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These days, finding an affordable place to live in the Fargo area can be challenging. Home prices in Fargo are now at a median cost of $83,566, lower than the Georgia average of $324,634.
The average cost of rent is $649/mo in Fargo, primarily driven by the current value of real estate in the Fargo area. In Fargo, 22.33% of households rent, and 84.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fargo is $5,550 per month. Households that rent pay about 11.69% of their income on rent here. Fargo’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Edith, GA: equally priced homes
- Haylow, GA: equally priced homes
- Statenville, GA: higher priced homes
- Jasper, FL: higher priced homes
- Melrose, GA: higher priced homes
- Jennings, FL: equally priced homes
- Lake Park, GA: higher priced homes
- Dasher, GA: higher priced homes
- Little Miami, GA: less expensive homes
- Hilliard, FL: higher priced homes
Cities with Similar Populations
- Maple Hill, MN: higher priced homes
- Lovelace, TX: higher priced homes
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- Macdoel, CA: higher priced homes
- Makinen, MN: higher priced homes
- Malmo, NE: higher priced homes
- Manalapan, FL: higher priced homes
- Mansfield, TN: higher priced homes
- Loraine, CA: higher priced homes
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