Fargo vs Modesto
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 20% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,092/mo in Modesto — saving $2,148/year.
Rent by Unit Size
| Unit Size | Fargo | Modesto | Difference |
|---|---|---|---|
| Studio | $577 | $727 | $150 |
| 1 Bedroom | $717 | $912 | $195 |
| 2 Bedrooms | $913 | $1,092 | $179 |
| 3 Bedrooms | $1,145 | $1,412 | $267 |
| 4 Bedrooms | $1,249 | $1,509 | $260 |
| Median Income | $45,978 | $56,394 | $10,416 |
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
Modesto
- Studio
- $727/mo
- 1 BR
- $912/mo
- 2 BR
- $1,092/mo
- 3 BR
- $1,412/mo
- 4 BR
- $1,509/mo
- Median Income
- $56,394/yr
Frequently Asked Questions
Is Fargo or Modesto cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,092/mo in Modesto. That's $179/mo or $2,148/year more expensive in Modesto (20% higher).
What is the 2-bedroom rent in Fargo vs Modesto?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Modesto, a 2-bedroom FMR is $1,092/month.
How do incomes compare between Fargo and Modesto?
The median household income in Fargo is $45,978/year. In Modesto it is $56,394/year. Modesto has the higher median income.
What is the studio rent in Fargo vs Modesto?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Modesto it is $727/mo.