Fargo vs South Bend-Mishawaka
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
South Bend-Mishawaka is 26% cheaper for renters. A 2-bedroom rents for $724/mo vs $913/mo in Fargo — saving $2,268/year.
Rent by Unit Size
| Unit Size | Fargo | South Bend-Mishawaka | Difference |
|---|---|---|---|
| Studio | $577 | $500 | $77 |
| 1 Bedroom | $717 | $609 | $108 |
| 2 Bedrooms | $913 | $724 | $189 |
| 3 Bedrooms | $1,145 | $947 | $198 |
| 4 Bedrooms | $1,249 | $1,108 | $141 |
| Median Income | $45,978 | $45,155 | $823 |
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
South Bend-Mishawaka
- Studio
- $500/mo
- 1 BR
- $609/mo
- 2 BR
- $724/mo
- 3 BR
- $947/mo
- 4 BR
- $1,108/mo
- Median Income
- $45,155/yr
Frequently Asked Questions
Is Fargo or South Bend-Mishawaka cheaper to rent in?
South Bend-Mishawaka is cheaper — a 2-bedroom Fair Market Rent is $724/mo vs $913/mo in Fargo. That's $189/mo or $2,268/year more expensive in Fargo (26% higher).
What is the 2-bedroom rent in Fargo vs South Bend-Mishawaka?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In South Bend-Mishawaka, a 2-bedroom FMR is $724/month.
How do incomes compare between Fargo and South Bend-Mishawaka?
The median household income in Fargo is $45,978/year. In South Bend-Mishawaka it is $45,155/year. Fargo has the higher median income.
What is the studio rent in Fargo vs South Bend-Mishawaka?
A studio apartment Fair Market Rent in Fargo is $577/mo. In South Bend-Mishawaka it is $500/mo.