Fargo Investment Analysis

Investment Property in Fargo, ND

Home Investment Performance Rent Prices Top Properties Top Neighborhoods Insights

Fargo, ND Real Estate Investment Performance

PROPERTY SALE PRICE

$314,812

Median

2,313

Avg/Sq.ft.

CASH ON CASH RETURN

4.00%

Traditional

1.00%

Airbnb

RENTAL INCOME

$ 2,320

Traditional

$ 1,458

Airbnb

RENTAL INCOME

$ 2,320

Traditional

$ 1,458

Airbnb

NUMBER OF PROPERTIES

829

Investment

2,492

Airbnb

3

Traditional

30%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

354

Number of homes sold

36

Median days on market

100%

Average sale-to-list price ratio

20%

Percentage of listings with price drops

829

Active listings count

558

New listings count

3.0

Months of supply

Fargo, ND Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 695	$ 1,084	$ 1,377	$ 1,888
Traditional	$ 1,114	$ 1,326	$ 1,880	$ 2,264

Airbnb

1 ROOM	$ 695
2 ROOMS	$ 1,084
3 ROOMS	$ 1,377
4 ROOMS	$ 1,888

Traditional

1 ROOM	$ 1,114
2 ROOMS	$ 1,326
3 ROOMS	$ 1,880
4 ROOMS	$ 2,264

Predict Short-Term Rental Revenue

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Investment Properties for Sale in Fargo, ND

$235,000

MLS 7137899

1625 11th St N, Fargo, ND 58102

Washington

Single Family Residential

5 beds 2 baths 1,884 sq.ft.

CAP RATE Trad. 6.52% Airbnb 9.98%

Analyze Property

$299,000

MLS 7099226

1601 11th St N, Fargo, ND 58102

Washington

Single Family Residential

5 beds 3 baths 2,497 sq.ft.

CAP RATE Trad. 7.73% Airbnb 7.42%

Analyze Property

$190,000

MLS 7142922

1019 9th Ave N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

5 beds 2 baths 1,954 sq.ft.

CAP RATE Trad. 10.49% Airbnb 6.26%

Analyze Property

$266,000

MLS 7017918

1002 5th Street N, Fargo, ND 58102

Horace Mann

Other

5 beds 4 baths 2,855 sq.ft.

CAP RATE Trad. 7.85% Airbnb 6.21%

Analyze Property

$250,000

MLS 7094116

1305 16 1/2 Street S, Fargo, ND 58103

Lewis and Clark

Other

5 beds 2 baths 2,112 sq.ft.

CAP RATE Trad. 6.76% Airbnb 6.04%

Analyze Property

$298,000

MLS 7099197

910 7th St N, Fargo, ND 58102

Horace Mann

Single Family Residential

5 beds 3 baths 2,364 sq.ft.

CAP RATE Trad. 6.85% Airbnb 5.87%

Analyze Property

$260,000

MLS 7056689

214-216 12th St S, Fargo, ND 58103

Hawthorne

Multi Family

5 beds 3 baths 2,508 sq.ft.

CAP RATE Trad. 7.93% Airbnb 5.27%

Analyze Property

$118,000

MLS 7112146

2650 15th St S #307, Fargo, ND 58103

Brunsdale

Condo/Coop

2 beds 1 baths 939 sq.ft.

CAP RATE Trad. 4.75% Airbnb 5.28%

Analyze Property

Single Family Houses for Sale in Fargo, ND

$235,000

MLS 7137899

1625 11th St N, Fargo, ND 58102

Washington

Single Family Residential

5 beds 2 baths 1,884 sq.ft.

CAP RATE Trad. 6.52% Airbnb 9.98%

Analyze Property

$299,000

MLS 7099226

1601 11th St N, Fargo, ND 58102

Washington

Single Family Residential

5 beds 3 baths 2,497 sq.ft.

CAP RATE Trad. 7.73% Airbnb 7.42%

Analyze Property

$190,000

MLS 7142922

1019 9th Ave N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

5 beds 2 baths 1,954 sq.ft.

CAP RATE Trad. 10.49% Airbnb 6.26%

Analyze Property

$298,000

MLS 7099197

910 7th St N, Fargo, ND 58102

Horace Mann

Single Family Residential

5 beds 3 baths 2,364 sq.ft.

CAP RATE Trad. 6.85% Airbnb 5.87%

Analyze Property

$200,000

MLS 7119367

1848 56th Ave S, Fargo, ND 58104

Bennett

Single Family Residential

4 beds 2 baths 1,952 sq.ft.

CAP RATE Trad. 11.22% Airbnb 5.17%

Analyze Property

$415,000

MLS 7105762

2101 26th Ave S, Fargo, ND 58103

Brunsdale

Single Family Residential

5 beds 3 baths 2,522 sq.ft.

CAP RATE Trad. 4.64% Airbnb 4.95%

Analyze Property

$225,000

MLS 7126539

915 College St N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

5 beds 3 baths 1,764 sq.ft.

CAP RATE Trad. 9.98% Airbnb 4.98%

Analyze Property

$145,000

MLS 7109487

609 10th St N, Fargo, ND 58102

Downtown

Single Family Residential

3 beds 1 baths 2,820 sq.ft.

