Fargo vs Terre Haute
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Terre Haute is 35% cheaper for renters. A 2-bedroom rents for $676/mo vs $913/mo in Fargo — saving $2,844/year.
Rent by Unit Size
| Unit Size | Fargo | Terre Haute | Difference |
|---|---|---|---|
| Studio | $577 | $419 | $158 |
| 1 Bedroom | $717 | $537 | $180 |
| 2 Bedrooms | $913 | $676 | $237 |
| 3 Bedrooms | $1,145 | $806 | $339 |
| 4 Bedrooms | $1,249 | $964 | $285 |
| Median Income | $45,978 | $40,500 | $5,478 |
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
Terre Haute
- Studio
- $419/mo
- 1 BR
- $537/mo
- 2 BR
- $676/mo
- 3 BR
- $806/mo
- 4 BR
- $964/mo
- Median Income
- $40,500/yr
Frequently Asked Questions
Is Fargo or Terre Haute cheaper to rent in?
Terre Haute is cheaper — a 2-bedroom Fair Market Rent is $676/mo vs $913/mo in Fargo. That's $237/mo or $2,844/year more expensive in Fargo (35% higher).
What is the 2-bedroom rent in Fargo vs Terre Haute?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Terre Haute, a 2-bedroom FMR is $676/month.
How do incomes compare between Fargo and Terre Haute?
The median household income in Fargo is $45,978/year. In Terre Haute it is $40,500/year. Fargo has the higher median income.
What is the studio rent in Fargo vs Terre Haute?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Terre Haute it is $419/mo.