What's the average rent in Fargo, ND?

Rental Market Trends in Fargo, ND

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Fargo, ND is $950 per month, which is 51% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$950
-2.7%
-$27 decrease month-over-month
-0.3%
-$2 decrease year-over-year

AVAILABLE RENTALS

464

APARTMENTS

$868

HOUSES

$1,950

TOWNHOUSES

$1,995
As of October 2026, apartments are the most affordable rental option in Fargo, ND at $868 per month, while townhomes are the most expensive at $1,995 per month. Houses average $1,950 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$834
2 Bedrooms$925
3 Bedrooms$1,632
4 Bedrooms$2,100
All$950
As of October 2026, the average rent for a 1 bedroom rental in Fargo, ND is $834 per month, followed by $925 for a 2 bedroom rental, $1,632 for a 3 bedroom rental, and $2,100 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -3% compared to the previous year, which is a $27 decrease.
This year (2026)
Last year (2025)

Rent distribution

50% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $425 to $3,300.
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