Average Rent in Fargo, ND and Rent Price Trends

Rent price trends in
Fargo, ND

Rent price trends

Rent prices for all bedroom counts and property types in Fargo, ND have decreased by 1% in the last month and have increased by 2% in the last year.

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

Rent comparables in
Fargo, ND
The monthly rent for an apartment in Fargo, ND is $1,075. A 1-bedroom apartment in Fargo, ND costs about $999 on average, while a 2-bedroom apartment is $1,175. Houses for rent in Fargo, ND are more expensive, with an average monthly cost of $1,947.


1 bedroom	$995	No Change	2%
2 bedroom	$1,175	No Change	1%
3 bedroom	$1,655	No Change	No Change
4 bedroom	$2,350	No Change	2%
Studio	$990	2%	6%

		Comparables
Brunsdale	$745
Downtown Fargo	$1,052
Lewis Clark	$910
Ndsu	$950
Northport	$800
Roosevelt	$840
Stone Bridge	$1,385
Westgate	$835
Willow Park	$999
Woodhaven	$1,280


Apartments	$1,075	No Change	No Change
Condos	$1,150	No Change	No Change
Houses	$1,947	No Change	No Change

Studio

Average rent

$990

Last 30 days

Last year

1 bedroom

Average rent

$995

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,175

Last 30 days

No Change

Last year

3 bedroom

Average rent

$1,655

Last 30 days

No Change

4 bedroom

Average rent

$2,350

Last 30 days

No Change

Last year

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.

Compare rent prices in Fargo, ND to other cities

Median rent prices in Fargo, ND for all bedroom counts and property types compared to Bemidji, MN.

Fargo

Median rent price$1,141

40%

lower than the national median

Median rent price$1,495

21%

lower than the national median

Takeaway

The median rent for all rentals in Fargo, ND is 24% lower than the median rent in Bemidji, MN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Bemidji

$1,495

13%

Last year

Detroit Lakes

$1,175

Last year

Dilworth

$1,175

18%

Last year

East Grand Forks

$1,138

66%

Last year

Fergus Falls

$810

Last year

Grand Forks

$1,350

Last year

Moorhead

$1,095

Last year

Park Rapids

$1,050

Flat

Last year

Pelican Rapids

$958

Last year

Valley City

$695

Last year

Wahpeton

$817

Last year

West Fargo

$1,695

Last year

Cost of living in
Fargo, ND

The overall cost of living in Fargo, ND is 3% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.