Average Rent in Fargo, ND
5 apartment buildings, 28 units. Real asking prices, refreshed daily.
Avg Rent
$1,055/mo
market average
Cheapest
$695/mo
EG & Co. Properties
Properties
5
tracked daily
Units
28
available now
Fargo, ND Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 5 properties in Fargo, ND.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Fargo, ND Rent Prices
All 5 properties ranked by lowest available rent.
EG & Co. Properties
3105 N Broadway Dr # 9, Fargo, ND 58102, USA
Cheyenne Estates
1011 43 1/2 St S #206, Fargo, ND 58103, USA
Pacific South
2585 Pacific Dr S, Fargo, ND 58103, USA
East Bridge
1951 Dakota Dr N, Fargo, ND 58102, USA
Thunder Creek
1920 Dakota Dr N, Fargo, ND 58102, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | EG & Co. Properties 3105 N Broadway Dr # 9, Fargo, ND 58102, USA | $695 | $964 | $1.19 | 2.9 (31) | 10 |
| 2 | Cheyenne Estates 1011 43 1/2 St S #206, Fargo, ND 58103, USA | $725 | $825 | $1.19 | 3.3 (37) | 2 |
| 3 | Pacific South 2585 Pacific Dr S, Fargo, ND 58103, USA | $745 | $793 | $1.13 | 5 (3) | 2 |
| 4 | East Bridge 1951 Dakota Dr N, Fargo, ND 58102, USA | $765 | $1,085 | $1.23 | 4.5 (39) | 8 |
| 5 | Thunder Creek 1920 Dakota Dr N, Fargo, ND 58102, USA | $995 | $1,332 | $1.38 | 4.9 (25) | 6 |
Explore Each Property
EG & Co. Properties
2.9 (31)3105 N Broadway Dr # 9, Fargo, ND 58102, USA
Cheyenne Estates
3.3 (37)1011 43 1/2 St S #206, Fargo, ND 58103, USA
Pacific South
5 (3)2585 Pacific Dr S, Fargo, ND 58103, USA
East Bridge
4.5 (39)1951 Dakota Dr N, Fargo, ND 58102, USA
Thunder Creek
4.9 (25)1920 Dakota Dr N, Fargo, ND 58102, USA
Fargo, ND Average Rent Prices 2026
The average rent in Fargo, ND is $1,055 per month, based on 28 units across 5 apartment communities. Prices range from $695 at EG & Co. Properties to $995 at Thunder Creek.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $778/mo | $725/mo | 4 |
| 1 Bed | $831/mo | $695/mo | 7 |
| 2 Bed | $1,109/mo | $775/mo | 11 |
| 3 Bed | $1,304/mo | $925/mo | 5 |
| 4 Bed | $1,905/mo | $1,905/mo | 1 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Fargo, ND, and what they pay
Tracked one-bedroom rent in Fargo, ND averages $831/mo, with two-bedroom units averaging $1,109/mo. At the local median household income of $66,029, that works out to 19% 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 15% higher than 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
$42,000/year
Based on the 30 percent rule, using our tracked average rent of $1,055/mo.
Comfortable income
$51,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($695/mo), you need to earn at least $28,000/year.
Median household income in Fargo, ND is $66,029 , about 30% 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) | $1,055 |
| Utilities | $316 |
| Groceries | $524 |
| Transportation | $754 |
| Healthcare | $368 |
| Other goods and services | $589 |
| Estimated total | $3,606/mo |
Population
129,064
Median household income
$66,029
Census median rent
$916/mo
Rent as % of income
26.1%
Median age
32.2
Mean commute
16 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
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
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
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.
Compare
Nearby cities in North Dakota
How Fargo, ND rent compares to other markets in the state.
| City | Avg Rent | vs Fargo, ND | Properties |
|---|---|---|---|
| Bismarck, ND | $1,263 | +20% | 8 |
Frequently asked questions
What is the average rent in Fargo, ND?
The average rent in Fargo, ND is $1,055 per month, based on 28 units across 5 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Fargo, ND?
The lowest available rent in Fargo, ND starts at $695 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Fargo, ND?
1-bedroom apartments in Fargo, ND average $831/mo. The lowest listed 1-bedroom starts at $695/mo across 7 units tracked.
How much is a 2-bedroom apartment in Fargo, ND?
2-bedroom apartments in Fargo, ND average $1,109/mo. Units start from $775/mo across 11 units currently listed.
Rent Trends in Fargo, ND
Track how apartment prices are changing over time.
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