Fargo vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 15% cheaper for renters. A 2-bedroom rents for $794/mo vs $913/mo in Fargo — saving $1,428/year.
Rent by Unit Size
| Unit Size | Fargo | Racine | Difference |
|---|---|---|---|
| Studio | $577 | $508 | $69 |
| 1 Bedroom | $717 | $641 | $76 |
| 2 Bedrooms | $913 | $794 | $119 |
| 3 Bedrooms | $1,145 | $1,002 | $143 |
| 4 Bedrooms | $1,249 | $1,141 | $108 |
| Median Income | $45,978 | $42,267 | $3,711 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Fargo or Racine cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $913/mo in Fargo. That's $119/mo or $1,428/year more expensive in Fargo (15% higher).
What is the 2-bedroom rent in Fargo vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Fargo and Racine?
The median household income in Fargo is $45,978/year. In Racine it is $42,267/year. Fargo has the higher median income.
What is the studio rent in Fargo vs Racine?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Racine it is $508/mo.