The Retreat
4906 28th Ave S,
Fargo, ND 58104
$1,135 - $1,980
Studio - 3 Beds
Located along the Red River of the North, Fargo combines small-city accessibility with metropolitan amenities. The city's rental market remains affordable, with average one-bedroom apartments renting for $894, showing a 1.4% increase over the past year. Downtown Fargo features restored historic buildings alongside modern apartments. The city's park system includes Island Park, which offers walking trails and recreational facilities. Local landmarks like the historic Fargo Theatre and Plains Art Museum add to the downtown scene. The Roosevelt neighborhood, near North Dakota State University, is particularly popular with students.
As North Dakota's largest city, Fargo offers diverse rental options, from downtown apartments to residential communities in the expanding south and southwest areas. The average two-bedroom apartment rents for $1,058, while three-bedroom units typically rent for $1,440 monthly. The local economy is supported by healthcare, technology, and education sectors, with major employers including Sanford Health and Microsoft's second-largest campus in North America. The city's railroad heritage is celebrated through community events like the annual Downtown Fargo Street Fair, which transforms the streets into an outdoor marketplace.
Downtown Fargo has many art murals throughout the neighborhood to enjoy.
A row of beautifully resorted historic homes in the Hawthorne neighborhood.
People love skating on the outdoor ice rinks in Fargo.
As of March 2026, the average apartment rent in Fargo, ND is $798 for a studio, $939 for one bedroom, $1,100 for two bedrooms, and $1,479 for three bedrooms. Apartment rent in Fargo has increased by 1.2% in the past year.
The cost of living in Fargo, ND is 3.6% lower than the national average. Generally, housing in Fargo is 16.3% less expensive than the national average, with rent falling between $798 - $1,479. You can expect to pay 2.0% less for groceries, 16.9% less for utilities, and 1.1% more for transportation.
Explore how walkable, bikeable, drivable, and transit-friendly Fargo, ND is for everyday living.
Car-Dependent
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Public
Grades K-5
Public
Grades K-5
Independence Elementary School
Public
Grades K-5
Public
Grades K-5
Clara Barton Elementary School
Public
Grades K-5
Public
Grades 6-8
Public
Grades 6-8
Carl Ben Eielson Middle School
Public
Grades 6-8
Evaluation and Training Center
Public
Grades K-12
Public
Grades K-12
Public
Grades 9-12
Public
Grades 9-12
1,204 Students
Public
Grades 9-12
Public
Grades K-12
Evaluation and Training Center
Public
Grades K-12
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.