Fargo vs Roanoke
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Roanoke is 14% cheaper for renters. A 2-bedroom rents for $803/mo vs $913/mo in Fargo — saving $1,320/year.
Rent by Unit Size
| Unit Size | Fargo | Roanoke | Difference |
|---|---|---|---|
| Studio | $577 | $518 | $59 |
| 1 Bedroom | $717 | $643 | $74 |
| 2 Bedrooms | $913 | $803 | $110 |
| 3 Bedrooms | $1,145 | $980 | $165 |
| 4 Bedrooms | $1,249 | $1,168 | $81 |
| Median Income | $45,978 | $51,099 | $5,121 |
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
Roanoke
- Studio
- $518/mo
- 1 BR
- $643/mo
- 2 BR
- $803/mo
- 3 BR
- $980/mo
- 4 BR
- $1,168/mo
- Median Income
- $51,099/yr
Frequently Asked Questions
Is Fargo or Roanoke cheaper to rent in?
Roanoke is cheaper — a 2-bedroom Fair Market Rent is $803/mo vs $913/mo in Fargo. That's $110/mo or $1,320/year more expensive in Fargo (14% higher).
What is the 2-bedroom rent in Fargo vs Roanoke?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Roanoke, a 2-bedroom FMR is $803/month.
How do incomes compare between Fargo and Roanoke?
The median household income in Fargo is $45,978/year. In Roanoke it is $51,099/year. Roanoke has the higher median income.
What is the studio rent in Fargo vs Roanoke?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Roanoke it is $518/mo.