Cheap Apartments for Rent in Fargo, ND from $300 (379 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fargo.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 2001 23rd St S

$710 - $750

1 To 2 Bedroom Rentals

Available May 1

2001 23rd St S

FargoND58103

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Fargo, ND Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Fargo, ND

Pricing Updated: 04/28/2026

Current apartment rentals in the Fargo, ND area range in price from $200 to $3,300 with an overall median price of $2,047. The three Fargo neighborhoods with the lowest median rent pricing are Westgate at $540, Prairiewood at $540, and South High at $200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fargo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Westgate$995$54027
Prairiewood$1,100$54048
South High$1,135$20093
Lewis and Clark$1,145$20079
Lincoln$1,365$42054
Brunsdale$1,395$42027
Bluemont Lakes$1,400$200288
West Acres$1,600$200343
Carl Ben$1,700$200165
Clara Barton$1,700$200388

Cheapest Available Fargo Apartments for Rent

 

The cheapest available apartment rental in Fargo, ND is a 3 Beds unit found at The Arbors at McCormick Park in the West Acres neighborhood priced from $200. Silver Leaf Apartments (North Fargo) in the Hawthorne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $410. Here is today’s list of the most affordable Fargo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Arbors at McCormick Park3 Bedroom3BR,1BA$200
Silver Leaf Apartments (North Fargo)Studio - No kitchenStudio,1BA$410
Silver Leaf South FargoStudio(No Kitchen)Studio,1BA$420
Royal Apartments1 Bedroom 1 Bathroom1BR,1BA$475
GardnerStudio A (190-210 sq ft)Studio,1BA$475
SaddlebrookStudio 01AStudio,1BA$520
Prairie One Apartments0 Bedroom 1 Bath - 51576Studio,1BA$530
Ivy GardensStudioStudio,1BA$540
6 11th St S1 Br (8)1BR,1BA$550

Best Value Apartments for Rent in Fargo, ND

As of April 28, 2026 the best value apartment in the Fargo area is the $0.75 price per square foot 2 Bed, 1 Bath Model at Bluemont Village Apartments in the in the West Acres neighborhood starting from $965. The second greatest value Fargo apartment is the Three Bedroom 32A Model at Crescent Park starting at $960 with a $0.80 price per square foot in the West Acres neighborhood. Here is today’s list of the best values for Fargo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bluemont Village Apartments2 Bed, 1 Bath2BR,1BA$0.75
Crescent ParkThree Bedroom 32A3BR,2BA$0.80
1360 32nd St South2 Beds, 1 bath2BR,1BA$0.60
North ManorTwo Bedroom 21B2BR,1BA$0.76
SunchaseTwo Bedroom 21A2BR,1BA$0.76
Place OneTwo Bedroom 21B2BR,1BA$0.77
FranceTwo Bedroom 21A2BR,1BA$0.74
Bella VistaTwo Bedroom 21A2BR,1BA$0.76
The Arbors at McCormick Park2 Bedroom2BR,1BA$0.29
Royal Apartments1 Bedroom 1 Bathroom1BR,1BA$0.73

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Fargo Overview

You’ll find plenty of options when looking for Fargo, ND apartments. The city is located in the extreme north of the US. This means that much of the state is very rural. If you love the outdoors, then you’ll love Fargo, ND. Wildlife viewing and camping abound outside of the city. Within Fargo, you’ll find all of the conveniences of a big city and a small-town feel all rolled into one.

Why live in Fargo, ND?

By choosing Fargo, ND for your new home, you won’t be disappointed. If you’re an angler or recreational boater, you’ll love the Red River. One well-known outdoor editor referred to the Red as the “crown jewel” of trophy channel cat fishing. You’ll also find northern pike, walleye and smallmouth bass in its waters. If outdoor activities aren’t your thing or it’s too cold outside, check out the West Acres Mall. With over 120 shops, you’re sure to find something that piques your interest.

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Fargo, ND

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Fargo Apartments

What is a cheap apartment in Fargo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fargo is under $550.

What is the price of a cheap apartment in Fargo?

The cheapest apartment in Fargo is Royal Apartments which is listed at $475, while the average apartment in Fargo costs $2,047.

What types of apartments are the cheapest in Fargo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 362 regular apartments in Fargo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fargo?

Cheap apartments in Fargo have an average cost of $501 which is $1,546 cheaper than the average rent for all rentals in Fargo.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.