What's the average rent in Fargo, ND?

Rental Market Trends in Fargo, ND

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Fargo, ND is $975 per month, which is 50% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$975
4.0%
$38 increase month-over-month
2.6%
$25 increase year-over-year

AVAILABLE RENTALS

485

APARTMENTS

$725

HOUSES

$1,850

TOWNHOUSES

$2,095
As of August 2026, apartments are the most affordable rental option in Fargo, ND at $725 per month, while townhomes are the most expensive at $2,095 per month. Houses average $1,850 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$826
2 Bedrooms$935
3 Bedrooms$1,620
4 Bedrooms$1,995
All$975
As of August 2026, the average rent for a 1 bedroom rental in Fargo, ND is $826 per month, followed by $935 for a 2 bedroom rental, $1,620 for a 3 bedroom rental, and $1,995 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +1% compared to the previous year, which is a +$9 increase.
This year (2026)
Last year (2025)

Rent distribution

45% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $275 to $4,300.
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