Fargo vs Syracuse
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Syracuse is 11% cheaper for renters. A 2-bedroom rents for $820/mo vs $913/mo in Fargo — saving $1,116/year.
Rent by Unit Size
| Unit Size | Fargo | Syracuse | Difference |
|---|---|---|---|
| Studio | $577 | $546 | $31 |
| 1 Bedroom | $717 | $686 | $31 |
| 2 Bedrooms | $913 | $820 | $93 |
| 3 Bedrooms | $1,145 | $1,051 | $94 |
| 4 Bedrooms | $1,249 | $1,207 | $42 |
| Median Income | $45,978 | $42,142 | $3,836 |
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
Syracuse
- Studio
- $546/mo
- 1 BR
- $686/mo
- 2 BR
- $820/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,207/mo
- Median Income
- $42,142/yr
Frequently Asked Questions
Is Fargo or Syracuse cheaper to rent in?
Syracuse is cheaper — a 2-bedroom Fair Market Rent is $820/mo vs $913/mo in Fargo. That's $93/mo or $1,116/year more expensive in Fargo (11% higher).
What is the 2-bedroom rent in Fargo vs Syracuse?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Syracuse, a 2-bedroom FMR is $820/month.
How do incomes compare between Fargo and Syracuse?
The median household income in Fargo is $45,978/year. In Syracuse it is $42,142/year. Fargo has the higher median income.
What is the studio rent in Fargo vs Syracuse?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Syracuse it is $546/mo.