Cheap Apartments for Rent in the Downtown Fargo Neighborhood of Fargo, ND from $400 (58 Rentals)

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

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Tea Leaf Apartments
Rent Specials
$695 - $975
Total Monthly Price

Total Monthly Price

Base Rent
$695 - $975

Total Monthly Price
$695 - $975
1 Bedroom Apartments Available Now

Tea Leaf Apartments

101 University Dr SFargo, ND 58103
Affordability
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  • Utilities Included
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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.

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.

property at 1317 1st Ave N

$1,000 - $1,100

2 To 3 Bedroom Rentals

Available Now

1317 1st Ave N

FargoND58102
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400 Building
1 Bedroom Apartments

400 Building

400 BroadwayFargo, ND 58102
Senior Living
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McDonald 820
Studio to 2 Bedroom Apartments

McDonald 820

820 Broadway NFargo, ND 58102
  • Utilities Included
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Baker Lofts
Studio to 2 Bedroom Apartments

Baker Lofts

717 8th St NFargo, ND 58102
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Pride 1
1 Bedroom Apartments

Pride 1

520 3rd St NFargo, ND 58102
  • Utilities Included
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Pershing Park
1 to 2 Bedroom Apartments

Pershing Park

1341 8th Ave NFargo, ND 58102
  • Utilities Included

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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Luxford Court
1 Bedroom Apartments

Luxford Court

657 8th St SFargo, ND 58103
  • Utilities Included
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506 Roberts St N
1 to 2 Bedroom Apartments

506 Roberts St N

506 Roberts St NFargo, ND 58102
  • Utilities Included
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Leann Apartments
Studio to 1 Bedroom Apartments

Leann Apartments

620 9th AveFargo, ND 58102
  • Utilities Included
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The Edge Artist Flats
1 to 3 Bedroom Apartments

The Edge Artist Flats

1321 N 5th AveFargo, ND 58102
  • Utilities Included
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Lofts 107
1 Bedroom Apartments

Lofts 107

107 1/2 Roberts St NFargo, ND 58102
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Milton Earl
1 to 2 Bedroom Apartments

Milton Earl

708 4th Ave NFargo, ND 58102
Senior Living
  • Utilities Included
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L & R Apartments
1 to 2 Bedroom Apartments

L & R Apartments

612 8th St SFargo, ND 58103
  • Utilities Included
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Pershing 1
1 to 2 Bedroom Apartments

Pershing 1

1334 9th Ave NFargo, ND 58102
  • Utilities Included
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Islander
1 to 2 Bedroom Apartments

Islander

415 7th St SFargo, ND 58103
  • Utilities Included

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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College Manor
1 to 2 Bedroom Apartments

College Manor

808 College St NFargo, ND 58102
  • Utilities Included
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Monticello
1 to 2 Bedroom Apartments

Monticello

711 University Dr NFargo, ND 58102
  • Utilities Included
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Morningside
1 to 2 Bedroom Apartments

Morningside

825 14th St NFargo, ND 58102
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Park Terrace
1 to 3 Bedroom Apartments

Park Terrace

315 7th St SFargo, ND 58103
  • Utilities Included
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Greving Apartments
1 to 2 Bedroom Apartments

Greving Apartments

507 11th St SFargo, ND 58103
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OLD TOWN APARTMENTS
1 to 2 Bedroom Apartments

OLD TOWN APARTMENTS

915 Broadway NFargo, ND 58102
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Downtown Fargo, Fargo, ND Local Guide

Cheapest Available Downtown Fargo Apartments for Rent

 

The cheapest available apartment rental in the Downtown Fargo area of Fargo, ND is a 1 Bed unit found at Tea Leaf Apartments priced from $695. Block 6 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here are the most affordable Downtown Fargo apartments for rent in Fargo, ND:

Apartment ListingModel NameBed/BathPriced From
Tea Leaf Apartments1 Bedroom, walk in shower1BR,1BA$695
Block 6 ApartmentsdeLendrecies StudioStudio,1BA$710
MonticelloTwo Bedroom 21A2BR,1BA$715
MorningsideTwo Bedroom 21A2BR,1BA$725
8 7th Street FlatsSmall StudioStudio,1BA$725
IslanderTwo Bedroom 21B2BR,1BA$790
Park TerraceTwo Bedroom 21A2BR,1BA$795
Billmeyer Apartments1 Bed/1 Bath1BR,1BA$800
RoCo ApartmentsHudsonStudio,1BA$825
Kesler ApartmentsEttaStudio,1BA$825

Best Value Apartments for Rent in Downtown Fargo, ND

As of February 26, 2026 the best value apartment in the Downtown Fargo area is the $1.11 price per square foot Arroda Model at The Arch in the in the Hawthorne neighborhood starting from $1,875. The second greatest value Downtown Fargo apartment is the 1341 4th Ave S Model at 1341 4th Ave S, Unit Unit2 starting at $1,500 with a $1.25 price per square foot in the Hawthorne neighborhood. Here is today’s list of the best values for Downtown Fargo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ArchArroda2BR,1.5BA$1.11
1341 4th Ave S, Unit Unit21341 4th Ave S2BR,1BA$1.25
Kassenborg ApartmentsWoodlawn Terrace | 3 Bed, 2 Bath3BR,2BA$1.22
Warehouse Apartments2 Bedroom 2 Bathroom2BR,2BA$1.10
IslanderTwo Bedroom 21B2BR,1BA$0.83
Park TerraceTwo Bedroom 21B2BR,1BA$0.85
MonticelloTwo Bedroom 21A2BR,1BA$0.80
Tea Leaf ApartmentsFurnished1BR,1BA$1.15
Billmeyer Apartments1 Bed/1 Bath1BR,1BA$1.00
MorningsideOne Bedroom 11A1BR,1BA$1.08

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

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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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Pet Friendly Lifestyle
Downtown Fargo, Fargo, ND

Ranked #20

Among cities in North Dakota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Fargo Apartments

What is the Cheapest Studio apartment in Downtown Fargo?

Currently the most affordable Cheap Studio Apartment in Downtown Fargo is at Erickson Apartments listed at $500.

How much is rent for a Cheap One Bedroom Downtown Fargo Apartment?

The lowest price for a Cheap One Bedroom Downtown Fargo Apartment is $695 at Tea Leaf Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Fargo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Fargo is starting from $715 at Monticello.

What is the most affordable Downtown Fargo Three Bedroom Apartment?

The best deal on a cheap Downtown Fargo Three Bedroom Apartment rental is at Kassenborg Apartments and starts from $1,400.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.