Cheap Homes for Rent in Fargo, ND from $500 (29 Rentals)

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Search the lowest-cost Homes available for rent right now in 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 1304 19 1/2 St S

$640

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$640

Total Monthly Price
$640

1 Bedroom, 1 Bath Home for Rent

Available Now

1304 19 1/2 St S

MoorheadMN56560
property at 424 4th St S

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Mar 1

424 4th St S

MoorheadMN56560

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 715 21st St S

$980

2 Bedroom, 1 Bath Townhome for Rent

Available Apr 1

715 21st St S

FargoND58103

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Fargo, ND Local Guide

Cheapest Neighborhoods for Apartments in Fargo, ND

Pricing Updated: 02/06/2026

Current apartment rentals in the Fargo, ND area range in price from $545 to $4,000 with an overall median price of $2,135. The three Fargo neighborhoods with the lowest median rent pricing are Prairiewood at $545, Westgate at $545, and Village West at $630. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fargo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Prairiewood$545$5451
Westgate$545$5451
Village West$785$6303
South High$1,250$9801
Lincoln$1,275$1,2501
Lewis and Clark$1,525$9802
Brunsdale$1,995$1,9951
Southpointe$1,995$1,9951
Amber Valley$2,150$54517
Points West$2,150$1,5757

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. Kingswood in the Hawthorne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $395. Here is today’s list of the most affordable Fargo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Arbors at McCormick Park3 Bedroom3BR,1BA$200
KingswoodStudio 01BStudio,1BA$395
Silver Leaf South FargoStudio(No Kitchen)Studio,1BA$420
Summerset Apartments2526 - Studio - LStudio,1BA$445
Trollwood Manor Apartments1 Bedroom 1 Bath1BR,1BA$445
Silver Leaf Apartments (North Fargo)Dundee - 2 Bed2BR,1BA$450
Amrock ApartmentsStudioStudio,1BA$470
Royal Apartments1 Bedroom 1 Bathroom1BR,1BA$475
Daybreak PlaceStudio, 0 BathroomStudio,1BA$475
GardnerStudio B (215-240 sq ft)Studio,1BA$485

Best Value Apartments for Rent in Fargo, ND

As of February 06, 2026 the best value apartment in the Fargo area is the $0.64 price per square foot Four Bedroom 42A Model at Bluestem Homes in the in the Points West neighborhood starting from $1,050. The second greatest value Fargo apartment is the Two Bedroom 21A Model at Hunters Run I starting at $800 with a $0.73 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bluestem HomesFour Bedroom 42A4BR,2BA$0.64
Hunters Run ITwo Bedroom 21A2BR,1BA$0.73
1360 32nd St South2 Beds, 1 bath2BR,1BA$0.60
North ManorTwo Bedroom 21A2BR,1BA$0.72
Country ClubTwo Bedroom 21A2BR,1BA$0.73
Dakota ManorTwo Bedroom 21A2BR,1BA$0.74
Trollwood Manor Apartments1 Bedroom 1 Bath1BR,1BA$0.55
Greystone Manor Apartments1 Bedroom 1 Bath1BR,1BA$0.71
The Arbors at McCormick Park2 Bedroom2BR,1BA$0.29
Royal Apartments1 Bedroom 1 Bathroom1BR,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.

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The 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.

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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Fargo

What type of rentals are currently available in Fargo?

There are currently 730 Apartments for Rent in Fargo, ND with pricing that ranges from $200 to $3,100. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fargo ranging from $545 to $4,000.

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 $545 to $4,000 with an average monthly rent of $1,797.

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 $1,200 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,595.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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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.

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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.