Ann Arbor vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 28% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,170/mo in Ann Arbor — saving $3,084/year.
Rent by Unit Size
| Unit Size | Ann Arbor | Fargo | Difference |
|---|---|---|---|
| Studio | $781 | $577 | $204 |
| 1 Bedroom | $945 | $717 | $228 |
| 2 Bedrooms | $1,170 | $913 | $257 |
| 3 Bedrooms | $1,486 | $1,145 | $341 |
| 4 Bedrooms | $1,736 | $1,249 | $487 |
| Median Income | $58,245 | $45,978 | $12,267 |
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/yr
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/yr
Frequently Asked Questions
Is Ann Arbor or Fargo cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,170/mo in Ann Arbor. That's $257/mo or $3,084/year more expensive in Ann Arbor (28% higher).
What is the 2-bedroom rent in Ann Arbor vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between Ann Arbor and Fargo?
The median household income in Ann Arbor is $58,245/year. In Fargo it is $45,978/year. Ann Arbor has the higher median income.
What is the studio rent in Ann Arbor vs Fargo?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Fargo it is $577/mo.