
Cheap Homes for Rent in Fargo, ND from $500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Fargo.


717 30th St N

1304 19 1/2 St S

503 4th Ave S, Unit 3

1121 2nd Ave S

419 4th Ave E, Unit #2

1211-11 1/2 11 1/2 St N
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1225 Broadway N

32 10th Ave N

1510 11th Ave N

906 8th St S, Unit 5

2913 8th St N

914-15t 15th St N

102-15t 15th St N
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1510 E Gateway Cir S

300 Sheyenne St, Unit 325

300 Sheyenne St, Unit 225

702 26th St N, Unit 2

341 Prairiewood Cir S, Unit 304

360 32nd Ave W, Unit 408

1201 11 1/2 St N
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,247 | $775 | $1,675 |
| Fargo 3 Bedroom Homes for Rent | $1,963 | $1,100 | $3,095 |
| Fargo 4 Bedroom Homes for Rent | $2,287 | $1,550 | $3,500 |
| Fargo 5 Bedroom Homes for Rent | $2,484 | $2,100 | $2,825 |
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Fargo, ND Local Guide
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Cheapest Neighborhoods for Apartments in Fargo, ND
Pricing Updated: 08/15/2026Current apartment rentals in the Fargo, ND area range in price from $200 to $3,800 with an overall median price of $1,281. The three Fargo neighborhoods with the lowest median rent pricing are Lewis and Clark at $750, South High at $782, and Prairiewood at $875. 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 |
|---|---|---|---|
| Lewis and Clark | $750 | $200 | 39 |
| South High | $782 | $200 | 50 |
| Prairiewood | $875 | $540 | 35 |
| Brunsdale | $995 | $435 | 27 |
| Carl Ben | $1,100 | $200 | 118 |
| Lincoln | $1,100 | $435 | 30 |
| Clara Barton | $1,150 | $200 | 348 |
| Hawthorne | $1,150 | $200 | 379 |
| Jefferson | $1,157 | $200 | 315 |
| Bluemont Lakes | $1,160 | $200 | 283 |
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 |
| Silver Leaf South Fargo | Studio(No Kitchen) | Studio,1BA | $435 |
| Royal Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $475 |
| The Gardner | Studio A (190-210 sq ft) | Studio,1BA | $475 |
Best Value Apartments for Rent in Fargo, ND
As of August 15, 2026 the best value apartment in the Fargo area is the $0.75 price per square foot 2 Beds, 1.5 baths Model at Southwood Estates in the in the Hawthorne neighborhood starting from $750. The second greatest value Fargo apartment is the Upper Level Model at 1360 32nd St South starting at $645 with a $0.65 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. |
|---|---|---|---|
| Southwood Estates | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.75 |
| 1360 32nd St South | Upper Level | 2BR,1BA | $0.65 |
| Windsor | Two Bedroom 21C | 2BR,1BA | $0.81 |
| Sunchase | Two Bedroom 21A | 2BR,1BA | $0.81 |
| France | Two Bedroom 21A | 2BR,1BA | $0.80 |
| Maplewood Bend | Two Bedroom 21A | 2BR,1BA | $0.72 |
| Bella Vista | Two Bedroom 21A | 2BR,1BA | $0.82 |
| Parkview Apartments | 2bed | 2BR,1BA | $0.66 |
| 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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fargo, ND Rentals by Map
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 756 Apartments for Rent in Fargo, ND with pricing that ranges from $200 to $3,800. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fargo ranging from $545 to $3,500.
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 $3,500 with an average monthly rent of $1,770.
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 $1,100 to $3,095. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,750.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.