What is the average apartment size in Fargo?

The average size for a Fargo, ND apartment is 964 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Fargo?

As of Jan / 2026, the average rent in Fargo is $1,127 per month, a 2.36% increase from last years average of $1,101.

How much does rent cost by apartment size in Fargo?

In Fargo, studios rent for $804 per month, one-bedroom units average $974 per month, two-bedrooms cost around $1,130 per month, and three-bedroom apartments rent for about $1,504 per month

What is the average apartment size in Fargo?

The typical apartment in Fargo offers about 964 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Fargo?

Studio apartments in Fargo average 515 sq. ft., one-bedrooms offer 713 sq. ft., two-bedrooms are about 1,044 sq. ft., and three-bedroom apartments average 1,356 sq. ft.

What are the most affordable neighborhoods in Fargo?

The most affordable neighborhoods in Fargo include Trollwood ($526/month), Village West ($798/month), and Southpointe ($848/month), all below the citywide average of $1,127.

What are the most expensive neighborhoods in Fargo?

The most expensive neighborhoods in Fargo are Urban Plains ($1,303/month), Downtown Fargo ($1,350/month), and Brandt Crossing ($1,557/month), often due to premium locations and high-end amenities.

Fargo, ND Rental Market Trends

Q: What's the typical rent budget in Fargo?

The typical rent budget in Fargo ranges from to per month, with 43% of rentals in this range.

Q: Do most people rent or own in Fargo?

In Fargo, 56% of households rent while 44% own their homes, based on the latest U.S. Census data.

Last updated: February 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Fargo is $1,127, a 2.36% increase compared to the previous year, when the average rent was $1,101.

Studio Apartments at $804 offer the most budget-friendly option with 515 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 713 square feet for $974, balancing privacy and affordability.

Two-beedroom units at $1,130 offer 1,044 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,356 sq ft) for $1,504, suitable for larger households.

Average rent in Fargo, ND

Last updated: February 23, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,127	964 sq. ft.
Studio	$804	515 sq. ft.
1 Bed	$974	713 sq. ft.
2 Beds	$1,130	1,044 sq. ft.
3 Beds	$1,504	1,356 sq. ft.

Fargo, ND rent trends

Rental prices in Fargo, ND have increased by 2.36% over the past year. The average rent moved from $1,101 to $1,127.

What's the typical rent budget in Fargo, ND?

The largest share of rentals in Fargo, ND (43%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Fargo, ND?

32,745 or 56% of the households in Fargo, ND are renter-occupied while 25,884 or 44% are owner-occupied.

Most affordable neighborhoods in Fargo?

Trollwood $526/month

Village West $798/month

Southpointe $848/month

All of these neighborhoods fall below the city wide average of $1,127/month.

Most expensive neighborhoods in Fargo?

Urban Plains $1,303/month

Downtown Fargo $1,350/month

Brandt Crossing $1,557/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Fargo, ND By Neighborhood

Neighborhood	Average Rent
Brandt Crossing	$1,557
Downtown Fargo	$1,350
Urban Plains	$1,303
Madison - Unicorn Park	$1,274
Prairiewoods	$1,220
Anderson Park	$1,198
Centennial	$1,155
Roosevelt - NDSU	$1,144
Amber Valley	$1,097
Bluemont Lakes	$1,077
Stonebridge	$1,072
Pointe West	$1,055
Willow Park	$1,009
Northport	$992
West Acres	$879
Brunsdale	$873
Westgate	$867
Southpointe	$848
Village West	$798
Trollwood	$526

Fargo | Rent Comparison by Neighborhood

Rent in Amber Valley is 8% lower than in Anderson Park

$1,097

Amber Valley rent is 3% lower than Fargo average

Average Rent $1,097

$1,198

Anderson Park rent is 6% higher than Fargo average

Average Rent $1,198

How Fargo Compares to Other Cities

City	Average Rent
Fargo	$1,127
Grand Forks	$1,279
West Fargo	$1,083
Moorhead, MN	$1,081

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Fargo apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.