Grand Forks County is one of the best places to own a home in North Dakota, according to a recent survey.

The county ranked second in the state according to a study by financial technology company SmartAsset. The "breakeven" point, when the costs of renting are greater than the costs of buying, is 3.2 years in the county.

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Grand Forks County is second to Golden Valley County, where the average home price is $241,867 and the "breakeven" point is 3.1 years. In Grand Forks County, the average home price is $284,263.

SmartAsset found that the average monthly mortgage payment, with a mortgage rate of 4.5 percent and a down payment of 20 percent, was less than the average monthly rent payment in the county.

The average monthly mortgage payment was calculated at $1,223, more than $20 less than the average rent payment at $1,246.

The study gathered data on average rents and home prices and compared renting to buying a home in every county in the United States.

Grand Forks County ranks 795 nationally. Saline County in the southern part of Illinois was ranked first.