Fargo vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 20% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,097/mo in Raleigh-Cary — saving $2,208/year.
Rent by Unit Size
| Unit Size | Fargo | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $577 | $760 | $183 |
| 1 Bedroom | $717 | $928 | $211 |
| 2 Bedrooms | $913 | $1,097 | $184 |
| 3 Bedrooms | $1,145 | $1,435 | $290 |
| 4 Bedrooms | $1,249 | $1,556 | $307 |
| Median Income | $45,978 | $70,678 | $24,700 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Fargo or Raleigh-Cary cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,097/mo in Raleigh-Cary. That's $184/mo or $2,208/year more expensive in Raleigh-Cary (20% higher).
What is the 2-bedroom rent in Fargo vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Fargo and Raleigh-Cary?
The median household income in Fargo is $45,978/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Fargo vs Raleigh-Cary?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Raleigh-Cary it is $760/mo.