Bismarck vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bismarck is 12% cheaper for renters. A 2-bedroom rents for $817/mo vs $913/mo in Fargo — saving $1,152/year.
Rent by Unit Size
| Unit Size | Bismarck | Fargo | Difference |
|---|---|---|---|
| Studio | $555 | $577 | $22 |
| 1 Bedroom | $667 | $717 | $50 |
| 2 Bedrooms | $817 | $913 | $96 |
| 3 Bedrooms | $1,020 | $1,145 | $125 |
| 4 Bedrooms | $1,141 | $1,249 | $108 |
| Median Income | $52,444 | $45,978 | $6,466 |
Bismarck
- Studio
- $555/mo
- 1 BR
- $667/mo
- 2 BR
- $817/mo
- 3 BR
- $1,020/mo
- 4 BR
- $1,141/mo
- Median Income
- $52,444/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 Bismarck or Fargo cheaper to rent in?
Bismarck is cheaper — a 2-bedroom Fair Market Rent is $817/mo vs $913/mo in Fargo. That's $96/mo or $1,152/year more expensive in Fargo (12% higher).
What is the 2-bedroom rent in Bismarck vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between Bismarck and Fargo?
The median household income in Bismarck is $52,444/year. In Fargo it is $45,978/year. Bismarck has the higher median income.
What is the studio rent in Bismarck vs Fargo?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Fargo it is $577/mo.