
Cheap Homes for Rent in Downtown Fargo Neighborhood of Fargo, ND from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Fargo area of Fargo.


701 4th St N

6 11th St S

1211-11 1/2 11 1/2 St N
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.

811 7th Ave N

727 1/2 3rd St N

501 7th St S
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.
Downtown Fargo, Fargo, ND Local Guide

How much does it cost to rent a home in Downtown Fargo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Fargo 2 Bedroom Homes for Rent | $1,090 | $895 | $1,400 |
| Downtown Fargo 3 Bedroom Homes for Rent | $1,697 | $1,395 | $2,000 |
| Downtown Fargo 4 Bedroom Homes for Rent | $1,585 | $1,395 | $1,775 |
| Downtown Fargo 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Downtown Fargo 6 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Fargo Neighborhood of Fargo, ND.
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Downtown Fargo, Fargo, ND Local Guide
- Nearby Fargo neighborhoods
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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 Gardner priced from $460. 202 Flats has the second lowest priced unit, which is a Studio apartment currently listed from $520. Here are the most affordable Downtown Fargo apartments for rent in Fargo, ND:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gardner | Studio A (190-210 sq ft) | Studio,1BA | $460 |
| 202 Flats | 0BR/1.0BA | Studio,1BA | $520 |
| Leann Apartments | Studio 2 | Studio,1BA | $620 |
Best Value Apartments for Rent in Downtown Fargo, ND
As of December 08, 2025 the best value apartment in the Downtown Fargo area is the $1.14 price per square foot 2BR/2.0BA Model at Cityscapes Plaza Residential in the in the Hawthorne neighborhood starting from $1,275. The second greatest value Downtown Fargo apartment is the 2 Bedroom 2 Bathroom Model at Warehouse Apartments starting at $1,120 with a $1.10 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cityscapes Plaza Residential | 2BR/2.0BA | 2BR,2BA | $1.14 |
| Warehouse Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.10 |
| College Manor | 2 Bed - Corner | 2BR,1BA | $0.72 |
| Islander | Two Bedroom 21B | 2BR,1BA | $0.78 |
| Park Terrace | Two Bedroom 21B | 2BR,1BA | $0.87 |
| Monticello | Two Bedroom 21A | 2BR,1BA | $0.88 |
| Billmeyer Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.00 |
| Morningside | One Bedroom 11A | 1BR,1BA | $1.14 |
| Leann Apartments | Lower North 1 | 1BR,1BA | $1.20 |
| 202 Flats | 0BR/1.0BA | Studio ,1BA | $1.04 |
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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Fargo, Fargo, ND
Ranked #18
Among cities in North Dakota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Fargo
What type of rentals are currently available in Downtown Fargo?
There are currently 89 Apartments for Rent in Downtown Fargo, ND with pricing that ranges from $435 to $3,150. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fargo ranging from $500 to $2,600.
What is the current price range for Rental Homes in Downtown Fargo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Fargo ranges from $500 to $2,600 with an average monthly rent of $1,492.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
