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 10% 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 $1,050. A 1-bedroom apartment in Fargo, ND costs about $955 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 $1,895.


1 bedroom	$962	2%	1%
2 bedroom	$1,187	No Change	4%
3 bedroom	$1,695	No Change	8%
4 bedroom	$2,100	1%	3%
Studio	$750	1%	2%

		Comparables
Anderson Park	$1,565
Brunsdale	$717
Downtown Fargo	$982
Ndsu	$995
Northport	$825
Roosevelt	$795
Stone Bridge	$1,297
Westgate	$760
Willow Park	$975
Woodhaven	$1,415


Apartments	$1,050	1%	No Change
Condos	$1,250	10%	No Change
Houses	$1,895	2%	No Change

Studio

Average rent

$750

Last 30 days

Last year

1 bedroom

Average rent

$962

Last 30 days

Last year

2 bedroom

Average rent

$1,187

Last 30 days

No Change

Last year

3 bedroom

Average rent

$1,695

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,100

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$1,145

40%

lower than the national median

Median rent price$1,295

33%

lower than the national median

Takeaway

The median rent for all rentals in Fargo, ND is 12% 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

$1,295

Last year

Detroit Lakes

$1,095

18%

Last year

Dilworth

$995

Last year

East Grand Forks

$705

Last year

Fergus Falls

$893

Last year

Grand Forks

$1,225

Last year

Moorhead

$1,095

Last year

Park Rapids

$985

15%

Last year

Pelican Rapids

$1,000

Last year

Valley City

$845

Last year

Wahpeton

$759

Last year

West Fargo

$1,575

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.