Cheap Homes for Rent in Downtown Fargo Neighborhood of Fargo, ND from $700 (5 Rentals)

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

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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.

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 Gardner priced from $470. Erickson Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here are the most affordable Downtown Fargo apartments for rent in Fargo, ND:

Apartment ListingModel NameBed/BathPriced From
GardnerStudio B (215-240 sq ft)Studio,1BA$470
Erickson ApartmentsEfficiency ApartmentStudio,1BA$500
202 Flats0BR/1.0BAStudio,1BA$520

Best Value Apartments for Rent in Downtown Fargo, ND

As of September 06, 2025 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 Bed, 2 Bath | Small Model at Park Ridge Apartments starting at $1,305 with a $1.07 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
Park Ridge Apartments2 Bed, 2 Bath | Small2BR,2BA$1.07
Warehouse Apartments2 Bedroom 2 Bathroom2BR,2BA$1.10
College Manor2 Bed - Corner2BR,1BA$0.72
Park TerraceTwo Bedroom 21B2BR,1BA$0.84
IslanderTwo Bedroom 21B2BR,1BA$0.84
Tea Leaf Apartments1BR/1.0BA1BR,1BA$0.82
MorningsideTwo Bedroom 21B2BR,1BA$0.94
1414 5th Ave S, Unit #21414 5th Ave S1BR,1BA$0.95
202 Flats0BR/1.0BAStudio ,1BA$1.04

Quick Rent Budget Calculator

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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 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 $3,315. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Fargo ranging from $765 to $2,400.

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 $765 to $2,400 with an average monthly rent of $1,443.

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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.