Last updated on August 24, 2026

Average rent in
Fargo, ND

Key takeaways for renters

  • Where Fargo rent stands today

    Fargo, ND rent rose 2.2% year over year, with a current median of $1,150/month. Renters today are paying $7 more per month on average than last year, with rent near the peak level reached in August 2026.

  • Fargo sits 40.3% more affordable than the $1,925/month national median, offering a smaller market with 274 total rentals where apartments make up 73.3% of inventory.

  • Price ranges

    Studios in Fargo run around $880/month, 1-bedrooms around $1,025/month, and 2-bedrooms around $1,195/month, with 3-bedrooms at $1,730/month and 4+ bedrooms at $2,000/month. These bedroom tiers represent the range most renters encounter.

Median rent

Median rent in Fargo

$1,150/mo

increased by2%

vs previous year

The average rent in Fargo is $1,150 per month as of August 2026. This is 40% below the national average rent, or $775 less per month.

$1.27

average price per square foot

Total rentals

Available rentals in Fargo

274

for rent on Zumper.com as of August 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 4% over the last month and have increased by 2% 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 $1,095, whereas a house costs $1,950. 1-bedroom apartments in Fargo run $1,025 on average, while 2-bedroom apartments are $1,190.

Listings

Studio

$880

1%

4%

1 bedroom

$1,025

4%

No Change

2 bedroom

$1,195

No Change

2%

3 bedroom

$1,730

1%

4%

4 bedroom

$2,000

4%

13%

Studio

Average rent

$880

Last 30 days

1%

Last year

4%

1 bedroom

Average rent

$1,025

Last 30 days

4%

Last year

No Change

2 bedroom

Average rent

$1,195

Last 30 days

No Change

Last year

2%

3 bedroom

Average rent

$1,730

Last 30 days

1%

Last year

4%

4 bedroom

Average rent

$2,000

Last 30 days

4%

Last year

13%

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$1,150
decreased by40%

lower than the national median

Median rent price$1,550
decreased by19%

lower than the national median

Takeaway

The median rent for all rentals in Fargo, ND is 26% 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 & Services6% higher
Groceries2% lower
Health22% higher
Housing17% lower
Transportation2% lower
Utilities16% lower

Discover rentals in Fargo, ND

507 10th Ave S #507 - Photo 1 of 1

5d+ ago

Hawthorne apartment for rent in Fargo

Reza Properties - 507

507 10th Ave S #507, Fargo, ND 58103

1 bed

1 bath

$275

Apartment for rent

Available May 11

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

2d ago

7.2

Very good

714 29th Street North Fargo, ND 58102

714 29th St N, Fargo, ND 58102

1 bed

1 bath

$385

Apartment for rent

Dakota Arms & Gardens - Photo 1 of 1

2d ago

7.9

Very good

Dakota Arms & Gardens

1010 1002, 1010 18th St N, 1818 11th Ave N, Fargo, ND 58102

Studio–2 beds

1 bath

$420–$815

Apartment for rent

Arrowhead Estates 2641 - Photo 1 of 1

5d+ ago

8.8

Very good

Arrowhead Estates 2641

2641 15th St S, Fargo, ND 58103

Studio–2 beds

1 bath

$430–$680

Price drop

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 $1,150 per month as of August 22, 2026.

Is rent up or down in Fargo?

Average rent prices in Fargo have increased by 4% over the last month and have increased by 2% since last year.

How does Fargo rent compare to the national average?

Rent in Fargo is 40% below the national average, which means renters are paying approximately $775 less per month.

Which neighborhoods are most affordable in Fargo?

The most affordable neighborhoods in Fargo are Brunsdale ($750/mo), Westgate ($815/mo), and Roosevelt ($845/mo).

What salary do I need to afford rent in Fargo?

To comfortably afford rent in Fargo, you'd need to earn approximately $46,000/year, based on spending no more than 30% of your income on rent.

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

April offers the best rental deals in Fargo with the lowest rents of the year, while November sees the highest prices with roughly 10% difference between these months. December is the least competitive month with lower demand, making it another good time to search.

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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