CAP RATE Trad. 8.55% Airbnb 4.91%

Analyze Property

Multi Family Houses for sale in Fargo, ND

$260,000

MLS 7056689

214-216 12th St S, Fargo, ND 58103

Hawthorne

Multi Family

5 beds 3 baths 2,508 sq.ft.

CAP RATE Trad. 7.93% Airbnb 5.27%

Analyze Property

$199,000

MLS 7114581

1225 11 1/2 St N, Fargo, ND 58102

Roosevelt NDSU

Multi Family

6 beds 3 baths 2 sq.ft.

CAP RATE Trad. 10.91% Airbnb 4.43%

Analyze Property

$260,000

MLS 7126079

1146 11 St N, Fargo, ND 58102

Roosevelt NDSU

Multi Family

7 beds 3 baths 2,349 sq.ft.

CAP RATE Trad. 8.78% Airbnb 4.04%

Analyze Property

$265,000

MLS 7125964

1036 14th St N, Fargo, ND 58102

Roosevelt NDSU

Multi Family

6 beds 2 baths 2,040 sq.ft.

CAP RATE Trad. 6.79% Airbnb 3.93%

Analyze Property

$269,000

MLS 6810991

1419 4th Ave N, Fargo, ND 58102

Roosevelt NDSU

Multi Family

16 beds 4 baths 3,420 sq.ft.

CAP RATE Trad. 10.01% Airbnb 3.84%

Analyze Property

$229,900

MLS 7048482

1837-1839 7th Ave S, Fargo, ND 58103

Jefferson Carl Ben

Multi Family

4 beds 3 baths 1,806 sq.ft.

CAP RATE Trad. 8.56% Airbnb 3.45%

Analyze Property

$255,000

MLS 7042374

305-307 S 23rd St S, Fargo, ND 58103

Jefferson Carl Ben

Multi Family

6 beds 2 baths 2,172 sq.ft.

CAP RATE Trad. 6.44% Airbnb 2.92%

Analyze Property

$299,000

MLS 7123644

901 College St N, Fargo, ND 58102

Roosevelt NDSU

Multi Family

5 beds 3 baths 2,704 sq.ft.

CAP RATE Trad. 8.04% Airbnb 2.28%

Analyze Property

Condos for Sale in Fargo, ND

$118,000

MLS 7112146

2650 15th St S #307, Fargo, ND 58103

Brunsdale

Condo/Coop

2 beds 1 baths 939 sq.ft.

CAP RATE Trad. 4.75% Airbnb 5.28%

Analyze Property

$119,000

MLS 7076251

2650 15th St S #104, Fargo, ND 58103

Brunsdale

Condo/Coop

2 beds 1 baths 929 sq.ft.

CAP RATE Trad. 4.68% Airbnb 5.23%

Analyze Property

$126,000

MLS 7117740

2402 18th St S #2, Fargo, ND 58103

Brunsdale

Condo/Coop

2 beds 1 baths 921 sq.ft.

CAP RATE Trad. 4.22% Airbnb 4.72%

Analyze Property

$123,000

MLS 7142504

2308 18th St S #H, Fargo, ND 58103

Brunsdale

Condo/Coop

2 beds 1 baths 936 sq.ft.

CAP RATE Trad. 7.13% Airbnb 4.42%

Analyze Property

$84,900

MLS 7110372

1101 22nd St S #C11, Fargo, ND 58103

Jefferson Carl Ben

Condo/Coop

2 beds 1 baths 1,010 sq.ft.

CAP RATE Trad. 11.28% Airbnb 4.46%

Analyze Property

$215,000

MLS 7082699

1005-1007 12th St N, Fargo, ND 58102

Roosevelt NDSU

Condo/Coop

4 beds 2 baths 1,592 sq.ft.

CAP RATE Trad. 6.98% Airbnb 3.95%

Analyze Property

$89,900

MLS 7005714

1101 22nd St S #C6, Fargo, ND 58103

Jefferson Carl Ben

Condo/Coop

2 beds 1 baths 1,010 sq.ft.

CAP RATE Trad. 5.41% Airbnb 3.97%

Analyze Property

$135,000

MLS 7048073

2379 20 1/2 Ave S #2379-2, Fargo, ND 58103

South High

Condo/Coop

2 beds 1 baths 864 sq.ft.

CAP RATE Trad. 4.27% Airbnb 3.77%

Analyze Property

Townhouses for Sale in Fargo, ND

$112,000

MLS 7110810

2939 8th St N #4, Fargo, ND 58102

Northport

Townhouse

3 beds 1 baths 1,355 sq.ft.

CAP RATE Trad. 8.63% Airbnb 4.77%

Analyze Property

$275,000

MLS 7095133

4276 Estate Drive S, Fargo, ND 58104

Osgood

Townhouse

4 beds 4 baths 2,144 sq.ft.

CAP RATE Trad. 8.58% Airbnb 2.87%

Analyze Property

$312,000

MLS 11565896

6239 16th St S, Fargo, ND 58104

Bennett

Townhouse

4 beds 3 baths 2,404 sq.ft.

