Low Income Apartments and Affordable Housing For Rent in Fargo, ND

Discover affordable housing in Fargo where there are 58+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Edge

1321 5th Avenue North, Fargo, North Dakota 58102

Foxtail Creek Townhomes

3720 42nd Street S, Fargo, North Dakota 58104

Northland Apartments

1115 23rd St S, Fargo, North Dakota 58103

Milton Earl Apartments

708 4th St., Fargo, North Dakota 58102

Bethany Towers II

1333 3rd Ave S, Fargo, North Dakota 58102

Fraser 4

717 University Dr S, Fargo, North Dakota 58103

Community Homes I

702 23rd St S, Fargo, North Dakota 58103

Community Homes II

2210 6th Ave S, Fargo, North Dakota 58103

Fraser Hall

711 University Dr S, Fargo, North Dakota 58103

Windwood Townhomes

45th Street SW, Fargo, North Dakota 58104

The West Winds South

3520 42nd St S, Fargo, North Dakota 58104

Cooper House Apartments

414 11th St N, Fargo, North Dakota 58102

Sunrise North

350 26th Ave N, Fargo, North Dakota 58102

Bluestem Townhomes

4518 Blue Stem Ct S, Fargo, North Dakota 58104

Homefield Senior Living Apartments I, II, and III

4245 28th Avenue South, Fargo, North Dakota 58104

University Drive Manor

1201 2nd Ave N, Fargo, North Dakota 58102

The Bridges

1601 North University Drive, Fargo, North Dakota 58102

Sister's Path

4219 9th Ave S, Fargo, North Dakota 58103

Herald Square

303 Roberts St N, Fargo, North Dakota 58102

The West Winds North

3420 42nd St S, Fargo, North Dakota 58104

calendar_today Opened: Nov 4
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fargo, North Dakota
$17.88/hour
$10.63 (+147%) more than North Dakota minimum wage and $10.63 (+147%) more than the Federal minimum wage.
Learn More About Fargo, North Dakota Affordable Housing ↓

What HUD offices serve Fargo, North Dakota?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Fargo, North Dakota.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Family Unification Program (FUP), Emergency Housing Voucher (EHV) programs for Fargo, North Dakota.

Go to the North Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Fargo.

How many renters live in Fargo, North Dakota?

The City of Fargo has 133,879 people living in 59,028 households.

There are 63,235 renters living in 33,451 renter households in this City. Renters make up 47.23 percent of the population living in Fargo.

What is the rental market like in Fargo, North Dakota?

There are an estimated 62,043 housing units in the Fargo area. Of these, 34,872 units are rental homes, making up 56 percent of the housing market. For every renter household in Fargo, North Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Fargo?

The rental vacancy rate in Fargo is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Fargo for each bedroom size?

Occupied Rental Units by Size in Fargo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,069 9,195 16,130 4,848 980
Occupied Rental Units by Size in Fargo

A large number of apartments in Fargo have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Fargo are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Fargo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $656 to $1,602. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $656
One BR $781
Two BR $944
Three BR $1,330
Four BR $1,602
2024 Fair Market Rents in Fargo, North Dakota

How many units are rented at Fair Market Rent (FMR) in Fargo?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 670 32 percent
One BR 4,682 51 percent
Two BR 10,261 64 percent
Rental Units Below FMR in Fargo, North Dakota

How many affordable rental units are in Fargo?

There are a variety of federal affordable housing programs serving households in Fargo, North Dakota including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,571
Public Housing 228
Section 8 Project-Based Rental Assistance 450
Mod Rehab Project-Based Rental Assistance 46
Section 811 Supportive Housing for Persons with Disabilities 17
Tracked Units by Federal Program in Fargo, North Dakota

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Fargo, North Dakota

Fargo features 1,142 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Fargo, North Dakota

There are 1,491 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fargo.

Housing Choice Vouchers in Fargo, North Dakota

On average, Section 8 Housing Choice vouchers pay Fargo landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Fargo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fargo, North Dakota for a two-bedroom apartment is between $850 and $1,038.

Sourced from federal housing data and AffordableHousingOnline.com research.