Fargo vs Santa Fe
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 24% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,135/mo in Santa Fe — saving $2,664/year.
Rent by Unit Size
| Unit Size | Fargo | Santa Fe | Difference |
|---|---|---|---|
| Studio | $577 | $754 | $177 |
| 1 Bedroom | $717 | $923 | $206 |
| 2 Bedrooms | $913 | $1,135 | $222 |
| 3 Bedrooms | $1,145 | $1,361 | $216 |
| 4 Bedrooms | $1,249 | $1,696 | $447 |
| Median Income | $45,978 | $59,153 | $13,175 |
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
Santa Fe
- Studio
- $754/mo
- 1 BR
- $923/mo
- 2 BR
- $1,135/mo
- 3 BR
- $1,361/mo
- 4 BR
- $1,696/mo
- Median Income
- $59,153/yr
Frequently Asked Questions
Is Fargo or Santa Fe cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,135/mo in Santa Fe. That's $222/mo or $2,664/year more expensive in Santa Fe (24% higher).
What is the 2-bedroom rent in Fargo vs Santa Fe?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Santa Fe, a 2-bedroom FMR is $1,135/month.
How do incomes compare between Fargo and Santa Fe?
The median household income in Fargo is $45,978/year. In Santa Fe it is $59,153/year. Santa Fe has the higher median income.
What is the studio rent in Fargo vs Santa Fe?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Santa Fe it is $754/mo.