Cheap Apartments for Rent in the Downtown Fargo Neighborhood of Fargo, ND from $430 (61 Rentals)

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

property at 303 Eddy Ct S

$750 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$750 - $1,100
Total Monthly Price
$750 - $1,100

Studio To 1 Bedroom Homes for Rent

Available Now

303 Eddy Ct S

FargoND58103

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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J Street Flats
Rent Specials
$1,000 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $2,150
Total Monthly Price
$1,000 - $2,150
1 to 3 Bedroom Apartments Available Now

J Street Flats

1418 1st Ave NFargo, ND 58102
Affordability
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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Pride 1
1 Bedroom Apartments

Pride 1

520 3rd St NFargo, ND 58102
  • Utilities Included
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6 11th St S
Studio to 2 Bedroom Apartments

6 11th St S

6 11th St SFargo, ND 58103
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Pershing Park
1 to 2 Bedroom Apartments

Pershing Park

1341 8th Ave NFargo, ND 58102
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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
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Leann Apartments
Studio to 1 Bedroom Apartments

Leann Apartments

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

The Edge Artist Flats

1321 N 5th AveFargo, ND 58102
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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

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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Monticello
1 to 2 Bedroom Apartments

Monticello

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

Morningside

825 14th St NFargo, ND 58102
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720
Studio Apartments

720

720 6th Ave 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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College Manor
1 to 2 Bedroom Apartments

College Manor

808 College St NFargo, ND 58102
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Greving Apartments
1 to 2 Bedroom Apartments

Greving Apartments

507 11th St SFargo, ND 58103
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Islander
1 to 2 Bedroom Apartments

Islander

415 7th St SFargo, ND 58103
  • Utilities Included

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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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 Studio unit found at The Gardner priced from $475. 202 Flats has the second lowest priced unit, which is a Studio apartment currently listed from $620. Here are the most affordable Downtown Fargo apartments for rent in Fargo, ND:

Apartment ListingModel NameBed/BathPriced From
The GardnerStudio A (190-210 sq ft)Studio,1BA$475
202 Flats0BR/1.0BAStudio,1BA$620
8 7th Street FlatsSmall StudioStudio,1BA$725
Park Ridge ApartmentsEfficiency SmallStudio,1BA$750
Prescott Apartments1BR/1.0BA1BR,1BA$750
Billmeyer Apartments1 Bed/1 Bath1BR,1BA$800
Pershing Park Apartments2 Bedroom2BR,1BA$800
IslanderTwo Bedroom 21B2BR,1BA$850
Dillard ApartmentsJanneck ADAStudio,1BA$870
Gateway NorthHumbleStudio,1BA$875

Best Value Apartments for Rent in Downtown Fargo, ND

As of August 26, 2026 the best value apartment in the Downtown Fargo area is the $1.25 price per square foot 1341 4th Ave S Model at 1341 4th Ave S, Unit Unit2 in the in the Hawthorne neighborhood starting from $1,500. The second greatest value Downtown Fargo apartment is the Lincoln (2x2) Model at Woodrow starting at $1,445 with a $1.31 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.
1341 4th Ave S, Unit Unit21341 4th Ave S2BR,1BA$1.25
WoodrowLincoln (2x2)2BR,2BA$1.31
The Marks2BR/2.0BA2BR,2BA$1.30
IslanderTwo Bedroom 21B2BR,1BA$0.89
Historic Downtown Location in Fargo, NDFloorplan 51BR,1BA$1.17
Block 6 ApartmentsCrystal/Waldorf 2 Bed, 1 Bath2BR,1BA$1.09
Billmeyer Apartments1 Bed/1 Bath1BR,1BA$1.00
Kassenborg ApartmentsWoodlawn Terrace | 1 Bed, 1 Bath1BR,1BA$1.27
Pershing Park Apartments2 Bedroom2BR,1BA$1.23
202 Flats0BR/1.0BAStudio ,1BA$1.24

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #21

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 The Gardner listed at $475.

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

The lowest price for a Cheap One Bedroom Downtown Fargo Apartment is $750 at Prescott 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 $800 at Pershing Park Apartments.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.