Fargo vs Gainesville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 11% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,011/mo in Gainesville — saving $1,176/year.
Rent by Unit Size
| Unit Size | Fargo | Gainesville | Difference |
|---|---|---|---|
| Studio | $577 | $680 | $103 |
| 1 Bedroom | $717 | $802 | $85 |
| 2 Bedrooms | $913 | $1,011 | $98 |
| 3 Bedrooms | $1,145 | $1,236 | $91 |
| 4 Bedrooms | $1,249 | $1,426 | $177 |
| Median Income | $45,978 | $47,354 | $1,376 |
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
Gainesville
- Studio
- $680/mo
- 1 BR
- $802/mo
- 2 BR
- $1,011/mo
- 3 BR
- $1,236/mo
- 4 BR
- $1,426/mo
- Median Income
- $47,354/yr
Frequently Asked Questions
Is Fargo or Gainesville cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,011/mo in Gainesville. That's $98/mo or $1,176/year more expensive in Gainesville (11% higher).
What is the 2-bedroom rent in Fargo vs Gainesville?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Gainesville, a 2-bedroom FMR is $1,011/month.
How do incomes compare between Fargo and Gainesville?
The median household income in Fargo is $45,978/year. In Gainesville it is $47,354/year. Gainesville has the higher median income.
What is the studio rent in Fargo vs Gainesville?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Gainesville it is $680/mo.