Last updated on May 25, 2026

Average rent in
Fargo, ND

Key takeaways for renters

  • Where Fargo rent stands today

    Fargo, ND rent rose 7.7% year over year, with a current median of $1,125/month. Renters are paying $47 more per month on average than last year, with rent just 2.6% below the peak of $1,150/month reached six months ago.

  • Fargo sits 42.3% more affordable than the $1,950/month national median, making it an accessible market for renters seeking value in a smaller metro with 298 total rentals.

  • Rent ranges by bedroom

    Studios in Fargo run around $895/month, 1-bedrooms around $950/month, and 2-bedrooms around $1,190/month, with 3-bedrooms at $1,710/month and 4+ bedrooms at $2,200/month. Apartments make up 73.2% of rentals, with houses renting for a median of $2,095/month.

  • Neighborhood spotlight

    Lewis Clark rents fell 40.4% year over year to $850/month across 26 rentals. This decline contrasts with the citywide 7.7% rent increase and shows a localized cooldown in this neighborhood.

Median rent

Median rent in Fargo

$1,125/mo

increased by8%

vs previous year

The average rent in Fargo is $1,125 per month as of May 2026. This is 42% below the national average rent, or $825 less per month.

$1.26

average price per square foot

Total rentals

Available rentals in Fargo

298

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Fargo rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Fargo, ND

Average rent prices in Fargo have increased by 2% over the last month and have increased by 8% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Fargo, ND

Rent prices in Fargo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Fargo is $1,065, whereas a house costs $2,095. 1-bedroom apartments in Fargo run $975 on average, while 2-bedroom apartments are $1,195.

Listings

Studio

$895

1%

14%

1 bedroom

$950

2%

2%

2 bedroom

$1,190

2%

4%

3 bedroom

$1,710

1%

No Change

4 bedroom

$2,200

3%

2%

Studio

Average rent

$895

Last 30 days

1%

Last year

14%

1 bedroom

Average rent

$950

Last 30 days

2%

Last year

2%

2 bedroom

Average rent

$1,190

Last 30 days

2%

Last year

4%

3 bedroom

Average rent

$1,710

Last 30 days

1%

Last year

No Change

4 bedroom

Average rent

$2,200

Last 30 days

3%

Last year

2%

The table above reflects average rent prices in Fargo, ND, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Fargo, ND compare to other cities?

Compare median rent prices in Fargo and Bemidji by all bedroom counts and property types.

Fargo

Median rent price$1,125
decreased by42%

lower than the national median

Median rent price$1,495
decreased by23%

lower than the national median

Takeaway

The median rent for all rentals in Fargo, ND is 25% lower than the median rent in Bemidji, MN.

Cost of living in Fargo, ND

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services8% higher
Groceries2% lower
Health18% higher
Housing15% lower
Transportation1% lower
Utilities20% lower

Discover rentals in Fargo, ND

714 29th Street North Fargo, ND 58102 - Photo 1 of 1

2d ago

7.8

Very good

714 29th Street North Fargo, ND 58102

714 29th St N, Fargo, ND 58102

1 bed

1 bath

$385

Apartment for rent

821 10th St N #2 - Photo 1 of 1

5d+ ago

Roosevelt apartment for rent in Fargo

1 bed

1 bath

$450

Apartment for rent

Available Jul 1

Dundee Apartments - Photo 1 of 1

2d ago

8.2

Very good

Dundee Apartments

1132 16th St N, Fargo, ND 58102

Studio–3 beds

1–2 baths

$470–$1,050

Price drop

Apartment for rent

Park Place West Apartments - Photo 1 of 1
3D tour

4d ago

8.6

Very good

Park Place West Apartments

1502 Dakota Dr N, Fargo, ND 58102

Studio–3 beds

1–3 baths

$625–$1,125

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Fargo, ND

Quick answers to common questions about the Fargo rental market.

How much is rent in Fargo?

The average rent in Fargo is $1,125 per month as of May 23, 2026.

Is rent up or down in Fargo?

Average rent prices in Fargo have increased by 2% over the last month and have increased by 8% since last year.

How does Fargo rent compare to the national average?

Rent in Fargo is 42% below the national average, which means renters are paying approximately $825 less per month.

Which neighborhoods are most affordable in Fargo?

The most affordable neighborhoods in Fargo are Brunsdale ($775/mo), Westgate ($780/mo), and Roosevelt ($840/mo).

What salary do I need to afford rent in Fargo?

To comfortably afford rent in Fargo, you'd need to earn approximately $45,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Fargo?

Fargo's 2025 rental market shows one-bedroom apartments averaging around $940 per month, while two-bedroom units rent for around $1,100 monthly. Two-bedroom apartments represent the largest share of available inventory at 40% of listings, making them relatively easy to find throughout the city.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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