What's the average rent in Fargo, ND?
Rental Market Trends in Fargo, ND
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Fargo, ND is $926 per month, which is 52% lower than the national average rent of $1,930 per month.
AVERAGE RENT
$926
-2.6%-$24 decrease month-over-month
1.7%$15 increase year-over-year
AVAILABLE RENTALS
524
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Fargo, ND at $855 per month, while townhomes are the most expensive at $2,095 per month. Houses average $2,050 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $795 |
| 2 Bedrooms | $900 |
| 3 Bedrooms | $1,618 |
| 4 Bedrooms | $2,200 |
| All | $950 |
As of May 2026, the average rent for a 1 bedroom rental in Fargo, ND is $795 per month, followed by $900 for a 2 bedroom rental, $1,618 for a 3 bedroom rental, and $2,200 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $2,195 |
| 4 Bedrooms | $2,350 |
| All | $2,122 |
As of May 2026, the average rent for a 2 bedroom townhome in Fargo, ND is $950 per month, followed by $2,195 for a 3 bedroom townhome, and $2,350 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $725 |
| 2 Bedrooms | $925 |
| 3 Bedrooms | $1,535 |
| 4 Bedrooms | — |
| All | $765 |
As of May 2026, the average rent for a 1 bedroom apartment in Fargo, ND is $725 per month, followed by $925 for a 2 bedroom apartment, and $1,535 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $520 |
| 3 Bedrooms | $1,906 |
| 4 Bedrooms | $2,195 |
| All | $2,000 |
As of May 2026, the average rent for a 2 bedroom house in Fargo, ND is $520 per month, followed by $1,906 for a 3 bedroom house, and $2,195 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +3% compared to the previous year, which is a +$25 increase.
This year (2026)
Last year (2025)
Rent distribution
42% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $415 to $4,300.