Last updated
Average Rent in Fargo ND & Rent Trends
Rent prices and market trends across 6 apartment communities in Fargo ND. Updated daily.
Market Average
$828/mo
▲ +0.3% from last month
Lowest Available
$610/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
10
available now
Rent by Neighborhood in Fargo ND
Compare average rent across Fargo ND neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Fargo 58102 | $1,007 | $610 | 4 | 24 |
| South High | $765 | $745 | 2 | 3 |
Is Rent Going Up or Down in Fargo ND?
As of May 2026, the average rent in Fargo ND is $828 per month across 6 apartment communities and 10 available units. Rents have increased $3 (0.3%) over the past month.
The most affordable option is Kingswood starting at $610/mo. By unit type, a 1-bedroom averages $828/mo.
Prices range from $610 to $975 per month. The most common price point is the $600 range, where 5 units are currently listed.
Fargo ND Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Fargo ND
Rent Prices by Apartment in Fargo ND
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Kingswood | $610/mo | $610/mo | 1 | 4.8 |
| EG & Co. Properties | $690/mo | $899/mo | 5 | 2.9 |
| Pacific South | $745/mo | $745/mo | 1 | 5 |
| Cheyenne Estates | $750/mo | $750/mo | 1 | 3.3 |
| Thunder Creek | $795/mo | $795/mo | 1 | 4.9 |
| East Bridge | $885/mo | $885/mo | 1 | 4.5 |
Google Search Trends for Fargo ND Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Fargo ND
What is the average rent in Fargo ND?
Is rent going up or down in Fargo ND?
What is the cheapest apartment in Fargo ND?
How much is a 1-bedroom apartment in Fargo ND?
How many apartments are available in Fargo ND?
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
$33,000/year
30 percent rule -- using our average rent of $828/mo.
Comfortable income
$40,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($610/mo), you need to earn at least $24,000/year.
Median household income in Fargo ND is $66,029 , about 66% 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) | $828 |
| Utilities | $316 |
| Groceries | $524 |
| Transportation | $754 |
| Healthcare | $368 |
| Other goods and services | $589 |
| Estimated total | $3,379/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.
Explore Fargo ND Apartments
Browse all 6 communities with daily-updated pricing and availability.