Of the 10 figures above, 5 carry the Census Bureau's published 90% margin of error, printed on the card in the figure's own units and as a share of the estimate; and 5 are ratios derived from those estimates, which the Census Bureau publishes no margin for. The bar and the band word restate that printed share in three bands: tight under ±10%, moderate ±10% to ±25%, wide ±25% and over. A median year built is given a margin in years only, because a margin stated as a share of a year number would not mean anything; the bar is full at ±40%. A wider margin does not make an area worse, only less precisely measured.

Market context

Trend context

Loading home value context…

View source data

Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.

ACS estimates by release; ± is the margin of error.
Series2017–20212018–20222019–20232020–2024
Median home value B25077$216,200 ±$12,054$223,700 ±$13,585$248,900 ±$16,364$260,100 ±$18,706
Median gross rent B25064$770 ±$94$822 ±$119$804 ±$93$829 ±$74
Population B010031,942 ±2441,850 ±1981,908 ±1901,954 ±218

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
$216,200Margin of error ±$12,054
Median gross rent B25064
$770Margin of error ±$94
Population B01003
1,942Margin of error ±244

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
$223,700Margin of error ±$13,585
Median gross rent B25064
$822Margin of error ±$119
Population B01003
1,850Margin of error ±198

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
$248,900Margin of error ±$16,364
Median gross rent B25064
$804Margin of error ±$93
Population B01003
1,908Margin of error ±190

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
$260,100Margin of error ±$18,706
Median gross rent B25064
$829Margin of error ±$74
Population B01003
1,954Margin of error ±218

Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.

Measured market data

Measured observations for this ZIP Code, published beside the government survey figures above rather than replacing them. They measure different things and will legitimately disagree; the reconciliation below states on which axis, one axis at a time, instead of leaving a reader to guess. ZORI does not correct the ACS rent; neither is a better version of the other. Monthly series, revised in recent months, observed 2026-07, not live.

Why two figures for apparently the same thing differ: source, vintage, methodology and geography, stated one axis at a time.
FigureACS survey estimateZillow measured index
Typical home value$260,100±$19,000, the Census Bureau’s published 90% margin of error$256,935no published margin of error
Methodology typical home valueThe median of what owners themselves estimate their own home to be worth, across owner-occupied homes only.A smoothed index of the typical value of homes in the middle tier (35th to 65th percentile) of the local stock, whether or not they sold.
SourceU.S. Census Bureau, American Community Survey 5-year estimates.Zillow Economic Research public research data.
VintageACS 2024 5-year: one estimate pooled over 2020–2024. Restated once a year, not monthly, and adjacent releases overlap.Monthly series, observed 2026-07 and revised in recent months. Not live.
Geography2020 Census ZIP Code Tabulation Area 58577.USPS ZIP code 58577: a related, but not identical, area.

The index for typical home value is $3,165 lower than the survey estimate, whose own 90% margin of error is ±$19,000: the two are not separated by more than survey sampling error alone. A gap of either size is expected when the source, vintage, methodology and geography all differ, and is not evidence that either figure is wrong. Neither figure corrects the other, and no margin of error is implied for the index, which publishes none.

Zillow Home Value Index (ZHVI, mid tier)$256,935
ZHVI bottom tier (5th–35th pct)$152,789
ZHVI top tier (65th–95th pct)$408,200
Market heat index53
For-sale inventory14
Measured 3-yr value growth4.07%/yr
Measured 5-yr value growth3.67%/yr
Measured 10-yr value growth2.32%/yr
ZHVI, 2-bedroom$154,460
ZHVI, 3-bedroom$245,510
ZHVI, 4-bedroom$295,986
ZHVI, 5-bedroom$328,570

Measured value-growth signal: 68 of 100: this ZIP Code area ranks #6,263 of 19,419 ZIP Codes with a measured 3-year value growth rate. This is a separate national signal, published beside the overall score and deliberately not folded into it.

Source: Zillow Economic Research public research data, observation month 2026-07. Zillow keys on USPS ZIP codes; this page is a 2020 Census ZCTA, related but not identical geographies, so a Zillow value is matched to this ZCTA by code and is not a statement that the two areas are the same. Zillow is not affiliated with, and does not endorse, Compounding Estates.

Market Negotiation Leverage

Balanced (40th percentile among scored ZIP Codes)

Derived from Zillow's market-heat index for this ZIP, inverted (a cooler market means more room for a buyer to negotiate). 14 active listings. This is a cross-sectional snapshot (how this ZIP compares to every other tracked ZIP today), not a seasonal or historical baseline for this specific ZIP (no multi-year time series exists to support that claim). Not a prediction of what any specific seller will accept. See how this is calculated.

Source: Zillow Economic Research public research data. Zillow is not affiliated with, and does not endorse, Compounding Estates.

Underwrite with these as starting points

Opening a calculator pre-loads the ACS median owner value and median gross rent as a survey-level starting point; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.

ZIP Codes bordering 58577

6 ZIP Code areas share a land boundary with 58577 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 4 of them are in CE’s ranked set and are listed below, each with its own Rental Investor ZIP Score, grade and national rank, read from the same published dataset as this page. The rest are counted here and searchable from the ZIP Code explorer. A neighbour’s score is a score for that area, never for 58577, and this list is ordered by border length, so it is not a ranking and no neighbour is called best.

Evidence, sources & limitations

Official geography: Washburn city, McLean County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 58577, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z3-measured-v1; data ACS 2024 5-year.

This ZIP Code area is primarily in McLean County, overlapping Washburn, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±11.2% margin of error
Median home value (ACS, owner-reported)survey ACS B25077 · ±7.2% margin of error
Median gross rent (ACS, incl. utilities)survey ACS B25064 · ±8.9% margin of error
Survey gross-rent yield (proxy)derived 12 * ACS B25064 / B25077 · no published margin of error
Median household incomesurvey ACS B19013 · ±24% margin of error
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002) · no published margin of error
Renter sharederived ACS B25003 E003/E001 · no published margin of error
Estimated property-tax burdenderived ACS B25103 / B25077 · no published margin of error
Median year builtsurvey ACS B25035 · ±<1% margin of error
Multifamily (5+ units)derived ACS B25024 (5+ unit structures / total) · no published margin of error

Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.