Apartments for Rent in Fargo, ND under $500
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RewardsStudio $495+Base rent4.0 (3)2625 Pacific Dr S, Fargo, ND 58103Apply online • Cat friendly • In unit laundry
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RewardsStudio $455+Base rent4.0 (2)2601 15Th St S, Fargo, ND 58103Apply online • Cat friendly • In unit laundry
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Only 3 units leftStudio $445+Base rent4.5 (14)2602 & 2620 14Th St S, Fargo, ND 58103Apply online • In unit laundry
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Only 2 units leftStudio $495Base rent3.5 (2)714 29Th Street North, Fargo, ND 58102Apply online • Pet friendly
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Only 2 units leftStudio $495Base rent5.0 (1)708 29Th Street North, Fargo, ND 58102Apply online • Pet friendly
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Studio $490+Base rent Income restricted5.0 (3)2000 21St Ave S, Fargo, ND 58103Apply online • Pet friendly • In unit laundry
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Rent specialsStudio $455+Base rent2615 S University Dr, Fargo, ND 58103Apply online • Pet friendly • In unit laundry
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Ask for pricing1670 E Gateway Circle S, Fargo, ND 58103Pet friendly • Dishwasher • Patio/Balcony
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More Rentals Near Fargo, ND
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2 bd $340Base rent3.5 (1)204 14Th Street South, Moorhead, MN 56560Pet friendly
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Frequently asked questions
When were prices and availability in Fargo, ND last updated?
Prices and availability in Fargo, ND were last updated on 20 Aug 2026.
What are the best apartments in Fargo, ND?
The best apartments in Fargo, ND are: Kassenborg Apartments, Cypress Court Apartments, RoCo Apartments, Dillard Apartments and Mercantile on Broadway.
What type of rental buildings are in Fargo, ND?
In Fargo, 56% of the residents are renting compared to 44% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 24% of Fargo's rentals, 71% are small-scale complexes with under 50 units, and 5% are single-family rentals.
Apartments in Fargo, ND under $500
Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 15 apartments for rent in Fargo, ND on which you’ll spend less than $500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.
Rentals near you under $500
Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $500. The average rental size in Fargo, ND is 654 Sqft, but the $500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.