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 increased by 4% in the last month and have increased by 7% 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 $1,020. A 1-bedroom apartment in Fargo, ND costs about $970 on average, while a 2-bedroom apartment is $1,135. Houses for rent in Fargo, ND are more expensive, with an average monthly cost of $1,895.


1 bedroom	$970	No Change	6%
2 bedroom	$1,147	No Change	5%
3 bedroom	$1,650	No Change	5%
4 bedroom	$2,270	3%	4%
Studio	$737	2%	2%

		Comparables
Brunsdale	$737
Downtown Fargo	$995
Horace Mann	$1,015
Lewis Clark	$1,000
Madison Unicorn Park	$982
Ndsu	$1,035
Northport	$800
Roosevelt	$825
Westgate	$760
Willow Park	$995


Apartments	$1,020	No Change	No Change
Condos	$1,087	9%	No Change
Houses	$1,895	1%	No Change

Studio

Average rent

$737

Last 30 days

Last year

1 bedroom

Average rent

$970

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,147

Last 30 days

No Change

Last year

3 bedroom

Average rent

$1,650

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,270

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$1,115

44%

lower than the national median

Median rent price$1,100

44%

lower than the national median

Takeaway

The median rent for all rentals in Fargo, ND is 1% higher 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

$1,100

Last year

Detroit Lakes

$1,000

Last year

Dilworth

$955

16%

Last year

East Grand Forks

$765

Last year

Fergus Falls

$876

Last year

Grand Forks

$1,039

Last year

Moorhead

$1,140

Last year

Park Rapids

$962

Last year

Pelican Rapids

$898

14%

Last year

Valley City

$862

Last year

Wahpeton

$750

Last year

West Fargo

$1,400

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.