Cheap Homes for Rent in Downtown Fargo Neighborhood of Fargo, ND from $500 (5 Rentals)

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

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.

property at 611 9th Ave N

$755 - $795

1 Bedroom Rentals

Available Now

611 9th Ave N

FargoND58102

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.

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 202 Flats priced from $520. Leann Apartments 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
202 Flats0BR/1.0BAStudio,1BA$520
Leann ApartmentsStudio 2Studio,1BA$620
Tea Leaf Apartments1 Bedroom, walk in shower1BR,1BA$695

Best Value Apartments for Rent in Downtown Fargo, ND

As of January 23, 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The ArchArroda2BR,1.5BA$1.11
Warehouse Apartments2 Bedroom 2 Bathroom2BR,2BA$1.10
IslanderTwo Bedroom 21B2BR,1BA$0.86
Park TerraceTwo Bedroom 21B2BR,1BA$0.79
MonticelloTwo Bedroom 21A2BR,1BA$0.86
Tea Leaf ApartmentsFurnished1BR,1BA$1.15
MorningsideTwo Bedroom 21B2BR,1BA$0.91
Billmeyer Apartments1 Bed/1 Bath1BR,1BA$1.00
Leann ApartmentsLower North 11BR,1BA$1.20
202 Flats0BR/1.0BAStudio ,1BA$1.04

Frequently Asked Questions about Downtown Fargo

What type of rentals are currently available in Downtown Fargo?

There are currently 92 Apartments for Rent in Downtown Fargo, ND with pricing that ranges from $435 to $2,900. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fargo ranging from $550 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 $550 to $2,600 with an average monthly rent of $1,519.

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

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.