El Paso vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 5% cheaper for renters. A 2-bedroom rents for $868/mo vs $913/mo in Fargo — saving $540/year.
Rent by Unit Size
| Unit Size | El Paso | Fargo | Difference |
|---|---|---|---|
| Studio | $557 | $577 | $20 |
| 1 Bedroom | $685 | $717 | $32 |
| 2 Bedrooms | $868 | $913 | $45 |
| 3 Bedrooms | $1,052 | $1,145 | $93 |
| 4 Bedrooms | $1,194 | $1,249 | $55 |
| Median Income | $45,964 | $45,978 | $14 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or Fargo cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $913/mo in Fargo. That's $45/mo or $540/year more expensive in Fargo (5% higher).
What is the 2-bedroom rent in El Paso vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between El Paso and Fargo?
The median household income in El Paso is $45,964/year. In Fargo it is $45,978/year. Fargo has the higher median income.
What is the studio rent in El Paso vs Fargo?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Fargo it is $577/mo.