Fargo vs Rochester
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Rochester is 1% cheaper for renters. A 2-bedroom rents for $903/mo vs $913/mo in Fargo — saving $120/year.
Rent by Unit Size
| Unit Size | Fargo | Rochester | Difference |
|---|---|---|---|
| Studio | $577 | $594 | $17 |
| 1 Bedroom | $717 | $739 | $22 |
| 2 Bedrooms | $913 | $903 | $10 |
| 3 Bedrooms | $1,145 | $1,112 | $33 |
| 4 Bedrooms | $1,249 | $1,294 | $45 |
| Median Income | $45,978 | $52,618 | $6,640 |
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
Rochester
- Studio
- $594/mo
- 1 BR
- $739/mo
- 2 BR
- $903/mo
- 3 BR
- $1,112/mo
- 4 BR
- $1,294/mo
- Median Income
- $52,618/yr
Frequently Asked Questions
Is Fargo or Rochester cheaper to rent in?
Rochester is cheaper — a 2-bedroom Fair Market Rent is $903/mo vs $913/mo in Fargo. That's $10/mo or $120/year more expensive in Fargo (1% higher).
What is the 2-bedroom rent in Fargo vs Rochester?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Rochester, a 2-bedroom FMR is $903/month.
How do incomes compare between Fargo and Rochester?
The median household income in Fargo is $45,978/year. In Rochester it is $52,618/year. Rochester has the higher median income.
What is the studio rent in Fargo vs Rochester?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Rochester it is $594/mo.