Home values and rents: available snapshot
Only one observation is stored for Fargo, ND. A historical trend cannot be calculated from this snapshot.
- Typical home value (ZHVI)
- $327,854
- Source period: 2026-05-31
- Monthly rent index (ZORI)
- $1,156
- Source period: 2026-05-31
Stored snapshot: 2026-06-29. Source dates describe the underlying observations, not today’s market.
Quick Investment Calculator
Purchase
Monthly Cash Flow
* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.
Score Breakdown
Based on 4.23% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.
Based on 3.0% YoY price growth. Moderate growth (3-8%) scores highest.
Based on 0.0% population growth. Growing areas indicate economic stability.
Based on price relative to estimated local incomes.
Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.
Investment Outlook
Strengths
- +Low unemployment (0.0%)
Challenges
- -Below-average rent-to-price ratio (4.23%)
- -Negative cash flow at typical financing (-$967/mo)
- -Negative leverage (cap rate 2.8% < mortgage rate 6.9%)
Counties in Fargo, ND
Section 8 in Fargo, ND: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.
Compare to Similar Metros
| Metro Area | Verdict | ||||||
|---|---|---|---|---|---|---|---|
Picayune, MS Picayune, MS | 75 | $200,137 | $1,328 | 7.96% | Strong Buy | View | |
Poplar Bluff, MO Poplar Bluff, MO | 75 | $168,352 | $1,083 | 7.72% | Strong Buy | View | |
Batavia, NY Batavia, NY | 75 | $224,174 | Est. | Strong Buy | View | ||
Sturgis, MI Sturgis, MI | 75 | $219,027 | Est. | Strong Buy | View | ||
Lewistown, PA Lewistown, PA | 75 | $196,867 | Est. | Strong Buy | View | ||
Current Fargo, ND | 55 | $327,854 | $1,156 | 4.23% | Hold |
Rent vs buy in this metro
The Bottom Line
The Fargo, ND metro area scores 55/100, ranking #638 of 894 US metros (top 71%). The 4.23% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.