Example household · $83,730 · same pay · 1 adult

Fargo

Housing in Fargo, ND: Rent, Home Prices & Property Tax

$2,955 left/mo

$885/mo (1 bd) in Fargo. Median home $276,600. Property tax 1.19%.

Rent (1-bedroom)
$885
/mo
Buy
$2,036
Mortgage, tax, insurance
Buying costs more
$1,151
/mo

To buy

  • 20% down payment$55,320
  • Mortgage at 7.24%$1,508
  • Property tax (1.19% of value)$274/mo · $3,292/yr
  • Insurance and upkeep$254
  • Monthly total$2,036

Months to 20% down

$2,955 left each month. About 19 months (1.6 years) to save $55,320.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

Take-home by job in Fargo

Pay and leftover for every job in Fargo

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