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.