Fargo vs Phoenix-Mesa-Chandler
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 27% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,158/mo in Phoenix-Mesa-Chandler — saving $2,940/year.
Rent by Unit Size
| Unit Size | Fargo | Phoenix-Mesa-Chandler | Difference |
|---|---|---|---|
| Studio | $577 | $752 | $175 |
| 1 Bedroom | $717 | $943 | $226 |
| 2 Bedrooms | $913 | $1,158 | $245 |
| 3 Bedrooms | $1,145 | $1,495 | $350 |
| 4 Bedrooms | $1,249 | $1,715 | $466 |
| Median Income | $45,978 | $62,754 | $16,776 |
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
Phoenix-Mesa-Chandler
- Studio
- $752/mo
- 1 BR
- $943/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,495/mo
- 4 BR
- $1,715/mo
- Median Income
- $62,754/yr
Frequently Asked Questions
Is Fargo or Phoenix-Mesa-Chandler cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,158/mo in Phoenix-Mesa-Chandler. That's $245/mo or $2,940/year more expensive in Phoenix-Mesa-Chandler (27% higher).
What is the 2-bedroom rent in Fargo vs Phoenix-Mesa-Chandler?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Phoenix-Mesa-Chandler, a 2-bedroom FMR is $1,158/month.
How do incomes compare between Fargo and Phoenix-Mesa-Chandler?
The median household income in Fargo is $45,978/year. In Phoenix-Mesa-Chandler it is $62,754/year. Phoenix-Mesa-Chandler has the higher median income.
What is the studio rent in Fargo vs Phoenix-Mesa-Chandler?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Phoenix-Mesa-Chandler it is $752/mo.