Rental market snapshot for Fargo, North Dakota

Fargo, North Dakota Rental Property Market Overview

Fargo, North Dakota is the largest city in the state and is home to 126,748 people as of 2021, according to the US Census. It is located in the Red River Valley, and is known for its vibrant culture, diverse economy, and friendly people. The city is home to a variety of attractions, including the Fargo Air Museum, the Plains Art Museum, and the Red River Zoo. Fargo also offers a variety of outdoor activities, such as biking, hiking, and fishing. With its diverse population and many attractions, Fargo is a great place to live and visit.

The average rent for an apartment in Fargo is $1,009. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Fargo North Dakota | Cost of Living

  • The most expensive ZIP code in Fargo is 58102 with an average price of $1,387.
  • The cheapest ZIP code in Fargo is 58103 with an average price of $857.

Fargo ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
158102$1,387
258104$1,287
358103$857

Live near Fargo, North Dakota's Top Sights and Attractions

Southwest Softball Complex is a state-of-the-art facility featuring four lighted softball fields, a concession stand, and a playground. The complex is located in a scenic area and offers a great view of the surrounding landscape. It is a popular destination for local teams and tournaments, as well as for families looking to spend the day outdoors. The fields are well-maintained and the complex is equipped with modern amenities such as restrooms, picnic tables, and a large parking lot.

Johnson Soccer Complex is a large outdoor sports facility located on the outskirts of town. It features a full-sized soccer field, two lighted practice fields, a concession stand, and a playground. The complex is well-maintained and offers a great place for families and friends to gather and enjoy a game of soccer. The complex also hosts tournaments and special events throughout the year.

Lindenwood Park is a large outdoor recreation area located in Fargo, North Dakota. It features a variety of activities, including walking trails, picnic areas, playgrounds, a disc golf course, and a large lake. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a popular spot for families, couples, and friends to enjoy the outdoors.

Island Park Pool is a popular outdoor swimming pool located in a scenic park. It features a large pool with a diving board, a kiddie pool, and a lazy river. There are also several slides, a concession stand, and a playground. The pool is open during the summer months and is a great place to cool off and have fun with family and friends.

Rabanus Park is a picturesque outdoor area located near the banks of a winding river. It features a variety of lush green spaces, walking trails, and a large pond. Visitors can enjoy a variety of activities such as fishing, canoeing, kayaking, and bird watching. There are also picnic tables and grills available for those who want to enjoy a meal outdoors. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Brandt Crossing Park is a beautiful outdoor space located in a bustling city. It features a large pond, walking trails, and a variety of wildlife. The park is a great spot for a picnic, a stroll, or a leisurely afternoon. There are plenty of benches and tables to relax and enjoy the scenery. The park also has a playground for children, and a large open field for sports and other activities. The park is well-maintained and provides a peaceful escape from the hustle and bustle of the city.

Willow Park is a beautiful outdoor space located in the heart of the city. It features a large lake, lush green grass, and plenty of trees for shade. There are plenty of walking paths, picnic tables, and benches for visitors to enjoy. The park also has a playground and a gazebo, perfect for family gatherings. During the summer months, the park hosts a variety of events, such as outdoor concerts, movies, and festivals.

Urban Plains Park is a large outdoor recreational area located in the heart of a bustling city. It features a variety of activities, including walking and biking trails, a playground, a disc golf course, and a large open field for sports and picnics. The park also has a pond with a fishing dock, a picnic shelter, and plenty of benches and tables for relaxing. The park is well-maintained and provides a great place for people of all ages to enjoy the outdoors.

Dike West is a scenic spot located on the Red River in Fargo, North Dakota. It is a popular spot for outdoor activities such as fishing, canoeing, kayaking, and bird watching. The area is also home to a variety of wildlife, including beavers, muskrats, and deer. The area is also known for its stunning views of the river and the surrounding countryside.

Red River Zoo is a family-friendly attraction located in a beautiful park setting. It features a variety of animals from around the world, including lions, tigers, giraffes, zebras, and more. Visitors can explore the zoo's many exhibits, take part in educational programs, and enjoy a variety of activities such as camel rides, animal encounters, and a petting zoo. The zoo also features a variety of dining options and a gift shop.

Fargo, North Dakota area median rent change by ZIP code map

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How does Fargo compare to other cities in North Dakota?

citymedian price
Watford City$1,275
Williston$1,120
Mandan$1,100
Dickinson$1,075
Minot$1,025
Devils Lake$900
Grand Forks$895
Jamestown$869
Wahpeton$729

Average household income in Fargo area graph - US Census

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The median household income in Fargo in 2021 was $60,243. This represents a 36.0% change from 2011 when the median was $44,304.

#categorypercent
0Less than $10,0006.2%
1$10,000 to $14,9994.0%
2$15,000 to $19,9995.6%
3$20,000 to $24,9994.6%
4$25,000 to $29,9994.4%
5$30,000 to $34,9995.0%
6$35,000 to $39,9994.3%
7$40,000 to $44,9994.4%
8$45,000 to $49,9993.8%
9$50,000 to $59,9999.4%
10$60,000 to $74,99910.6%
11$75,000 to $99,99912.9%
12$100,000 to $124,9998.2%
13$125,000 to $149,9996.3%
14$150,000 to $199,9994.9%
15$200,000 or more5.4%

Neighborhoods in Fargo

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Fargo is $1,009.
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