Average Rent in Fargo, ND and Rent Price Trends

Rent price summary for
Fargo, ND

As of May 2024, the median rent for all bedroom counts and property types in Fargo, ND is $1,015. This is -49% lower than the national average.

$1.20

average price per square foot

Median rent

$1,015

over the previous yearvs previous year

Total rentals

338

for rent on Zumper.com

As of May 2024, the median rent for all bedroom counts and property types in Fargo, ND is $1,015. This is -49% lower than the national average.

$1.20

average price per square foot

Rent ranges

22%

61%

15%

$0-$750$0 - $750

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

$3,001+$3,001+

Households

56%

44%

Renter-occupied

Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Fargo, ND
The monthly rent for an apartment in Fargo, ND is $995. A 1-bedroom apartment in Fargo, ND costs about $910 on average, while a 2-bedroom apartment is $1,078. Houses for rent in Fargo, ND are more expensive, with an average monthly cost of $1,995.


1 bedroom	$909	No Change	20%
2 bedroom	$1,080	2%	12%
3 bedroom	$1,434	4%	11%
4 bedroom	$2,174	6%	12%
Studio	$783	No Change	17%

		Comparables
Amber Valley	$1,156
Anderson Park	$1,277
Brunsdale	$777
Downtown Fargo	$1,114
Ndsu	$1,012
Northport	$1,170
Roosevelt	$950
Stone Bridge	$1,495
Village West	$990
Westgate	$776


Apartments	$995	10%	No Change
Condos	$1,150	22%	No Change
Houses	$1,995	1%	No Change

Studio

Average rent

$783

Last 30 days

No Change

Last year

17%

1 bedroom

Average rent

$909

Last 30 days

No Change

Last year

20%

2 bedroom

Average rent

$1,080

Last 30 days

Last year

12%

3 bedroom

Average rent

$1,434

Last 30 days

Last year

11%

4 bedroom

Average rent

$2,174

Last 30 days

Last year

12%

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$1,015

49%

lower than the national median

Median rent price$1,325

34%

lower than the national median

Takeaway

The median rent for all rentals in Fargo, ND is 23% lower than the median rent in Bemidji, MN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
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Explore rent trends in other markets

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$929

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$760

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West Fargo

$1,438

Last year

Cost of living in
Fargo, ND

The overall cost of living in Fargo, ND is 2% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.