Fargo vs Shreveport-Bossier City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Shreveport-Bossier City is 21% cheaper for renters. A 2-bedroom rents for $757/mo vs $913/mo in Fargo — saving $1,872/year.
Rent by Unit Size
| Unit Size | Fargo | Shreveport-Bossier City | Difference |
|---|---|---|---|
| Studio | $577 | $521 | $56 |
| 1 Bedroom | $717 | $623 | $94 |
| 2 Bedrooms | $913 | $757 | $156 |
| 3 Bedrooms | $1,145 | $977 | $168 |
| 4 Bedrooms | $1,249 | $1,029 | $220 |
| Median Income | $45,978 | $42,460 | $3,518 |
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
Shreveport-Bossier City
- Studio
- $521/mo
- 1 BR
- $623/mo
- 2 BR
- $757/mo
- 3 BR
- $977/mo
- 4 BR
- $1,029/mo
- Median Income
- $42,460/yr
Frequently Asked Questions
Is Fargo or Shreveport-Bossier City cheaper to rent in?
Shreveport-Bossier City is cheaper — a 2-bedroom Fair Market Rent is $757/mo vs $913/mo in Fargo. That's $156/mo or $1,872/year more expensive in Fargo (21% higher).
What is the 2-bedroom rent in Fargo vs Shreveport-Bossier City?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Shreveport-Bossier City, a 2-bedroom FMR is $757/month.
How do incomes compare between Fargo and Shreveport-Bossier City?
The median household income in Fargo is $45,978/year. In Shreveport-Bossier City it is $42,460/year. Fargo has the higher median income.
What is the studio rent in Fargo vs Shreveport-Bossier City?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Shreveport-Bossier City it is $521/mo.