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    Average Rent in Fargo, OK (2026)

    The average 1-bedroom rent in Fargo, OK is $1,150/month as of 2026, based on HUD data across 1 ZIP codes. Rents have changed +18.6% year over year. Rents range from $1,150 to $1,150.

    Average Rent · 1-Bedroom

    $1,150/mo

    Source: HUD Fair Market Rent · 1 zip codes

    Year-over-Year

    ↑ +18.6%

    Source: HUD Fair Market Rent

    Data through

    The average 1-bedroom rent in Fargo, OK is $1,150/month according to HUD FY2026 Fair Market Rent data, covering 1 ZIP codes. Rents have increased 18.6% year-over-year. The average 1-bedroom rent in Fargo is 4% below the national average of $1,196/month.

    Average rent in Fargo, OK ranges from $1,150 to $1,150 across 1 ZIP codes.

    Based on HUD Fair Market Rent, a fair rent increase in Fargo, OK is approximately 18.6% for 2026. An increase above 18.6% exceeds the local market trend and may be worth negotiating.

    Key Facts

    Average 1-BR rent: $1,150/mo
    Year-over-year change: +18.6%
    Coverage: 1 ZIP codes
    Data source: HUD Small Area FMR FY2026
    vs. national avg: 4% below ($1,196/mo)

    Sources: HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated October 2025.

    Market trend data is limited for this area. The analysis below uses federal rent benchmarks.

    How much is rent in Fargo, OK?

    The average 1-bedroom rent in Fargo, OK is $1,150/month as of 2026, based on HUD data across 1 ZIP codes. Rents across Fargo are relatively uniform, clustering around $1,150/month. To afford this at the 30% rule, a household would need approximately $46,000/year.

    Is rent going up in Fargo?

    Rents in Fargo have increased 18.6% year over year based on HUD Fair Market Rent. This is a notably high rate of increase, indicating strong upward rent pressure in Fargo.

    What is a fair rent increase in Fargo?

    Based on HUD Fair Market Rent, a rent increase around 18.6% is in line with the Fargo market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.

    What Should Rent Cost in Fargo?

    Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.

    Studio$960 – $1,104

    A studio in Fargo typically rents for $960 – $1,104.

    Rents above $1,270 are in the top 25% for this area.

    1-Bedroom$1,150 – $1,323

    A 1-bedroom in Fargo typically rents for $1,150 – $1,323.

    Rents above $1,521 are in the top 25% for this area.

    2-Bedroom$1,270 – $1,461

    A 2-bedroom in Fargo typically rents for $1,270 – $1,461.

    Rents above $1,680 are in the top 25% for this area.

    3-Bedroom$1,590 – $1,828

    A 3-bedroom in Fargo typically rents for $1,590 – $1,828.

    Rents above $2,102 are in the top 25% for this area.

    4-Bedroom$1,830 – $2,105

    A 4-bedroom in Fargo typically rents for $1,830 – $2,105.

    Rents above $2,421 are in the top 25% for this area.

    Federal Rent Benchmarks for Fargo

    HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.

    Studio

    $960

    HUD Fair Market Rent

    1-Bedroom

    $1,150

    HUD Fair Market Rent

    2-Bedroom

    $1,270

    HUD Fair Market Rent

    3-Bedroom

    $1,590

    HUD Fair Market Rent

    4-Bedroom

    $1,830

    HUD Fair Market Rent

    Source: HUD SAFMR FY2026 · Updated

    Zip Codes in Fargo

    Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.

    HUD publishes a single Fair Market Rent for the entire Woodward County, OK metro area. For zip-level variation, the tool uses additional data sources including real-time comparable listings and local market indices.

    73840

    All zip codes in Fargo share the same county-level HUD Fair Market Rent ($1,150 for 1-BR). Click any zip for SAFMR-specific rates.

    County-level FMR shown in city summary above.

    How Does Fargo Compare?

    Woodward, OK
    $805/mo-30%
    Harmon, OK
    $840/mo-27%
    Chester, OK
    $890/mo-23%
    Fort Supply, OK
    $710/mo-38%
    Freedom, OK
    $990/mo-14%

    Questions about rent in Fargo

    What is the average 1-bedroom rent in Fargo, OK?

    The average 1-bedroom fair market rent in Fargo, OK is $1,150/month as of 2026, based on HUD rent data across 1 ZIP codes in the city. This is 4% below the national average of $1,196/month. Rents range from $1,150 to $1,150 depending on ZIP code.

    What is a fair rent increase in Fargo?

    A rent increase up to about 18.6% is broadly in line with the recent market trend in Fargo. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $1,150/month.

    Are rents going up or down in Fargo?

    Rents in Fargo have increased 18.6% year over year based on HUD Fair Market Rent. This reflects local market conditions across 1 ZIP codes in the Woodward County, OK area.

    How much do rents vary across Fargo?

    1-bedroom rents across Fargo range from $1,150 to $1,150 on this page, a $0/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.

    Can my landlord raise my rent in Fargo?

    We could not identify a city-specific rent cap for Fargo. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.

    How much should I spend on rent in Fargo?

    The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Fargo at $1,150/month, a household would need approximately $46,000/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.

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    Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →