Fargo vs Winston-Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Winston-Salem is 13% cheaper for renters. A 2-bedroom rents for $807/mo vs $913/mo in Fargo — saving $1,272/year.
Rent by Unit Size
| Unit Size | Fargo | Winston-Salem | Difference |
|---|---|---|---|
| Studio | $577 | $531 | $46 |
| 1 Bedroom | $717 | $652 | $65 |
| 2 Bedrooms | $913 | $807 | $106 |
| 3 Bedrooms | $1,145 | $1,030 | $115 |
| 4 Bedrooms | $1,249 | $1,189 | $60 |
| Median Income | $45,978 | $47,140 | $1,162 |
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
Winston-Salem
- Studio
- $531/mo
- 1 BR
- $652/mo
- 2 BR
- $807/mo
- 3 BR
- $1,030/mo
- 4 BR
- $1,189/mo
- Median Income
- $47,140/yr
Frequently Asked Questions
Is Fargo or Winston-Salem cheaper to rent in?
Winston-Salem is cheaper — a 2-bedroom Fair Market Rent is $807/mo vs $913/mo in Fargo. That's $106/mo or $1,272/year more expensive in Fargo (13% higher).
What is the 2-bedroom rent in Fargo vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Fargo and Winston-Salem?
The median household income in Fargo is $45,978/year. In Winston-Salem it is $47,140/year. Winston-Salem has the higher median income.
What is the studio rent in Fargo vs Winston-Salem?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Winston-Salem it is $531/mo.