The Most Affordable Neighborhoods in Bluemont Lakes, Fargo, ND by Home Value

 

Bluemont Lakes, Fargo, ND Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bluemont Lakes area can be challenging. Home prices in Bluemont Lakes are now at a median cost of $324,655, higher than the Fargo average of $297,377.

The average cost of rent is $1,002/mo in Bluemont Lakes, primarily driven by the current value of real estate in the Bluemont Lakes area. In Bluemont Lakes, 45.67% of households rent, and 47.60% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Bluemont Lakes is $6,229 per month. Households that rent pay about 16.08% of their income on rent here. Bluemont Lakes’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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