Fargo vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 9% cheaper for renters. A 2-bedroom rents for $913/mo vs $994/mo in Virginia Beach-Norfolk-Newport News — saving $972/year.
Rent by Unit Size
| Unit Size | Fargo | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $577 | $659 | $82 |
| 1 Bedroom | $717 | $824 | $107 |
| 2 Bedrooms | $913 | $994 | $81 |
| 3 Bedrooms | $1,145 | $1,234 | $89 |
| 4 Bedrooms | $1,249 | $1,448 | $199 |
| Median Income | $45,978 | $57,948 | $11,970 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is Fargo or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $994/mo in Virginia Beach-Norfolk-Newport News. That's $81/mo or $972/year more expensive in Virginia Beach-Norfolk-Newport News (9% higher).
What is the 2-bedroom rent in Fargo vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Fargo and Virginia Beach-Norfolk-Newport News?
The median household income in Fargo is $45,978/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Virginia Beach-Norfolk-Newport News has the higher median income.
What is the studio rent in Fargo vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.