The Retreat
4906 28th Ave S,
Fargo, ND 58104
$1,085 - $1,850
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 December 2025, the average apartment rent in Fargo, ND is $793 for a studio, $922 for one bedroom, $1,087 for two bedrooms, and $1,458 for three bedrooms. Apartment rent in Fargo has increased by 1.7% in the past year.
The cost of living in Fargo, ND is 3.2% lower than the national average. Generally, housing in Fargo is 15.1% less expensive than the national average, with rent falling between $793 - $1,458. You can expect to pay 1.9% less for groceries, 18.5% less for utilities, and 0.1% less for transportation.
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
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
392 Students
Public
Grades K-5
368 Students
Independence Elementary School
Public
Grades K-5
537 Students
Public
Grades K-5
502 Students
Clara Barton Elementary School
Public
Grades K-5
346 Students
Public
Grades 6-8
975 Students
Public
Grades 6-8
883 Students
Carl Ben Eielson Middle School
Public
Grades 6-8
615 Students
Public
Public
Grades 9-12
1,083 Students
Public
Grades 9-12
1,204 Students
Public
Grades 9-12
961 Students
Public
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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 November 2025.