Much like its nearby areas, it's significantly less expensive compared to the nation as a whole. Compared to the city of Bismarck, it's substantially less expensive.
Home prices
Timber Lake's median home cost is $57,700. This is is very similar compared to the surrounding areas.It is about $159,800 (73%) lower compared to the US as a whole, and it is roughly $187,600 (76%) lower compared to the city of Bismarck.
Rents
In Timber Lake the median rent is $569 per month. This is approximately $15 (2%) lower in comparison to the surrounding areas.In comparison to the country as a whole it is approximately $493 (46%) lower, and is roughly $298 (34%) lower in comparison to the city of Bismarck.
Nearby places
Whitehorse
Whitehorse is roughly 11 miles southeast from Timber Lake. Its real estate prices are substantially more expensive. The value of the median home in Whitehorse is $137,500, which is $79,800 (58%) higher than Timber Lake. Its rents are pretty similar. Whitehorse's median monthly rent is $575, which is $6 (1%) higher than Timber Lake.
Isabel
Isabel is about 14 miles west from Timber Lake. The real estate prices there are a bit less expensive. The median home in Isabel is valued at $47,100, which is $10,600 (22%) lower than Timber Lake. Its rents are pretty similar. The median monthly rent in Isabel is $588, which comes out to $19 (3%) higher than Timber Lake.
Bullhead
Bullhead is roughly 21 miles north of Timber Lake. Its housing prices are a lot less expensive. The median home in Bullhead costs $9,999, which is $47,701 (477%) lower than Timber Lake. Rents there are somewhat less expensive. Bullhead's median monthly rent is $531, which comes out to $38 (7%) lower than Timber Lake.
McLaughlin
McLaughlin is approximately 26 miles northeast of Timber Lake. Its housing prices are a little less expensive. The median home price in McLaughlin is $43,800, which is $13,900 (31%) lower than Timber Lake. Its rents are somewhat more expensive. McLaughlin's median monthly rent is $670, which is $101 (15%) higher than Timber Lake.
North Eagle Butte
North Eagle Butte is approximately 26 miles south of Timber Lake. Housing prices there are a little less expensive. The median home in North Eagle Butte costs $51,800, which comes out to $5,900 (11%) lower than Timber Lake. Rents there are pretty similar. The median rent in North Eagle Butte is $558 per month, which comes out to $11 (1%) lower than Timber Lake.
