Cheap Homes for Rent in Fargo, ND from $500 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-34, Page 1 of 1

Fargo, ND Local Guide

Cheapest Neighborhoods for Apartments in Fargo, ND

Pricing Updated: 07/21/2025

Current apartment rentals in the Fargo, ND area range in price from $200 to $3,955 with an overall median price of $2,088. The three Fargo neighborhoods with the lowest median rent pricing are Prairiewood at $540, Lewis and Clark at $200, and South High at $200. 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$1,075$54041
Lewis and Clark$1,450$20036
South High$1,450$20042
Carl Ben$1,457$200115
Brunsdale$1,520$41540
Clara Barton$1,565$200429
Village West$1,595$420292
West Acres$1,620$200479
Anderson Park$1,674$525154
Willow Park$1,717$475488

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. Green Apartments in the Hawthorne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $415. 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
Green ApartmentsStudio/Efficiency @ 1538 27 Ave S FargoStudio,1BA$415
Pacific Park IIStudio 01AStudio,1BA$420
Silver Leaf South FargoStudio(No Kitchen)Studio,1BA$420
Southwood ApartmentsStudio - LStudio,1BA$425
Summerset Apartments2526 - Studio - SStudio,1BA$435
Edgewood Court Apartments1 Bedroom 1 Bath1BR,1BA$445
HartfordStudio 01AStudio,1BA$445
White RidgeEfficiency 01AStudio,1BA$445
KingswoodStudio 01AStudio,1BA$465

Best Value Apartments for Rent in Fargo, ND

As of July 22, 2025 the best value apartment in the Fargo area is the $0.78 price per square foot Three Bedroom 31A Model at Marlowe South in the in the Hawthorne neighborhood starting from $1,085. The second greatest value Fargo apartment is the 2 Bedroom Model at Circle E Apartments starting at $825 with a $0.69 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.
Marlowe SouthThree Bedroom 31A3BR,1BA$0.78
Circle E Apartments2 Bedroom2BR,1BA$0.69
North ManorTwo Bedroom 21A2BR,1BA$0.71
Oaks2 Bed - Corner2BR,1BA$0.78
Sargent ApartmentsTwo Bedroom 21B2BR,1BA$0.78
Lampliter1 Bed, 1 bath1BR,1BA$0.79
Edgewood Court Apartments1 Bedroom 1 Bath1BR,1BA$0.58
Valley1 Bedroom1BR,1BA$0.73
The Corners1 Bedroom1BR,1BA$0.75
The Arbors at McCormick Park2 Bedroom2BR,1BA$0.29

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Fargo

What type of rentals are currently available in Fargo?

There are currently 716 Apartments for Rent in Fargo, ND with pricing that ranges from $200 to $3,955. There are also 101 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fargo ranging from $520 to $4,700.

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 $520 to $4,700 with an average monthly rent of $1,909.

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 $3,810, while Three Bedroom Homes, Condos, and Townhomes for rent range from $964 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,405.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.