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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 $211,055, lower than the Wisconsin average of $280,373.
The average cost of rent is $850/mo in Fargo, primarily driven by the current value of real estate in the Fargo area. In Fargo, 24.85% of households rent, and 56.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fargo is $6,137 per month. Households that rent pay about 13.85% of their income on rent here. Fargo’s most expensive areas are in the eastern 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
- Rising Sun, WI: equally priced homes
- Liberty Pole, WI: higher priced homes
- Retreat, WI: equally priced homes
- Purdy, WI: equally priced homes
- Towerville, WI: equally priced homes
- Viroqua, WI: higher priced homes
- Ferryville, WI: equally priced homes
- Soldiers Grove, WI: equally priced homes
- DeSoto, WI: less expensive homes
- Springville, WI: higher priced homes
Cities with Similar Populations
- Ohio, MO: less expensive homes
- New Zion, KY: less expensive homes
- Newark, MO: less expensive homes
- Newport, FL: higher priced homes
- Nobe, WV: less expensive homes
- North Bethel, ME: higher priced homes
- North Ilion, NY: less expensive homes
- North Wilmot, NH: higher priced homes
- Northland, WI: higher priced homes
- Oak Hill, NY: higher priced homes
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