Property Prices in Fargo, ND, United States

Index Info
Price to Income Ratio: 2.35
Mortgage as Percentage of Income: 20.68%
Loan Affordability Index: 4.84
Price to Rent Ratio - City Centre: 7.30
Price to Rent Ratio - Outside of Centre: 11.62
Gross Rental Yield (City Centre): 13.70%
Gross Rental Yield (Outside of Centre): 8.61%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $996.00 700.00-1,200.00
1 Bedroom Apartment Outside of City Centre $676.20 550.00-950.00
3 Bedroom Apartment in City Centre $2,280.00 1,450.00-3,890.00
3 Bedroom Apartment Outside of City Centre $1,320.75 1,103.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $165.34 163.97-166.02
Price per Square Feet to Buy Apartment Outside of Centre $165.34 163.97-166.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) $3,789.25
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.30 6.00-6.80

These data are based on 59 entries from 17 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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