Park Avenue Apartments
555 S 40th St,
Fargo, ND 58103
$1,270 - $1,990
2-3 Beds
Village West is a neighborhood located just four miles southwest of Downtown Fargo. Village West is predominately residential, but it’s a great option for renters who want an abundance of amenities close to home since the neighborhood is located along two of the city’s commercial corridors. Village West is home also home to several big-box department stores, grocers, and a movie theater. Fargo has a low cost of living and similarly the rentals in Village West are typically inexpensive as well. Along with proximity to Fargo’s charming downtown, Village West is convenient to North Dakota State University, Minnesota State University Moorhead, Concordia College, and Hector International Airport.
As of December 2025, the average apartment rent in Village West is $579 for a studio, $794 for one bedroom, $910 for two bedrooms, and $1,131 for three bedrooms. Apartment rent in Village West has increased by 3.4% in the past year.
Studio
100 sq ft
Average Sq Ft
$579/month
Average Rent
1 BR
669 sq ft
Average Sq Ft
$794/month
Average Rent
2 BR
952 sq ft
Average Sq Ft
$910/month
Average Rent
3 BR
1,238 sq ft
Average Sq Ft
$1,131/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need 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.
Niche User
10 years and 8 months ago•Niche Review
The unemployment is one of the lowest in the nation. There are many positions that go unfilled do to lack of people to fill them. The city is growing rapidly. I am not sure though what fields are in the greatest need, hourly or salaried/degree positions.
Niche User
10 years and 8 months ago•Niche Review
Lots of new restaurants have come to Fargo in the past few years along with the local independent restaurants.
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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.