Rental market trends in Fargo, ND
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Average Apartment Cost in Fargo, ND
Apartment Rent Ranges in Fargo, ND
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
18% | 25% | 28% | 17% | 11% |
Neighborhood Apartment Rent Trends in Fargo, ND
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Brandt Crossing | $1,095 | 0% |
| Downtown | $1,025 | +3% |
| North Fargo | $960 | +1% |
| Urban Plains | $940 | +18% |
| South Fargo | $925 | +32% |
| Trollwood | $850 | 0% |
| Stone Bridge | $700 | -- |
| NDSU | $670 | +23% |
| Roosevelt | $670 | +23% |
| Maple Valley | $650 | +6% |
| Westgate | $625 | -9% |
| Carl Ben | $567 | +15% |
| Northport | $560 | +18% |
| West Acres | $550 | 0% |
| Willow Park | $545 | 0% |
| Central Fargo | $492 | 0% |
| Village West | $457 | -1% |
| Brunsdale | $447 | -2% |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Brandt Crossing | $1,340 | +25% |
| Downtown | $1,250 | 0% |
| Maple Valley | $1,225 | 0% |
| North Fargo | $1,202 | +5% |
| Urban Plains | $1,137 | +20% |
| South Fargo | $966 | +8% |
| Roosevelt | $950 | +42% |
| Stone Bridge | $942 | +23% |
| Amber Valley | $937 | +10% |
| Anderson Park | $913 | -9% |
| Carl Ben | $792 | +24% |
| Willow Park | $789 | +3% |
| Points West | $755 | -3% |
| Bluemont Lakes | $743 | 0% |
| West Acres | $735 | +7% |
| Central Fargo | $725 | +7% |
| Brunsdale | $710 | +27% |
| NDSU | $675 | +6% |
| Westgate | $660 | +5% |
| South High | $625 | -- |
| Northport | $612 | +3% |
| Village West | $555 | +3% |
| Jefferson | $400 | 0% |
| Trollwood | $350 | 0% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Maple Valley | $1,500 | +2% |
| Urban Plains | $1,377 | +32% |
| Anderson Park | $1,322 | +34% |
| Bluemont Lakes | $1,137 | +4% |
| Brandt Crossing | $1,100 | 0% |
| South Fargo | $1,079 | +5% |
| Amber Valley | $1,062 | +8% |
| Points West | $1,030 | +2% |
| Willow Park | $1,024 | +3% |
| Jefferson | $960 | +7% |
| Stone Bridge | $960 | +1% |
| West Acres | $895 | 0% |
| Roosevelt | $882 | -16% |
| Carl Ben | $877 | +19% |
| NDSU | $867 | +8% |
| Northport | $842 | +20% |
| Central Fargo | $835 | +5% |
| Brunsdale | $825 | +2% |
| Washington | $785 | +6% |
| Lewis and Clark | $750 | -- |
| Westgate | $702 | -1% |
| Lincoln | $650 | 0% |
| Village West | $647 | +10% |
| Trollwood | $390 | 0% |
How Other Cities Compare to Fargo, ND
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Dilworth | $630 | -- |
| West Fargo | $582 | -9% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| West Fargo | $945 | +4% |
| Dilworth | $875 | -- |
| Moorhead | $850 | -3% |
| Pelican Rapids | $782 | -- |
| Wahpeton | $750 | -2% |
| Ada | $700 | -- |
| Detroit Lakes | $625 | 0% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| West Fargo | $1,195 | +20% |
| Dilworth | $1,040 | -- |
| Moorhead | $965 | +2% |
| Wahpeton | $860 | -- |
| Detroit Lakes | $845 | 0% |
| Ada | $800 | -- |
| Mayville | $565 | +14% |
Fargo, ND Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 |
| $850 | $850 | $850 | $850 | $930 | $915 | $895 | $887 | $877 | $835 | $865 | $827 | $850 |
| $912 | $912 | $902 | $915 | $987 | $992 | $1000 | $997 | $950 | $947 | $945 | $953 | $977 |
| $1000 | $1017 | $1022 | $1012 | $1071 | $1066 | $1058 | $1050 | $1040 | $1037 | $1037 | $1037 | $1046 |
| $1258 | $1287 | $1290 | $1325 | $1337 | $1400 | $1420 | $1422 | $1437 | $1365 | $1360 | $1410 | $1410 |
Neighborhood Information for Fargo, ND
What are the most affordable neighborhoods in Fargo, ND?
The most affordable neighborhoods in Fargo are Trollwood, where the average 1-bedroom apartment rent goes for $350, Jefferson, where renters pay $400 on average for a 1-bedroom apartment, and Village West, where the average 1-bedroom apartment rent goes for $555. If you're looking for other great deals, check out the listings in Northport ($612 for a 1-bedroom apartment) or South High ($625 for a 1-bedroom apartment), compared to the $976 average for a Fargo 1-bedroom apartment.
What are the most expensive neighborhoods in Fargo, ND?
The most expensive neighborhoods in Fargo are Brandt Crossing, where the average 1-bedroom apartment rent goes for $1,340, Downtown, where renters pay $1,250 on average for a 1-bedroom apartment, and Maple Valley, where the average 1-bedroom apartment rent goes for $1,225. If you're looking for other premium neighborhoods, check out the listings in North Fargo ($1,202 for a 1-bedroom apartment) or Urban Plains ($1,137 for a 1-bedroom apartment), compared to the $976 average for a Fargo 1-bedroom apartment.
What are the most popular neighborhoods in Fargo, ND?
The most popular neighborhoods in Fargo are Central Fargo, where the average 1-bedroom apartment rent goes for $725, Westgate, where renters pay $660 on average for a 1-bedroom apartment, and Bluemont Lakes, where the average 1-bedroom apartment rent goes for $743. If you're looking for other popular neighborhoods, check out the listings in South High ($625 for a 1-bedroom apartment) or West Acres ($735 for a 1-bedroom apartment), compared to the $976 average for a Fargo 1-bedroom apartment.
