Fargo vs Portland-South Portland
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 25% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,145/mo in Portland-South Portland — saving $2,784/year.
Rent by Unit Size
| Unit Size | Fargo | Portland-South Portland | Difference |
|---|---|---|---|
| Studio | $577 | $765 | $188 |
| 1 Bedroom | $717 | $906 | $189 |
| 2 Bedrooms | $913 | $1,145 | $232 |
| 3 Bedrooms | $1,145 | $1,402 | $257 |
| 4 Bedrooms | $1,249 | $1,638 | $389 |
| Median Income | $45,978 | $58,824 | $12,846 |
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
Portland-South Portland
- Studio
- $765/mo
- 1 BR
- $906/mo
- 2 BR
- $1,145/mo
- 3 BR
- $1,402/mo
- 4 BR
- $1,638/mo
- Median Income
- $58,824/yr
Frequently Asked Questions
Is Fargo or Portland-South Portland cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,145/mo in Portland-South Portland. That's $232/mo or $2,784/year more expensive in Portland-South Portland (25% higher).
What is the 2-bedroom rent in Fargo vs Portland-South Portland?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Portland-South Portland, a 2-bedroom FMR is $1,145/month.
How do incomes compare between Fargo and Portland-South Portland?
The median household income in Fargo is $45,978/year. In Portland-South Portland it is $58,824/year. Portland-South Portland has the higher median income.
What is the studio rent in Fargo vs Portland-South Portland?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Portland-South Portland it is $765/mo.