Fargo vs Fort Wayne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fort Wayne is 18% cheaper for renters. A 2-bedroom rents for $777/mo vs $913/mo in Fargo — saving $1,632/year.
Rent by Unit Size
| Unit Size | Fargo | Fort Wayne | Difference |
|---|---|---|---|
| Studio | $577 | $499 | $78 |
| 1 Bedroom | $717 | $639 | $78 |
| 2 Bedrooms | $913 | $777 | $136 |
| 3 Bedrooms | $1,145 | $969 | $176 |
| 4 Bedrooms | $1,249 | $1,175 | $74 |
| Median Income | $45,978 | $47,806 | $1,828 |
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
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/yr
Frequently Asked Questions
Is Fargo or Fort Wayne cheaper to rent in?
Fort Wayne is cheaper — a 2-bedroom Fair Market Rent is $777/mo vs $913/mo in Fargo. That's $136/mo or $1,632/year more expensive in Fargo (18% higher).
What is the 2-bedroom rent in Fargo vs Fort Wayne?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Fort Wayne, a 2-bedroom FMR is $777/month.
How do incomes compare between Fargo and Fort Wayne?
The median household income in Fargo is $45,978/year. In Fort Wayne it is $47,806/year. Fort Wayne has the higher median income.
What is the studio rent in Fargo vs Fort Wayne?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Fort Wayne it is $499/mo.