
Cheap Homes for Rent in Fargo, ND from $500 (34 Rentals)
Search the lowest-cost Homes available for rent right now in Fargo.


1304 19 1/2 St S

1121 2nd Ave S

1002 5th St N, Unit 4

910 8th St S, Unit 10

2913 8th St N

32 10th Ave N

1117 2nd Ave S
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.

908 8th St S, Unit 12

1510 E Gateway Cir S

1401 14th St E, Unit 3

344 6th Ave S, Unit 2

214 12th St S

1121 14th Ave E, Unit 20

914-15t 15th St N

102-15t 15th 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.

1409 14th Ave E, Unit 7

1409 14th Ave E, Unit 9

1401 12th St E, Unit 21

1409 14th Ave E, Unit 5

1515 14th Ave E, Unit 8

1121 14th Ave E, Unit 11

1415 14th Ave E, Unit 22

1401 14th St E, Unit 10
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.

57 11th Ave N

1011 19th St S, Unit 4

61 Center St

1515 14th Ave E, Unit 9

1401 12th St E, Unit 2

1401 12th St E, Unit 9

1515 14th Ave E, Unit 10

1515 14th Ave E, Unit 1
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.

1401 12th St E, Unit 10

1121 14th Ave E, Unit 17
Fargo, ND Local Guide

How much does it cost to rent a home in Fargo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fargo 2 Bedroom Homes for Rent | $1,211 | $800 | $1,675 |
| Fargo 3 Bedroom Homes for Rent | $2,064 | $1,050 | $2,995 |
| Fargo 4 Bedroom Homes for Rent | $2,226 | $1,735 | $3,300 |
| Fargo 5 Bedroom Homes for Rent | $2,286 | $2,000 | $2,495 |
| Fargo 6 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
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Fargo, ND Local Guide
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Cheapest Neighborhoods for Apartments in Fargo, ND
Pricing Updated: 05/17/2026Current apartment rentals in the Fargo, ND area range in price from $200 to $3,300 with an overall median price of $2,016. The three Fargo neighborhoods with the lowest median rent pricing are South High at $200, Prairiewood at $540, and Lewis and Clark at $200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fargo Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| South High | $920 | $200 | 66 |
| Prairiewood | $1,100 | $540 | 33 |
| Lewis and Clark | $1,145 | $200 | 58 |
| Bluemont Lakes | $1,395 | $200 | 246 |
| Brunsdale | $1,395 | $435 | 22 |
| Lincoln | $1,410 | $435 | 48 |
| West Acres | $1,600 | $200 | 308 |
| Carl Ben | $1,700 | $200 | 146 |
| Clara Barton | $1,700 | $200 | 366 |
| Amber Valley | $1,715 | $510 | 335 |
Cheapest Available Fargo Apartments for Rent
 The cheapest available apartment rental in Fargo, ND is a 3 Beds unit found at The Arbors at McCormick Park in the West Acres neighborhood priced from $200. Silver Leaf Apartments (North Fargo) in the Hawthorne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $410. Here is today’s list of the most affordable Fargo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Arbors at McCormick Park | 3 Bedroom | 3BR,1BA | $200 |
| Silver Leaf Apartments (North Fargo) | Studio - No kitchen | Studio,1BA | $410 |
| Southwood Apartments | Studio - L | Studio,1BA | $425 |
| Silver Leaf South Fargo | Studio(No Kitchen) | Studio,1BA | $435 |
| Royal Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $475 |
| Green Apartments | Studio/Efficiency @ 1538 27 Ave S Fargo | Studio,1BA | $480 |
| Gardner | Studio B (215-240 sq ft) | Studio,1BA | $485 |
| Erickson Apartments | Efficiency Apartment | Studio,1BA | $500 |
| Saddlebrook | Studio 01A | Studio,1BA | $520 |
| Prairie One Apartments | 0 Bedroom 1 Bath - 51576 | Studio,1BA | $530 |
Best Value Apartments for Rent in Fargo, ND
As of May 17, 2026 the best value apartment in the Fargo area is the $0.80 price per square foot 1802 Model at Brickview Apartments in the in the West Acres neighborhood starting from $925. The second greatest value Fargo apartment is the Two Bedroom 21A Model at Auburn II starting at $860 with a $0.78 price per square foot in the West Acres neighborhood. Here is today’s list of the best values for Fargo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brickview Apartments | 1802 | 2BR,1BA | $0.80 |
| Auburn II | Two Bedroom 21A | 2BR,1BA | $0.78 |
| 1360 32nd St South | 2 Beds, 1 bath | 2BR,1BA | $0.60 |
| Park Terrace | Two Bedroom 21C | 2BR,1BA | $0.79 |
| North Manor | Two Bedroom 21B | 2BR,1BA | $0.76 |
| Country Club | Two Bedroom 21A | 2BR,1BA | $0.78 |
| Bella Vista | Two Bedroom 21A | 2BR,1BA | $0.82 |
| Brookfield I, II & III | Two Bedroom 21A | 2BR,1BA | $0.76 |
| The Arbors at McCormick Park | 2 Bedroom | 2BR,1BA | $0.29 |
| Royal Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.73 |
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 ArticleReal 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.
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.
Best Local Schools in Fargo, ND
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Fargo, ND
Frequently Asked Questions about Fargo
What type of rentals are currently available in Fargo?
There are currently 744 Apartments for Rent in Fargo, ND with pricing that ranges from $200 to $3,300. There are also 153 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fargo ranging from $550 to $4,200.
What is the current price range for Rental Homes in Fargo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fargo ranges from $550 to $4,200 with an average monthly rent of $2,032.
How much are larger Three and Four Bedroom Rentals in Fargo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fargo range from $200 to $3,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,735 and Four Bedroom Apartments start at $1,700.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.