What's the average rent in Fargo, ND?

Rental Market Trends in Fargo, ND

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

$855

HOUSES

$2,050

TOWNHOUSES

$2,095
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 typeAverage 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.

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.
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