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Apartments Under $500 in Fargo, ND

1 - 11 of 11 Results
1
$435
Ashton
904 16th St N Fargo, ND
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$495
University Park
1125 19th St N Fargo, ND
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$475 - 500
Gardner
26 Robert St N Fargo, ND
Studio | Available Now
Contact
Cat Friendly
Section 8
Air Conditioning
Storage
Disability Access
1
$425
Southwood Apartments
2550 15th St S Fargo, ND
Studio | Available Now
Contact
Surface Parking
Storage
Disability Access
Brunsdale
4
$500
North Sky Iii
4835 28th Ave S Fargo, ND
1 BR | Ask for Availability
Contact
In Unit Laundry
Dishwasher
8
$ Ask - 760
Gemstone
1027 16th St N Fargo, ND
2 BR | Available Now
Contact
Cat Friendly
In Unit Laundry
Dishwasher
Roosevelt-NDSU
12
$ Ask - 620
Kingswood
1001 18th St N Fargo, ND
1 BR | Available Now
Contact
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
Madison-Unicorn Park
14
$ Ask - 690
Prairie One
1445 Gateway Circle W Fargo, ND
Studio - 2 BR | Available Now
Contact
Dishwasher
20
$500
Candlelight
2000 21st Ave S Fargo, ND
Studio | Available Now
Contact
South High
1
$495
Maplewood Bend
2211 11th Ave S #104 Fargo, ND
Studio | Available Now
Contact
Carl Ben
$410 - 490
2615 S University Dr
Fargo, ND
Studio | Available Now
Contact
1 - 11 of 11 Results
  1. Home
  2. Fargo
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Fargo, ND on Rentable.co?

There are 11 apartments under $500 in Fargo currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Fargo?

Rentable.co has 192 studio apartments under $500 available for rent in Fargo.

How many one-bedroom apartments under $500 are available in Fargo?

Rentable.co has 350 one-bedroom apartments under $500 available for rent in Fargo.

How many two-bedroom apartments under $500 are available in Fargo?

Rentable.co has 608 two-bedroom apartments under $500 available for rent in Fargo.

Can I afford a apartment under $500 in Fargo, ND?

To comfortably afford a apartment under $500 in Fargo based on average rent prices, a household would need an annual income of $19,000.

Which neighborhoods have the most apartments under $500 for rent in Fargo, ND?

  1. Woodhaven
  2. Downtown Fargo
  3. Bennett
  4. Carl Ben
  5. South High

Apartments Under $500 in Fargo, ND: May Rental Information

Welcome to the May 2026 Fargo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Fargo rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Fargo and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Fargo.

Stay tuned for a comprehensive analysis of the rental market in Fargo in the May 2026 Apartment Report!
0 7 15 22 30 <$600 $620 $660 $700 $740 $780 $820 $860 $900 $940 $980 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380
This month, the typical cost to rent a one-bedroom apartment in Fargo stands at $980, with the majority falling between $610 and $1,350. Out of the 3,319 one-bedroom apartments currently on the market in Fargo, 183 are priced below $500, accounting for 6% of the total available one-bedroom units in Fargo.

Available Apartments Under $500: Fargo vs. Surrounding Areas

Fargo, ND
West Fargo, ND
21
3
In May 2026, there are a variety of affordable apartments available for under $500 in Fargo, ND and the surrounding cities. The chart above shows the current number of available apartments under $500 in Fargo, as well as in nearby cities such as Moorhead, Barnesville, Hawley, West Fargo, Dilworth, and Harwood. This data provides renters with an overview of the total inventory of affordable apartments in the Fargo, ND metro area, giving them a snapshot of the rental market and available options in the region.

Apartments Under $500 Now vs. Last Month: Fargo and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Fargo, ND 21 +0.93%
West Fargo, ND 3 +1.0%
Moorhead, MN 2 +1.0%

Looking for Apartments Under $500 in Fargo?

Available apartments under $500 1,337
Top amenities Controlled Access, Elevator, Stainless Appliances, Island Kitchen
Pet friendly 98
Utilities included 8
Studio 32
1 Bedroom 25
2 Bedroom 27
Square footage 146 - 1,739

Where are Fargo Apartments Under $500?

Top Neighborhoods Woodhaven, Downtown fargo, Bennett, Carl ben, South high
Woodhaven 4
Downtown Fargo 2
Bennett 2
Carl Ben 1
South High 1
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