Last updated on June 7, 2026

Average rent in
Downtown Fargo, Fargo, ND

Median rent

Median rent in Downtown Fargo

$995/mo

decreased by3%

vs previous year

The average rent in Downtown Fargo is $995 per month as of June 2026. This is 49% below the national average rent, or $955 less per month.

$1.47

average price per square foot

Total rentals

Available rentals in Downtown Fargo

28

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Downtown 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 Downtown Fargo, Fargo, ND

Average rent prices in Downtown Fargo have increased by 3% over the last month and have decreased by 3% 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 Downtown Fargo, Fargo, ND

Rent prices in Downtown Fargo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Fargo is $962, whereas a house costs $1,664. 1-bedroom apartments in Downtown Fargo run $950 on average, while 2-bedroom apartments are $1,300.

Listings

Studio

$805

2%

1%

1 bedroom

$950

1%

11%

2 bedroom

$1,300

3%

15%

3 bedroom

$1,100

3%

39%

4 bedroom

$1,950

No Change

26%

Studio

Average rent

$805

Last 30 days

2%

Last year

1%

1 bedroom

Average rent

$950

Last 30 days

1%

Last year

11%

2 bedroom

Average rent

$1,300

Last 30 days

3%

Last year

15%

3 bedroom

Average rent

$1,100

Last 30 days

3%

Last year

39%

4 bedroom

Average rent

$1,950

Last 30 days

No Change

Last year

26%

The table above reflects average rent prices in Downtown Fargo, 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 Downtown Fargo, Fargo, ND compare to other neighborhoods?

Compare median rent prices in Downtown Fargo and Hawthorne by all bedroom counts and property types.

Downtown Fargo

Median rent price$995
decreased by49%

lower than the national median

Median rent price$875
decreased by55%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Fargo, Fargo, ND is 14% higher than the median rent in Hawthorne, Fargo, ND.

Discover rentals in Downtown Fargo, Fargo, ND

811 2nd Ave S - Photo 1 of 1

4d ago

7.9

Very good

811 2nd Ave S

811 2nd Ave S, Fargo, ND 58103

Studio

1 bath

$425–$550

Apartment for rent

Gardner - Photo 1 of 1
3D tour

2d ago

7.4

Very good

Gardner

26 Roberts St N, Fargo, ND 58102

Studio–2 beds

1 bath

$475–$695

Apartment for rent

Stratford Apartments - Photo 1 of 1

5d+ ago

8.5

Very good

Stratford Apartments

119 801/807 2nd St S, Fargo, ND 58103

Studio–2 beds

1 bath

$520–$1,000

Apartment for rent

9 1/2 9th - Photo 1 of 1

2d ago

8.5

Very good

9 1/2 9th

9 1/2 9th St S, Fargo, ND 58103

1 bed

1 bath

$595

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 Downtown Fargo, Fargo, ND

Quick answers to common questions about the Downtown Fargo rental market.

How much is rent in Downtown Fargo?

The average rent in Downtown Fargo is $995 per month as of June 6, 2026.

Is rent up or down in Downtown Fargo?

Average rent prices in Downtown Fargo have increased by 3% over the last month and have decreased by 3% since last year.

How does Downtown Fargo rent compare to the national average?

Rent in Downtown Fargo is 49% below the national average, which means renters are paying approximately $955 less per month.

What salary do I need to afford rent in Downtown Fargo?

To comfortably afford rent in Downtown Fargo, you'd need to earn approximately $40,000/year, based on spending no more than 30% of your income on rent.

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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