Fargo vs Medford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 17% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,065/mo in Medford — saving $1,824/year.
Rent by Unit Size
| Unit Size | Fargo | Medford | Difference |
|---|---|---|---|
| Studio | $577 | $704 | $127 |
| 1 Bedroom | $717 | $865 | $148 |
| 2 Bedrooms | $913 | $1,065 | $152 |
| 3 Bedrooms | $1,145 | $1,318 | $173 |
| 4 Bedrooms | $1,249 | $1,480 | $231 |
| Median Income | $45,978 | $51,417 | $5,439 |
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
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/yr
Frequently Asked Questions
Is Fargo or Medford cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,065/mo in Medford. That's $152/mo or $1,824/year more expensive in Medford (17% higher).
What is the 2-bedroom rent in Fargo vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Fargo and Medford?
The median household income in Fargo is $45,978/year. In Medford it is $51,417/year. Medford has the higher median income.
What is the studio rent in Fargo vs Medford?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Medford it is $704/mo.