Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Fargo area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Fargo, ND

1 - 14 of 14 Results
1
$405
Summerset Apartments
2526 2537 15th St S Fargo, ND
Studio | Available Now
Contact
Heat Included
Cat Friendly
Storage
Disability Access
Brunsdale
1
$445
Dundee Apartments
1132 16th St N Fargo, ND
Studio | Ask for Availability
Contact
Surface Parking
Storage
Disability Access
Roosevelt-NDSU
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
$420
Dakota Arms & Gardens
1002 1010 18th St N 1818 11th Ave N Fargo, ND
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$430
Arrowhead Estates 2641
2641 15th St S Fargo, ND
Studio | Available Now
Contact
Heat Included
Cat Friendly
Surface Parking
Storage
Disability Access
4
$500
North Sky Iii
4835 28th Ave S Fargo, ND
1 BR | Ask for Availability
Contact
In Unit Laundry
Dishwasher
20
$500
Candlelight
2000 21st Ave S Fargo, ND
Studio | Available Now
Contact
South High
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
8
$ Ask - 760
Gemstone
1027 16th St N Fargo, ND
2 BR | Available Now
Contact
Cat Friendly
In Unit Laundry
Dishwasher
Roosevelt-NDSU
14
$ Ask - 690
Prairie One
1445 Gateway Circle W Fargo, ND
Studio - 2 BR | Available Now
Contact
Dishwasher
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 - 14 of 14 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 14 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 252 studio apartments under $500 available for rent in Fargo.

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

Rentable.co has 413 one-bedroom apartments under $500 available for rent in Fargo.

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

Rentable.co has 693 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. Downtown Fargo
  2. Woodhaven
  3. Bennett
  4. Brunsdale
  5. Carl Ben

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

Welcome to the August 2026 Fargo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 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 August 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 $960, with the majority falling between $600 and $1,350. Out of the 3,335 one-bedroom apartments currently on the market in Fargo, 213 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
20
3
In August 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 August M/M % Change
Fargo, ND 20 +1.02%
West Fargo, ND 3 +1.0%
Moorhead, MN 2 +0.92%

Looking for Apartments Under $500 in Fargo?

Available apartments under $500 1,494
Top amenities Controlled Access, Walk In Closets, Elevator, Garage Attached
Pet friendly 87
Utilities included 8
Studio 26
2 Bedroom 37
3 Bedroom 17
Square footage 30 - 1,739

Where are Fargo Apartments Under $500?

Top Neighborhoods Downtown fargo, Woodhaven, Bennett, Brunsdale, Carl ben
Downtown Fargo 3
Woodhaven 3
Bennett 2
Brunsdale 2
Carl Ben 1
Browse Fargo Apartments
Fargo Apartments by Neighborhood
Fargo Apartments by Bedrooms
Fargo Apartments by Affordability
Fargo Apartments with Amenities
Fargo Apartments by Type
Colleges Near Fargo
Fargo Apartments by Zip Code