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 remained the same in the last month and have increased by 1% 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 $1,065. A 1-bedroom apartment in Fargo, ND costs about $1,005 on average, while a 2-bedroom apartment is $1,195. Houses for rent in Fargo, ND are more expensive, with an average monthly cost of $2,072.


1 bedroom	$1,000	1%	2%
2 bedroom	$1,195	No Change	No Change
3 bedroom	$1,727	4%	2%
4 bedroom	$2,125	3%	5%
Studio	$890	No Change	10%

		Comparables
Anderson Park	$1,500
Brunsdale	$740
Downtown Fargo	$995
Madison Unicorn Park	$950
Ndsu	$995
Northport	$1,077
Roosevelt	$895
Westgate	$780
Willow Park	$925
Woodhaven	$1,314


Apartments	$1,065	No Change	No Change
Condos	$885	3%	No Change
Houses	$2,072	3%	No Change

Studio

Average rent

$890

Last 30 days

No Change

Last year

10%

1 bedroom

Average rent

$1,000

Last 30 days

Last year

2 bedroom

Average rent

$1,195

Last 30 days

No Change

Last year

No Change

3 bedroom

Average rent

$1,727

Last 30 days

Last year

4 bedroom

Average rent

$2,125

Last 30 days

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$1,127

41%

lower than the national median

Median rent price$1,525

20%

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.

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

$1,525

23%

Last year

Detroit Lakes

$1,200

11%

Last year

Dilworth

$1,150

Last year

East Grand Forks

$750

27%

Last year

Fergus Falls

$925

Last year

Grand Forks

$1,235

11%

Last year

Moorhead

$1,095

Last year

Park Rapids

$1,100

Last year

Pelican Rapids

$995

80%

Last year

Valley City

$800

Last year

Wahpeton

$695

Last year

West Fargo

$1,895

Flat

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.