Fargo, ND Rental Market Trends
What is the average rent in Fargo?
The average rent for an apartment in Fargo is $1,006. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Fargo, ND
|Average Rent||Average Apartment Size|
|$1,006||955 sq. ft.|
What is the average apartment size in Fargo?
The average size for a Fargo, ND apartment is 955 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Fargo, ND apartment rent ranges
Fargo, ND Occupied Housing Units
30,863 or 55% of the households in Fargo, ND are renter-occupied while 24,994 or 45% are owner-occupied.
Fargo, ND rent trends
Average Rent in Fargo, ND By Neighborhood
|Hector International Airport||$1,150|
|Madison - Unicorn Park||$1,150|
|Roosevelt - NDSU||$1,150|
|Jefferson - Carl Ben||$856|
|Lewis and Clark||$856|
What are the most affordable neighborhoods in Fargo?
The most affordable neighborhoods in Fargo are Bluemont Lakes, where the average rent goes for $856/month, Brunsdale, where renters pay $856/mo on average, and Clara Barton, where the average rent goes for $856/mo. If you’re looking for other great deals, check out the listings from Hawthorne ($856), Jefferson - Carl Ben ($856), and Lewis and Clark ($856), where the asking prices are below the average Fargo rent of $1,006/mo.
What are the most expensive neighborhoods in Fargo?
What are the most popular neighborhoods in Fargo?
The most popular neighborhood in Fargo is Brandt Crossing, where there are 29 listings with an average rent of $1,087. Next up is Brunsdale, where apartments go for $856/month, followed by Roosevelt - NDSU with $1,150 If you’re looking to rent in Fargo’s most popular neighborhoods, make sure to also check out Village West, where renters pay $856 on average, and Amber Valley, where the average monthly rent is $1,087.
Fargo | Rent Comparison by Neighborhood
Rent in Amber Valley is the same as in Anderson Park
Amber Valley rent is 8% higher than Fargo average
Anderson Park rent is 8% higher than Fargo average