Cheapest Neighborhoods in Fargo, ND
Some of the cheapest neighborhoods in Fargo are Knollbrook, Jefferson, and Southpointe. These neighborhoods offer some of the lowest rent prices in Fargo, making them ideal for renters on a budget. As of August 12, 2026, the average rent in Fargo is $962, which is 2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Knollbrook
Average Rent
$742/Month
Units Available
23 Rentals
Knollbrook is an affordable neighborhood in Fargo with an average rent price of $742. Compare this to the city average of $962.
Jefferson
Average Rent
$778/Month
Year-Over-Year Rent Change
0.4%
Units Available
13 Rentals
Jefferson is a quaint neighborhood known for its well-maintained streets and many housing options. The area provides a quiet suburban atmosphere with convenient access to downtown Fargo.
Southpointe
Average Rent
$803/Month
Year-Over-Year Rent Change
4.5%
Units Available
26 Rentals
Southpointe is a well-maintained neighborhood adjacent to Bluemont Lakes offering a suburban atmosphere with spacious homes and easy access to local amenities. Its proximity to the Red River provides plenty of outdoor activities.
Westgate
Average Rent
$804/Month
Year-Over-Year Rent Change
1.3%
Units Available
36 Rentals
Westgate offers peaceful streets, a variety of shopping and dining options, and easy access to major roads that lead to the rest of the city. Housing options in this area include ranch-style homes and Craftsman architecture, in addition to modern apartment complexes.
Northport
Average Rent
$816/Month
Year-Over-Year Rent Change
1.6%
Units Available
36 Rentals
Northport is a community-centric neighborhood near the Minnesota border. Proximity to North Dakota State University, the Red River, and Downtown Fargo enrich everyday life, and the Hector International Airport next door makes planning a vacation easy.
Hawthorne
Average Rent
$822/Month
Year-Over-Year Rent Change
0.4%
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Fargo, Hawthorne might be the perfect place! It has an average rent price of $822, while the city’s average stands at $962. In the last year, prices have decreased by 0.4%. Hawthorne is near MSUM Planetarium, The Children's Museum at Yunker Farm, and Old Town Hot Springs.
Bluemont Lakes
Average Rent
$865/Month
Year-Over-Year Rent Change
2.3%
Units Available
13 Rentals
Bluemont Lakes is a scenic neighborhood offering beautiful views of its namesake lakes and plenty of green spaces. Renters will appreciate the peaceful environment and charming Craftsman-style houses.
Stone Bridge
Average Rent
$896/Month
Year-Over-Year Rent Change
3%
Units Available
23 Rentals
Stone Bridge is a top choice for budget-conscious renters for a variety of reasons. The average rent in Stone Bridge is $896 while the city average is $962. This is a 3% difference from last year. Residents enjoy convenient access to 3120 25th St S, North Dakota State University, and The Children's Museum at Yunker Farm.
Village West
Average Rent
$899/Month
Year-Over-Year Rent Change
2.8%
Units Available
45 Rentals
Village West is a vibrant suburban neighborhood known for its variety of shopping, dining, and entertainment options, including the nearby West Acres Mall. Renters will enjoy the welcoming atmosphere environment and easy access to local amenities.
West Acres
Average Rent
$900/Month
Year-Over-Year Rent Change
1.2%
Units Available
37 Rentals
West Acres is a bustling neighborhood centered around the West Acres Mall, offering residents a wide range of retail and dining choices. Renters will appreciate the convenience of nearby entertainment venues and parks.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.