Fargo vs Ocala
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Ocala is 7% cheaper for renters. A 2-bedroom rents for $850/mo vs $913/mo in Fargo — saving $756/year.
Rent by Unit Size
| Unit Size | Fargo | Ocala | Difference |
|---|---|---|---|
| Studio | $577 | $584 | $7 |
| 1 Bedroom | $717 | $712 | $5 |
| 2 Bedrooms | $913 | $850 | $63 |
| 3 Bedrooms | $1,145 | $1,069 | $76 |
| 4 Bedrooms | $1,249 | $1,312 | $63 |
| Median Income | $45,978 | $54,036 | $8,058 |
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
Ocala
- Studio
- $584/mo
- 1 BR
- $712/mo
- 2 BR
- $850/mo
- 3 BR
- $1,069/mo
- 4 BR
- $1,312/mo
- Median Income
- $54,036/yr
Frequently Asked Questions
Is Fargo or Ocala cheaper to rent in?
Ocala is cheaper — a 2-bedroom Fair Market Rent is $850/mo vs $913/mo in Fargo. That's $63/mo or $756/year more expensive in Fargo (7% higher).
What is the 2-bedroom rent in Fargo vs Ocala?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Ocala, a 2-bedroom FMR is $850/month.
How do incomes compare between Fargo and Ocala?
The median household income in Fargo is $45,978/year. In Ocala it is $54,036/year. Ocala has the higher median income.
What is the studio rent in Fargo vs Ocala?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Ocala it is $584/mo.