Average Rent in Fargo, ND (2026)

Typical asking rent in Fargo is $1,077. Across the 3 ZIP codes with data it runs from $873 to $1,266, so which side of town you buy on matters as much as the city average. Data as of September 2026.

Median rent
$1,077
Average rent
$1,072
Lowest ZIP
$873
Highest ZIP
$1,266

Rent by ZIP code in Fargo

ZIP codeCountyTypical rentvs city median
58104Cass County$1,266+18%
58102Cass County$1,0770%
58103Cass County$873-19%

Rent by bedroom count in Fargo

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Cass County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Cass County uses Small Area FMRs, and the two bedroom figure runs from $1,040 to $1,300 depending on the Fargo ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$781+1.7%
1 bedroom$903-1.5%
2 bedroom$1,104-0.7%
3 bedroom$1,529-1.2%
4 bedroom$1,845-1.1%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Fargo?

Typical rent across Cass County is $1,107 as of September 2026. That is up 3.7% from a year earlier and up 25.6% over five years.

YearTypical rent, Cass CountyChange
2021$901+5.6%
2022$954+5.8%
2023$1,014+6.3%
2024$1,059+4.4%
2025$1,068+0.8%
2026 (through September)$1,107+3.7%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Fargo rent questions

What is the average rent in Fargo, ND?
Typical asking rent in Fargo is $1,077 a month as of September 2026, across 3 ZIP codes. By ZIP code it runs from $873 to $1,266.
How much is rent for a 2 bedroom in Fargo?
HUD's FY2027 Fair Market Rent for a two bedroom in Cass County is $1,104 a month including utilities. A one bedroom is $903 and a three bedroom is $1,529. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Fargo?
Rent is rising. Typical rent in Cass County is $1,107 as of September 2026, up 3.7% from a year earlier.
What is the cheapest ZIP code to rent in Fargo?
ZIP 58103 has the lowest typical asking rent in Fargo at $873 a month, compared with $1,077 for the city overall.
How much income do you need to rent in Fargo?
Most landlords look for gross income of about three times the rent. At the typical Fargo rent of $1,077, that is about $3,231 a month, or $38,772 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Fargo sits in the Fargo, ND-MN metro area.

Other North Dakota cities

Would a rental in Fargo cash flow?

Start the analyzer with the Fargo median rent of $1,077 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.