Downtown Fargo has many art murals throughout the neighborhood to enjoy.
People love skating on the outdoor ice rinks in Fargo.
Bring friends and family to the awesome Downtown Fargo Street Fair
The Folkways Night Bazaar Circus is a free event in Downtown Fargo.

Fargo, ND

Area Guide

Avg Rent

$950

Population

133,900

Renter Mix

59% Rent

North Dakota city proudly located North of Normal

Unique Artistic Hip

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.

Explore the City

People love skating on the outdoor ice rinks in Fargo.

Bring friends and family to the awesome Downtown Fargo Street Fair

The Folkways Night Bazaar Circus is a free event in Downtown Fargo.

Homes from four squares to Tudors showcase many styles in the Roosevelt neighborhood.

A row of beautifully restored historic homes in the Hawthorne neighborhood.

The Red River that runs through the park is a popular spot for fishing, kayaking and picnics.

Demographics

Median Household Income

$59,371

Average: $80,713

Education

45,763

Residents Have a Degree

Job Market

79,031

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

34 Years

Largest Age Group

20-29 Years

Approximately 19% of Residents

Under 20

24%

Over 65

14%

Housing Distribution

Fargo has more renters than homeowners.

Renters
59%
Non-Renters
41%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
28%
Other Education
72%

Rent Trends

As of June 2026, the average apartment rent in Fargo, ND is $810 for a studio, $949 for one bedroom, $1,123 for two bedrooms, and $1,491 for three bedrooms. Apartment rent in Fargo has increased by 1.2% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$949/month
703 Sq Ft
House
$2,014/month
1,585 Sq Ft
Condo
$669/month
230 Sq Ft
Townhome
$1,939/month
1,326 Sq Ft
See Rental Market Trends in Fargo, ND

Cost of Living

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 $810 - $1,491. You can expect to pay 2.0% less for groceries, 16.9% less for utilities, and 1.1% more for transportation.

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Getting Around

Fairly Walkable

Walkability

50 / 100

Limited Public Transit

Transit

20 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Longfellow Elementary School

Public

Grades K-5

392 Students

Horace Mann Elementary School

Public

Grades K-5

368 Students

Independence Elementary School

Public

Grades K-5

537 Students

Independence Elementary

Public

Grades K-5

537 Students

Deer Creek Elementary School

Public

Grades K-5

502 Students

Discovery Middle School

Public

Grades 6-8

975 Students

Ben Franklin Middle School

Public

Grades 6-8

883 Students

Carl Ben Eielson Middle School

Public

Grades 6-8

615 Students

Fargo Spec Ed Unit

Public

Grades K-12

North High School

Public

Grades 9-12

1,083 Students

Fargo Davies High School

Public

Grades 9-12

1,261 Students

South High School

Public

Grades 9-12

961 Students

Dakota High School

Public

Grades 9-12

109 Students

FPS 9-12 Virtual Academy

Public

Grades 9-12

42 Students

Points of Interest

Parks and Recreation

  • Red River Zoo
  • Island Park
  • Old Town Hot Springs
  • MSUM Planetarium
  • The Children's Museum at Yunker Farm

Commuter Rail

Airports

  • Hector International

Top Apartments in Fargo

Houses for Rent in Fargo

Search Nearby Rentals

Methodology

† 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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.