Home Price Key
Affordable
Average
Expensive
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 $245,330, higher than the North Dakota average of $223,566.
The average cost of rent is $913/mo in Fargo, primarily driven by the current value of real estate in the Fargo area. While nearly 37.23% of residents own their homes outright in Fargo, 46.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fargo is $6,143 per month. Households that rent pay about 14.86% of their income on rent here. Fargo's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Prairie Rose, ND: higher priced homes
- Moorhead, MN: less expensive homes
- West Fargo, ND: higher priced homes
- Frontier, ND: equally priced homes
- Reiles Acres, ND: higher priced homes
- Dilworth, MN: equally priced homes
- Horace, ND: higher priced homes
- Wild Rice, ND: higher priced homes
- North River, ND: higher priced homes
- St. Benedict, ND: higher priced homes
Cities with Similar Populations
- Chula Vista, CA: higher priced homes
- Cicero, IL: less expensive homes
- Champaign, IL: less expensive homes
- Bayonne, NJ: higher priced homes
- Alameda, CA: higher priced homes
- Bethlehem, PA: equally priced homes
- Ashburn, VA: higher priced homes
- Ann Arbor, MI: higher priced homes
- Allen, TX: higher priced homes
- Ankeny, IA: equally priced homes
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