Cheap Apartments for Rent in Fargo, ND from $400 (460 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fargo.

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Fargo, ND Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Fargo, ND

Pricing Updated: 09/18/2025

Current apartment rentals in the Fargo, ND area range in price from $200 to $3,100 with an overall median price of $2,099. The three Fargo neighborhoods with the lowest median rent pricing are Prairiewood at $540, Lewis and Clark at $200, and South High at $200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fargo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Prairiewood$1,075$54059
Lewis and Clark$1,365$200162
South High$1,365$200171
Brunsdale$1,400$42056
Carl Ben$1,532$200257
Village West$1,595$420315
Clara Barton$1,625$200609
Lincoln$1,645$420157
Anderson Park$1,725$665181
West Acres$1,725$200577

Cheapest Available Fargo Apartments for Rent

 

The cheapest available apartment rental in Fargo, ND is a 3 Beds unit found at The Arbors at McCormick Park in the West Acres neighborhood priced from $200. Silver Leaf South Fargo in the Hawthorne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $420. Here is today’s list of the most affordable Fargo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Arbors at McCormick Park3 Bedroom3BR,1BA$200
Silver Leaf South FargoStudio(No Kitchen)Studio,1BA$420
Pacific Park IIStudio 01AStudio,1BA$420
Amrock ApartmentsStudioStudio,1BA$445
HartfordStudio 01AStudio,1BA$445
Green ApartmentsStudio/Efficiency @ 1538 27 Ave S FargoStudio,1BA$455
GardnerStudio B (215-240 sq ft)Studio,1BA$470
Silver Leaf Apartments (North Fargo)Studio - No kitchenStudio,1BA$480
South View ApartmentsStudio ApartmentStudio,1BA$485
Valley1 Bedroom1BR,1BA$500

Best Value Apartments for Rent in Fargo, ND

As of September 18, 2025 the best value apartment in the Fargo area is the $0.74 price per square foot Three Bedroom 31A Model at Marlowe South in the in the Hawthorne neighborhood starting from $1,040. The second greatest value Fargo apartment is the 2 Bedroom Model at Circle E Apartments starting at $825 with a $0.69 price per square foot in the West Acres neighborhood. Here is today’s list of the best values for Fargo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marlowe SouthThree Bedroom 31A3BR,1BA$0.74
Circle E Apartments2 Bedroom2BR,1BA$0.69
Hunters Run IITwo Bedroom 21A2BR,1BA$0.77
Place OneThree Bedroom 32A3BR,2BA$0.79
College Manor2 Bed - Corner2BR,1BA$0.72
Brookfield I, II & IIITwo Bedroom 21A2BR,1BA$0.76
Royal Apartments2 Bedroom 1 Bath2BR,1BA$0.70
Valley1 Bedroom1BR,1BA$0.73
The Corners1 Bedroom1BR,1BA$0.75
The Arbors at McCormick Park2 Bedroom2BR,1BA$0.29

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Fargo Overview

You’ll find plenty of options when looking for Fargo, ND apartments. The city is located in the extreme north of the US. This means that much of the state is very rural. If you love the outdoors, then you’ll love Fargo, ND. Wildlife viewing and camping abound outside of the city. Within Fargo, you’ll find all of the conveniences of a big city and a small-town feel all rolled into one.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fargo, ND Rentals by Map

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See the most popular apartments and homes in Fargo, ND

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Why live in Fargo, ND?

By choosing Fargo, ND for your new home, you won’t be disappointed. If you’re an angler or recreational boater, you’ll love the Red River. One well-known outdoor editor referred to the Red as the “crown jewel” of trophy channel cat fishing. You’ll also find northern pike, walleye and smallmouth bass in its waters. If outdoor activities aren’t your thing or it’s too cold outside, check out the West Acres Mall. With over 120 shops, you’re sure to find something that piques your interest.

Fargo, ND
Population: 124,844

Ranked #223

in US Census Population by City

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Pet Friendly Lifestyle
Fargo, ND

Ranked #1

Among cities in North Dakota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Fargo, ND

School data provided by Great Schools

Getting Around Fargo, ND

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

21 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Fargo Apartments

What is a cheap apartment in Fargo?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fargo is under $500.

What is the price of a cheap apartment in Fargo?

The cheapest apartment in Fargo is Valley which is listed at $500, while the average apartment in Fargo costs $2,099.

What types of apartments are the cheapest in Fargo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 280 regular apartments in Fargo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fargo?

Cheap apartments in Fargo have an average cost of $119 which is $1,980 cheaper than the average rent for all rentals in Fargo.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.