Most Affordable Neighborhoods in Fargo, ND
Some of the cheapest neighborhoods in Fargo are Rheault, Jefferson, and Knollbrook. These neighborhoods offer some of the lowest rent prices in Fargo, making them ideal for renters on a budget. As of September 26, 2025, the average rent in Fargo is $917, 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.
Rheault
Average Rent
$732/Month
Units Available
10 Rentals
When you’re looking for a great Fargo neighborhood on a budget, check out Rheault. The average rent is $732, compared to the city average of $917. Rheault is convenient to MSUM Planetarium, Island Park, and North Dakota State University.
Jefferson
Average Rent
$755/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
31/100
Units Available
17 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.
Knollbrook
Average Rent
$757/Month
Units Available
20 Rentals
Knollbrook is an affordable neighborhood in Fargo with an average rent price of $757. Compare this to the city average of $917. Knollbrook provides easy access to Minn. State Univ., Moorhead, North Port Shopping Center, and Old Town Hot Springs.
Westgate
Average Rent
$799/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
28/100
Units Available
30 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.
Southpointe
Average Rent
$805/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
19/100
Units Available
22 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.
Buena Vista
Average Rent
$815/Month
TransitScore® Rating
20/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Fargo, Buena Vista might be the perfect place! It has an average rent price of $815, while the city’s average stands at $917. Buena Vista is near Concordia College, Westfield Business Park, and North Dakota State University.
Village West
Average Rent
$844/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
23/100
Units Available
40 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.
Bluemont Lakes
Average Rent
$846/Month
Year-Over-Year Rent Change
4.7%
TransitScore® Rating
21/100
Units Available
19 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.
Hawthorne
Average Rent
$852/Month
Year-Over-Year Rent Change
5.8%
TransitScore® Rating
37/100
Units Available
12 Rentals
Hawthorne is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hawthorne is $852 while the city average is $917. This is a 5.8% difference from last year. Residents enjoy convenient access to Island Park, Hector International, and Concordia College. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
NDSU
Average Rent
$866/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
34/100
Units Available
16 Rentals
NDSU is a lively neighborhood centered around North Dakota State University, offering a variety of student housing options and access to local dining and entertainment. Renters will enjoy the proximity to campus and the vibrant atmosphere.
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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.