Fargo, ND Rental Market Trends
What is the average rent in Fargo?
The average rent for an apartment in Fargo is $1,051. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Fargo, ND
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,051 | 951 sq. ft. |
What is the average apartment size in Fargo?
The average size for a Fargo, ND apartment is 951 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
31,773 or 56% of the households in Fargo, ND are renter-occupied while 25,117 or 44% are owner-occupied.
Fargo, ND rent trends
Average Rent in Fargo, ND By Neighborhood
| City | Average Rent |
|---|---|
| Fargo Lagoons | $1,166 |
| Hector International Airport | $1,166 |
| Horace Mann | $1,166 |
| Longfellow | $1,166 |
| Madison - Unicorn Park | $1,166 |
| North River | $1,166 |
| Northport | $1,166 |
| Reile's Acres | $1,166 |
| Roosevelt - NDSU | $1,166 |
| Trollwood | $1,166 |
| Washington | $1,166 |
| Amber Valley | $1,155 |
| Anderson Park | $1,155 |
| Bennett | $1,155 |
| Brandt Crossing | $1,155 |
| Briarwood | $1,155 |
| Centennial | $1,155 |
| Davies | $1,155 |
| Deer Creek | $1,155 |
| Frontier | $1,155 |
| Maple Valley | $1,155 |
| Osgood | $1,155 |
| Pointe West | $1,155 |
| Prairie Rose | $1,155 |
| River Drive | $1,155 |
| Rose Creek | $1,155 |
| Southpointe | $1,155 |
| Stonebridge | $1,155 |
| The District | $1,155 |
| Urban Plains | $1,155 |
| Woodhaven | $1,155 |
| Downtown Fargo | $965 |
| Bluemont Lakes | $887 |
| Brunsdale | $887 |
| Clara Barton | $887 |
| Hawthorne | $887 |
| Jefferson - Carl Ben | $887 |
| Lewis and Clark | $887 |
| Lincoln | $887 |
| Prairiewoods | $887 |
| South High | $887 |
| Village West | $887 |
| West Acres | $887 |
| Westgate | $887 |
| Willow Park | $887 |
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What are the most affordable neighborhoods in Fargo?
The most affordable neighborhoods in Fargo are Bluemont Lakes, where the average rent goes for $887/month, Brunsdale, where renters pay $887/mo on average, and Clara Barton, where the average rent goes for $887/mo. If you’re looking for other great deals, check out the listings from Hawthorne ($887), Jefferson - Carl Ben ($887), and Lewis and Clark ($887), where the asking prices are below the average Fargo rent of $1,051/mo.
What are the most expensive neighborhoods in Fargo?
The most expensive neighborhoods in Fargo are Roosevelt - NDSU ($1,166), Trollwood ($1,166) and Washington ($1,166).
What are the most popular neighborhoods in Fargo?
The most popular neighborhood in Fargo is Amber Valley, where there are 26 listings with an average rent of $1,155. Next up is Brandt Crossing, where apartments go for $1,155/month, followed by Brunsdale with $887 If you’re looking to rent in Fargo’s most popular neighborhoods, make sure to also check out Downtown Fargo, where renters pay $965 on average, and Westgate, where the average monthly rent is $887.
Fargo | Rent Comparison by Neighborhood
Rent in Amber Valley is the same as in Anderson Park
$1,155
Amber Valley rent is 10% higher than Fargo average
Average Rent
$1,155
$1,155
Anderson Park rent is 10% higher than Fargo average
Average Rent
$1,155
How Fargo Compares to Other Cities
| State | Average Rent |
|---|---|
| Fargo | $1,051 |
| Grand Forks | $1,162 |
| West Fargo | $1,051 |
| Moorhead | $1,047 |
Most Popular Apartments in Fargo
Urban View Apartments
4877 28Th Avenue South, Fargo, ND 58104| 1 BED | $1,030 |
| 2 BEDS | $1,205 |
| 3 BEDS | $1,425 |
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Jacobs Square Apartments
835 Driftwood Drive, St. Cloud, MN 56303| 1 BED | $895 |
| 2 BEDS | $1,005 |
| 3 BEDS | $1,120 |
Latitude 46 Apartments
2915 Bluestem Drive, West Fargo, ND 58078| STUDIO | $835 |
| 1 BED | $1,060 |
| 2+ BEDS | $1,220 |
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Keeneland Village Apartments
1575 Amber Ave S, Sartell, MN 56377| 1 BED | $985 |
| 2 BEDS | $1,110 |
| 3 BEDS | $1,320 |
Courtyard Apartments On Belsly
1601 Belsly Blvd, Moorhead, MN 56560| STUDIO | $660 |
| 1 BED | $910 |
| 2+ BEDS | $1,085 |