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Apartments Under $500 in Fargo, ND

1 - 5 of 5 Results
1
$435 - 460
Dakota Arms & Gardens
1002 1010 18th St N 1818 11th Ave N Fargo, ND
Studio | Oct. 10, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$465
Arrowhead Estates 2641
2641 15th St S Fargo, ND
Studio | Nov. 10, 2026
Contact
Heat Included
Cat Friendly
Surface Parking
Storage
Disability Access
1
$425 - 475
811 2nd Ave S
Fargo, ND
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Downtown Fargo
1
$475 - 500
The Gardner
26 Robert St N Fargo, ND
Studio | Available Now
Contact
Cat Friendly
Section 8
Air Conditioning
Storage
Disability Access
1
$415
University Park
1125 19th St N Fargo, ND
Studio | Oct. 10, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
1 - 5 of 5 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 5 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 182 studio apartments under $500 available for rent in Fargo.

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

Rentable.co has 259 one-bedroom apartments under $500 available for rent in Fargo.

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

Rentable.co has 375 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. Trollwood
  5. Madison-Unicorn Park

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

Welcome to the October 2026 Fargo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 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 October 2026 Apartment Report!
0 10 20 30 40 <$700 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 >$1,400
This month, the typical cost to rent a one-bedroom apartment in Fargo stands at $1,150, with the majority falling between $680 and $1,430. Out of the 2,150 one-bedroom apartments currently on the market in Fargo, 70 are priced below $500, accounting for 3% of the total available one-bedroom units in Fargo.

Available Apartments Under $500: Fargo vs. Surrounding Areas

Fargo, ND
West Fargo, ND
20
3
In October 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 October M/M % Change
Fargo, ND 20 +1.0%
West Fargo, ND 3 +1.0%
Moorhead, MN 2 +0.98%

Looking for Apartments Under $500 in Fargo?

Available apartments under $500 1,029
Top amenities Controlled Access, Microwave, High Speed Internet, Elevator, Garage Attached
Pet friendly 86
Utilities included 8
Studio 19
1 Bedroom 21
2 Bedroom 26
Square footage 155 - 1,740

Where are Fargo Apartments Under $500?

Top Neighborhoods Woodhaven, Downtown fargo, Bennett, Trollwood, Madison-unicorn park
Woodhaven 4
Downtown Fargo 2
Bennett 2
Trollwood 1
Madison-Unicorn Park 1
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