Property Prices in Fargo, ND, United States

Index Info
Price to Income Ratio: 2.20
Mortgage as Percentage of Income: 19.98%
Loan Affordability Index: 5.00
Price to Rent Ratio - City Centre: 7.97
Price to Rent Ratio - Outside of Centre: 10.49
Gross Rental Yield (City Centre): 12.55%
Gross Rental Yield (Outside of Centre): 9.53%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 968.75 $ 700.00-1,200.00
Apartment (1 bedroom) Outside of Centre 700.00 $ 550.00-1,020.00
Apartment (3 bedrooms) in City Centre 1,733.33 $ 1,400.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,393.33 $ 1,375.00-1,405.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 155.98 $
Price per Square Feet to Buy Apartment Outside of Centre 155.98 $
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,807.89 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.19-6.80

These data are based on 42 entries in the past 18 months from 13 different contributors.
Last update: June 2024

Sources and References
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