Fargo, ND
Full City Profile · North Dakota · Clay County County
3.5
/5.0
B+
Good
129,064
Population
2,507/sq mi density
$66,029
Median Income
$42,212 per capita
$269,800
Home Value
$321,568 Zillow
$916
Median Rent
26.1% income on rent
42°F
Avg Temperature
505
Violent Crime/100K
3,726 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$66,029 median income, 3.9% unemployment
A
Affordability
4.4 / 5.0
$269,800 home value, $916/mo rent
F
Safety
1.0 / 5.0
505 violent crimes/100K (33% above avg)
A
Education
4.5 / 5.0
43.2% bachelor's degree or higher
Housing Overview
Median Home Value
$269,800
4% below
US avg: $281,900
Median Rent
$916/mo
21% below
US avg: $1,163/mo
Homeownership Rate
44.1%
33% below US avg (65.4%)
Total Housing Units
62,043
Median year built: 1990
Home Value by Source
Census Median
$269,800
Zillow (ZHVI)
$321,568
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.1%
Owner-Occupied
55.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$769/mo
1 Bedroom
$795/mo
2 Bedroom
$965/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,588/mo
Census median rent:
$916/mo
· Zillow rent:
$1,096/mo
Affordability & Housing Stock
Rent Burden
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
44.1%
Complete Housing Data
Home Values
| Census Median Value | $269,800 |
| Zillow Home Value (ZHVI) | $321,568 |
Rent
| Census Median Rent | $916 |
| Zillow Rent (ZORI) | $1,096 |
| FMR Studio | $769 |
| FMR 1-Bedroom | $795 |
| FMR 2-Bedroom | $965 |
| FMR 3-Bedroom | $1,297 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 44.1% |
| Renter-Occupied | 55.9% |
| Homeownership Rate | 44.1% |
| Total Housing Units | 62,043 |
| Median Year Built | 1990 |
| Rent Burden | 26.1% |