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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 $462,761, lower than the Oregon average of $502,078.
The average cost of rent is $1,946/mo in Fargo, primarily driven by the current value of real estate in the Fargo area. In Fargo, 18.22% of households rent, and 42.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fargo is $5,936 per month. Households that rent pay about 32.79% of their income on rent here. Fargo’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Aurora, OR: higher priced homes
- Butteville, OR: higher priced homes
- Barlow, OR: higher priced homes
- Donald, OR: equally priced homes
- Wilsonville, OR: higher priced homes
- Whiskey Hill, OR: higher priced homes
- Hubbard, OR: equally priced homes
- Canby, OR: higher priced homes
- Sherwood, OR: higher priced homes
- Springbrook, OR: higher priced homes
Cities with Similar Populations
- Sandy Beach, IN: less expensive homes
- Skene, MS: less expensive homes
- Skamokawa, WA: less expensive homes
- Silver Beach, WA: less expensive homes
- Silas, TX: less expensive homes
- Sikes, LA: less expensive homes
- Shirley, WI: less expensive homes
- Sherwood Shores, KY: less expensive homes
- Sherman City, MI: less expensive homes
- Shanksville, PA: less expensive homes
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