Fargo city: Median Gross Rent Trend
How Fargo city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$765
2023
$916
Total change
+$151
% change
+19.7%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $765 | — |
| 2019 | $823 | +$58 (7.6%) |
| 2020 | $821 | $2 (-0.2%) |
| 2021 | $841 | +$20 (2.4%) |
| 2022 | $900 | +$59 (7%) |
| 2023 | $916 | +$16 (1.8%) |