Cheap Homes for Rent in Fargo, ND from $400 (17 Rentals)

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property at 415 22nd St E

415 22nd St E

West FargoND58078
property at 213 1st Ave E

213 1st Ave E

West FargoND58078

Fargo, ND Local Guide

Cheapest Neighborhoods for Apartments in Fargo, ND

Pricing Updated: 06/05/2025

Current apartment rentals in the Fargo, ND area range in price from $200 to $3,905 with an overall median price of $1,994. The three Fargo neighborhoods with the lowest median rent pricing are Prairiewood at $420, South High at $200, and Lincoln at $410. 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$1,340$42096
South High$1,425$20087
Lincoln$1,445$410112
Lewis and Clark$1,495$200118
Brunsdale$1,520$41096
Roosevelt-NDSU$1,550$45038
Westgate$1,550$420108
West Acres$1,600$200450
Carl Ben$1,625$200165
Anderson Park$1,631$525141

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 $410. 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$410
Silver Leaf South FargoStudio(No Kitchen)Studio,1BA$420
Summerset Apartments2526 - Studio - SStudio,1BA$420
Southwood ApartmentsStudio - LStudio,1BA$425

Best Value Apartments for Rent in Fargo, ND

As of June 05, 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 Two Bedroom 22B Model at Auburn II starting at $895 with a $0.75 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
Auburn IITwo Bedroom 22B2BR,2BA$0.75
Southmoor Apartments & Townhomes2 Bedroom 2 Bath2BR,2BA$0.69
North ManorTwo Bedroom 21A2BR,1BA$0.70
Maplewood BendTwo Bedroom 21E2BR,1BA$0.75
Campus Aire Apartments2 Bedroom 1 Bath2BR,1BA$0.66
Greystone Manor Apartments1 Bedroom 1 Bath1BR,1BA$0.71
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.

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Frequently Asked Questions about Fargo

What type of rentals are currently available in Fargo?

There are currently 713 Apartments for Rent in Fargo, ND with pricing that ranges from $200 to $3,905. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fargo ranging from $410 to $3,350.

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 $410 to $3,350 with an average monthly rent of $1,662.

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 $964 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,150 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.

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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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

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