Average Rent in Fargo, ND

Apartments & Houses by Size

Rentometer, Inc. | Data as of 05/14/2026

Fargo’s rental market offers a dynamic blend of historic homes and modern apartments, catering to students, young professionals, and growing families alike. Downtown Fargo and the vibrant University of North Dakota campus area provide walk‑score living with easy access to the Fargo Theatre, the Plains Art Museum, and a thriving dining scene. Suburban neighborhoods such as Riverside and South Fargo deliver quieter, family‑friendly environments while still being just a short drive from the Red River’s recreational trails and the city’s major employment centers.

Renters can find a wide range of price points across property types. Studio apartments typically sit in the $900 range, while one‑ and two‑bedroom units commonly fall between $1,000 and $1,200, offering modern finishes and convenient amenities. Larger apartments with three or more bedrooms often reach the $1,500–$2,200 range, providing space for roommates or small families. Single‑family homes present attractive options as well, with one‑bedroom houses generally around the $800 bracket and two‑bedroom homes near $1,100. Larger homes with three or more bedrooms usually command rates in the $2,000 range, making them a solid choice for those seeking more space and a backyard.

Beyond pricing, Fargo’s rental landscape is bolstered by a strong sense of community and a steadily growing economy. The city’s low cost of living, expanding tech sector, and robust educational institutions attract a diverse tenant pool. Proximity to parks such as Island Park, cultural events like the Fargo Film Festival, and convenient public transit options ensure that residents enjoy both convenience and quality of life in the heart of the Upper Midwest.

Fargo Rent by Property Type & Bedroom Count

Averages, medians, and ranges across recent rental listings

Property Type Bedrooms Average Median Min – Max 25th – 75th
Apartment Studio $884 $961 $420 – $1,510 $710 – $1,035
Apartment 1 Bedroom $1,034 $1,030 $435 – $1,895 $849 – $1,195
Apartment 2 Bedroom $1,292 $1,260 $460 – $2,695 $1,024 – $1,570
Apartment 3 Bedroom $1,600 $1,532 $915 – $2,500 $1,272 – $1,885
Apartment 4+ Bedroom $2,312 $2,410 $1,550 – $2,880 $2,295 – $2,880
House Studio $833 $925 $650 – $925 $650 – $925
House 2 Bedroom $1,168 $1,085 $800 – $1,750 $950 – $1,300
House 3 Bedroom $1,909 $1,895 $1,149 – $2,895 $1,700 – $2,095
House 4+ Bedroom $2,229 $2,200 $1,195 – $4,200 $1,900 – $2,495

Current rent in Fargo (all property types): Studio $881, 1 Bedroom $1,035, 2 Bedroom $1,281, 3 Bedroom $1,769, 4+ Bedroom $2,155.

Map of City of Fargo

Outlined area shows the city boundary. Shaded regions show where rentals cluster.

Map of City of Fargo
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About this data

Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.

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