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Average Rent in Fargo, ND

What is the average rent in Fargo, ND?

The average listed apartment rent in Fargo, ND is $904 per month, as of November 8, 2026. This sample includes 82 priced apartments in 7 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

7 apartment buildings, 82 units. Recorded asking prices and price history where available.

Browse apartments in Fargo, ND

Avg Rent

$904/mo

median $803

-1.4% vs last month

Cheapest

$500/mo

East Bridge

Properties

7

tracked daily

Units

82

available now

Fargo, ND Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 7 properties in Fargo, ND.

Timeframe

Average rent trend, last 3 months

All bedroom types, citywide. Choose a window above to scope the view.

$979
Average rent today
Average rent trend in Fargo, ND $850$933$1,017$1,100 AugSepOctNov

Full Fargo, ND price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Fargo, ND Rent Prices

All 7 properties ranked by lowest available rent.

Rent & Price History by Building

Compare apartment listings by price, bedrooms, and neighborhood.

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Browse all Fargo, ND apartments

By Area

Fargo, ND neighborhoods

Tracked buildings across 3 named neighborhoods. Pick one to see its apartments.

Fargo, ND Average Rent Prices 2026

The average listed rent in Fargo, ND is $904 per month, based on 82 units across 7 apartment communities. Prices range from $500 at East Bridge to $1,675 at East Bridge.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,083/mo $1,080/mo 2
1 Bed $844/mo $625/mo 7
2 Bed $879/mo $500/mo 45
3 Bed $954/mo $635/mo 27
4 Bed $740/mo $740/mo 1

We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.

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Market Context

Who rents in Fargo, ND, and what they pay

Tracked one-bedroom rent in Fargo, ND averages $844/mo , with two-bedroom units averaging $879/mo. At the local median household income of $66,029, that works out to 16% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Fargo, ND at $916/mo. The current tracked market average runs 1% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Fargo, ND while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Fargo, ND?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$36,000/year

Based on the 30 percent rule, using our tracked average rent of $904/mo.

Comfortable income

$43,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($500/mo), you need to earn at least $20,000/year.

Median household income in Fargo, ND is $66,029 , about 52% above the comfortable-living threshold.

Cost of living in Fargo, ND

Overall prices in Fargo, ND runs below the national average by about 11% (BEA Regional Price Parity index 89.1, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Fargo, ND's regional price parities.

Category Monthly estimate
Rent (market average) $904
Utilities $316
Groceries $524
Transportation $754
Healthcare $368
Other goods and services $589
Estimated total $3,455/mo

Population

129,064

Median household income

$66,029

Census median rent

$916/mo

Census rent burden

26.1%

Median age

32.2

Mean commute

16 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in North Dakota

How Fargo, ND rent compares to other markets in the state.

City Avg Rent vs Fargo, ND 30-Day Change Properties
Grand Forks, ND $1,293 +43% -11.4% 18
Bismarck, ND $1,245 +38% +7.5% 10

Frequently asked questions

What is the average rent in Fargo, ND?

The average listed apartment rent in Fargo, ND is $904 per month, as of November 8, 2026. This sample includes 82 priced apartments in 7 buildings. These are tracked asking prices, not signed leases.

What is the median rent in Fargo, ND?

The median asking rent in Fargo, ND is $803 per month, computed from 82 priced listings; check the observation dates shown on this page. The average is $904/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Fargo, ND?

The lowest available rent in Fargo, ND starts at $500 per month. Confirm current availability, fees, and lease terms with the selected listing.

How much is a 1-bedroom apartment in Fargo, ND?

1-bedroom apartments in Fargo, ND average $844/mo. The lowest listed 1-bedroom starts at $625/mo across 7 units tracked.

How much is a 2-bedroom apartment in Fargo, ND?

2-bedroom apartments in Fargo, ND average $879/mo. Units start from $500/mo across 45 units currently listed.

Rent Trends in Fargo, ND

Track how apartment prices are changing over time.

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