A free resource by NextGen Coastal — monthly OC rental market intelligence

Comparing Fargo vs Bismarck vs Grand Forks

Live from the NGP-Rental-Data warehouse. Pick 2 to 4 cities and see them side by side.

Cities to compare (2 to 4)

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Headline numbers

Fargo

ND

$1,084

YoY change
+4.5%
Vacancy
5.2%
2-BR rent
Cap rate
Renter share
56.3%

Bismarck

ND

$1,316

YoY change
+8.5%
Vacancy
6.8%
2-BR rent
Cap rate
Renter share
34.5%

Grand Forks

ND

$1,207

YoY change
+8.1%
Vacancy
7.0%
2-BR rent
Cap rate
Renter share
53.6%

All values from the NGP-Rental-Data warehouse. Updated March 2026. See methodology.

Rent index — overlaid, last 5 years

ZORI rent index — Fargo vs Bismarck vs Grand Forks

Monthly Zillow ZORI rent index. Data updates monthly. Source: methodology.

Demographics & income

Metric FargoBismarckGrand Forks
Median household income $66,998$78,387$63,627
Median age 31.838.929.6
Renter household share 56.3%34.5%53.6%
YoY rent change +4.5%+8.5%+8.1%
Cap rate (overall)
$/unit (MFR)

Demographics: Census ACS5 2019-2024. Rent & cap rate: NGP-Rental-Data warehouse (see methodology). Cells marked "—" mean the metric isn't available for that geography in any free public source we ingest.