Chico vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 16% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,059/mo in Chico — saving $1,752/year.
Rent by Unit Size
| Unit Size | Chico | Fargo | Difference |
|---|---|---|---|
| Studio | $698 | $577 | $121 |
| 1 Bedroom | $859 | $717 | $142 |
| 2 Bedrooms | $1,059 | $913 | $146 |
| 3 Bedrooms | $1,354 | $1,145 | $209 |
| 4 Bedrooms | $1,491 | $1,249 | $242 |
| Median Income | $66,884 | $45,978 | $20,906 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/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 Chico or Fargo cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,059/mo in Chico. That's $146/mo or $1,752/year more expensive in Chico (16% higher).
What is the 2-bedroom rent in Chico vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between Chico and Fargo?
The median household income in Chico is $66,884/year. In Fargo it is $45,978/year. Chico has the higher median income.
What is the studio rent in Chico vs Fargo?
A studio apartment Fair Market Rent in Chico is $698/mo. In Fargo it is $577/mo.