Downtown Fargo, Fargo, ND Rental Market Trends

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Downtown Fargo, Fargo, ND

Last updated: November 18, 2025

Downtown Fargo, Fargo, ND rent trends

Rental prices in Downtown Fargo, Fargo, ND have increased by 1.49% over the past year. The average rent moved from $1,340 to $1,360.

What's the typical rent budget in Downtown Fargo, Fargo, ND?

The largest share of rentals in Downtown Fargo, Fargo, ND (48%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Fargo, Fargo, ND?

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Fargo, ND By Neighborhood

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Fargo | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Downtown Fargo is 23% higher than in Amber Valley

$1,360

Downtown Fargo rent is the same as Fargo average

Average Rent $1,360
$1,105

Amber Valley rent is 19% lower than Fargo average

Average Rent $1,105

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Fargo apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.