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 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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $2,095 |
| 4 Bedrooms | $1,995 |
| All | $2,095 |
As of August 2026, the average rent for a 2 bedroom townhome in Fargo, ND is $1,050 per month, followed by $2,095 for a 3 bedroom townhome, and $1,995 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $850 |
| 3 Bedrooms | $1,483 |
| 4 Bedrooms | $1,900 |
| All | $795 |
As of August 2026, the average rent for a 1 bedroom apartment in Fargo, ND is $750 per month, followed by $850 for a 2 bedroom apartment, $1,483 for a 3 bedroom apartment, and $1,900 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,925 |
| 4 Bedrooms | $1,850 |
| All | $1,850 |
As of August 2026, the average rent for a 2 bedroom house in Fargo, ND is $1,300 per month, followed by $1,925 for a 3 bedroom house, and $1,850 for a 4 bedroom house.
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.