FairRentWize

Fargo vs Tampa-St. Petersburg-Clearwater

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Fargo is 33% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater — saving $3,660/year.

Rent by Unit Size

Unit SizeFargoTampa-St. Petersburg-ClearwaterDifference
Studio$577$817$240
1 Bedroom$717$967$250
2 Bedrooms$913$1,218$305
3 Bedrooms$1,145$1,527$382
4 Bedrooms$1,249$1,752$503
Median Income$45,978$69,520$23,542

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
Full Fargo profile →

Tampa-St. Petersburg-Clearwater

Studio
$817/mo
1 BR
$967/mo
2 BR
$1,218/mo
3 BR
$1,527/mo
4 BR
$1,752/mo
Median Income
$69,520/yr
Full Tampa-St. Petersburg-Clearwater profile →

Frequently Asked Questions

Is Fargo or Tampa-St. Petersburg-Clearwater cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater. That's $305/mo or $3,660/year more expensive in Tampa-St. Petersburg-Clearwater (33% higher).
What is the 2-bedroom rent in Fargo vs Tampa-St. Petersburg-Clearwater?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Tampa-St. Petersburg-Clearwater, a 2-bedroom FMR is $1,218/month.
How do incomes compare between Fargo and Tampa-St. Petersburg-Clearwater?
The median household income in Fargo is $45,978/year. In Tampa-St. Petersburg-Clearwater it is $69,520/year. Tampa-St. Petersburg-Clearwater has the higher median income.
What is the studio rent in Fargo vs Tampa-St. Petersburg-Clearwater?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Tampa-St. Petersburg-Clearwater it is $817/mo.