Median Age
34 Years
Largest Age Group
20-29 Years
Approximately 19% of Residents
Under 20
24%
Over 65
14%
Fargo
Fargo, ND Area Guide
Avg Rent
$943
Population
133,900
Renter Mix
59% Rent
North Dakota city proudly located North of Normal
Unique
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Artistic
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Hip
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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
Bring friends and family to the awesome Downtown Fargo Street Fair
The Folkways Night Bazaar Circus is a free event in Downtown Fargo.
The Red River that runs through the park is a popular spot for fishing, kayaking and picnics.
Homes from four squares to Tudors showcase many styles in the Roosevelt neighborhood.
A row of beautifully restored historic homes in the Hawthorne neighborhood.
People love skating on the outdoor ice rinks in Fargo.
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.
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 May 2026, the average apartment rent in Fargo, ND is $797 for a studio, $937 for one bedroom, $1,102 for two bedrooms, and $1,479 for three bedrooms. Apartment rent in Fargo has increased by 1.2% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$937/month
704 Sq Ft
House
$1,923/month
1,479 Sq Ft
Condo
$741/month
108 Sq Ft
Townhome
$2,056/month
1,569 Sq Ft
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 $805 - $1,480. 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
Explore how walkable, bikeable, drivable, and transit-friendly Fargo, ND is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Limited Public Transit
Transit
20
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Fairly Bikeable
Bikeability
50
/ 100
Scores provided by
Schools
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
Grades K-12
Evaluation and Training Center
Public
Grades K-12
Public
Grades 9-12
1,083 Students
Public
Grades 9-12
1,261 Students
Public
Grades 9-12
961 Students
Public
Grades 9-12
42 Students
Public
Grades 9-12
School data provided by
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.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
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.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
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
Military Bases
Airports
- Hector International
Top Apartments in Fargo
Houses for Rent in Fargo
Property Management Companies in Fargo, ND
Campbell Properties
-
65
Communities
-
4,984
Units
-
20
Cities
32 Communities in Fargo
Prairie Property Management
-
21
Communities
-
2,296
Units
-
4
Cities
19 Communities in Fargo
Goldmark
-
32
Communities
-
7,110
Units
-
13
Cities
15 Communities in Fargo
Enclave
-
35
Communities
-
5,746
Units
-
15
Cities
14 Communities in Fargo
Property Resources Group
-
13
Communities
-
1,889
Units
-
5
Cities
11 Communities in Fargo
Dakota Real Estate Investment Trust
-
20
Communities
-
2,198
Units
-
4
Cities
10 Communities in Fargo
Search Nearby Rentals
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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 February 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.