Cheap Homes for Rent in Fargo, ND from $500 (21 Rentals)

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

property at 1402 Broadway N

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

Studio, 1 Bath Home for Rent

Available Aug 31

1402 Broadway N

FargoND58102
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

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property at 341 Prairiewood Cir S

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Condo for Rent

Available Now

341 Prairiewood Cir S, Unit 304

341 Prairiewood Cir S
FargoND58103
property at 1201 11 1/2 St N

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

1201 11 1/2 St N

FargoND58102

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

Cheapest Neighborhoods for Apartments in Fargo, ND

Pricing Updated: 08/15/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Lewis and Clark$750$20039
South High$782$20050
Prairiewood$875$54035
Brunsdale$995$43527
Carl Ben$1,100$200118
Lincoln$1,100$43530
Clara Barton$1,150$200348
Hawthorne$1,150$200379
Jefferson$1,157$200315
Bluemont Lakes$1,160$200283

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 ListingModel NameBed/BathPriced From
The Arbors at McCormick Park3 Bedroom3BR,1BA$200
Silver Leaf Apartments (North Fargo)Studio - No kitchenStudio,1BA$410
Silver Leaf South FargoStudio(No Kitchen)Studio,1BA$435
Royal Apartments1 Bedroom 1 Bathroom1BR,1BA$475
The GardnerStudio 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Southwood Estates2 Beds, 1.5 baths2BR,1.5BA$0.75
1360 32nd St SouthUpper Level2BR,1BA$0.65
WindsorTwo Bedroom 21C2BR,1BA$0.81
SunchaseTwo Bedroom 21A2BR,1BA$0.81
FranceTwo Bedroom 21A2BR,1BA$0.80
Maplewood BendTwo Bedroom 21A2BR,1BA$0.72
Bella VistaTwo Bedroom 21A2BR,1BA$0.82
Parkview Apartments2bed2BR,1BA$0.66
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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Real 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.

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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 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

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.