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 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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,650 |
| 3 Bedrooms | $2,095 |
| 4 Bedrooms | $1,995 |
| All | $1,995 |
As of October 2026, the average rent for a 2 bedroom townhome in Fargo, ND is $1,650 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 | $1,350 |
| 4 Bedrooms | $690 |
| All | $795 |
As of October 2026, the average rent for a 1 bedroom apartment in Fargo, ND is $750 per month, followed by $850 for a 2 bedroom apartment, $1,350 for a 3 bedroom apartment, and $690 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $995 |
| 3 Bedrooms | $1,875 |
| 4 Bedrooms | $2,100 |
| All | $1,950 |
As of October 2026, the average rent for a 2 bedroom house in Fargo, ND is $995 per month, followed by $1,875 for a 3 bedroom house, and $2,100 for a 4 bedroom house.
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.