CAP RATE Trad. 7.79% Airbnb 2.60%

Analyze Property

$215,000

MLS 7112452

2025 Park Blvd S, Fargo, ND 58103

South High

Townhouse

3 beds 1 baths 1,338 sq.ft.

CAP RATE Trad. 4.68% Airbnb 1.44%

Analyze Property

$329,900

MLS 7081282

628 10th Ave N, Fargo, ND 58102

Horace Mann

Townhouse

3 beds 2 baths 2,041 sq.ft.

CAP RATE Trad. 5.86% Airbnb 1.40%

Analyze Property

$199,900

MLS 7036396

1566 27th Ave S, Fargo, ND 58103

Brunsdale

Townhouse

2 beds 2 baths 1,728 sq.ft.

CAP RATE Trad. 2.53% Airbnb 1.34%

Analyze Property

$239,900

MLS 7113234

2312 15th St S #C14, Fargo, ND 58103

Brunsdale

Townhouse

2 beds 1 baths 1,678 sq.ft.

CAP RATE Trad. 1.65% Airbnb 1.29%

Analyze Property

$265,000

MLS 7108548

4280 Estate Dr S, Fargo, ND 58104

Osgood

Townhouse

3 beds 2 baths 1,544 sq.ft.

CAP RATE Trad. 6.29% Airbnb 1.23%

Analyze Property

Top Fargo, ND Neighborhoods - Real Estate Market Analysis

Lewis and Clark

98%

98% Mashmeter

PROPERTY PRICE

$300,500

Median for city

CAP RATE

11.52%

Traditional

N/A

Airbnb

RENTAL INCOME

$ 1,153

Traditional

$ 2,220

Airbnb

56%

Airbnb occupancy rate

Analyze neighborhood

Madison Unicorn Park

57%

57% Mashmeter

PROPERTY PRICE

$300,500

Median for city

CAP RATE

3.58%

Traditional

5.86%

Airbnb

RENTAL INCOME

$ 1,088

Traditional

$ 2,032

Airbnb

57%

Airbnb occupancy rate

Analyze neighborhood

Roosevelt NDSU

41%

41% Mashmeter

PROPERTY PRICE

$300,500

Median for city

CAP RATE

2.57%

Traditional

3.97%

Airbnb

RENTAL INCOME

$ 1,088

Traditional

$ 2,014

Airbnb

58%

Airbnb occupancy rate

Analyze neighborhood

Pointe West

38%

38% Mashmeter

PROPERTY PRICE

$300,500

Median for city

CAP RATE

5.20%

Traditional

11.98%

Airbnb

RENTAL INCOME

$ 1,433

Traditional

$ 5,120

Airbnb

59%

Airbnb occupancy rate

Analyze neighborhood

Deer Creek

21%

21% Mashmeter

PROPERTY PRICE

$300,500

Median for city

CAP RATE

0.92%

Traditional

4.32%

Airbnb

RENTAL INCOME

$ 1,433

Traditional

$ 3,585

Airbnb

55%

Airbnb occupancy rate

Analyze neighborhood

Willow Park

18%

18% Mashmeter

PROPERTY PRICE

$300,500

Median for city

CAP RATE

2.39%

Traditional

N/A

Airbnb

RENTAL INCOME

$ 1,153

Traditional

$ 3,811

Airbnb

65%

Airbnb occupancy rate

Analyze neighborhood

Bennett

17%

17% Mashmeter

PROPERTY PRICE

$300,500

Median for city

CAP RATE

3.04%

Traditional

6.58%

Airbnb

RENTAL INCOME

$ 1,433

Traditional

$ 2,165

Airbnb

57%

Airbnb occupancy rate

Analyze neighborhood

Osgood

17%

17% Mashmeter

PROPERTY PRICE

$300,500

Median for city

CAP RATE

3.61%

Traditional

0.93%

Airbnb

RENTAL INCOME

$ 1,433

Traditional

$ 2,440

Airbnb

34%

Airbnb occupancy rate

Analyze neighborhood

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in Fargo, ND

$158 per night Airbnb occupancy rate 36%

Condominium 1 · 1 · 2

Luxury Downtown Fargo Loft • 1 block off Broadway Fargo, North Dakota, United States

Rental Income: $1,712 per month

4.93

632

$164 per night Airbnb occupancy rate 42%

House 3 · 5 · 8

The KOHO House. Walk to Downtown 3 Br, 2.5 Bath Fargo, North Dakota, United States

Rental Income: $2,118 per month

4.95

444

$55 per night Airbnb occupancy rate 22%

Apartment 1 · 1 · 2

Cozy 1-Bedroom in North Fargo Fargo, North Dakota, United States

Rental Income: $362 per month

4.56

427

$84 per night Airbnb occupancy rate 49%

House 2 · 5 · 8

Whole House with Walk-in Shower & many amenities Fargo, North Dakota, United States

Rental Income: $1,253 per month

4.87

390

$247 per night Airbnb occupancy rate 38%

House 3 · 2 · 6

Architectural Digest's #1 Prettiest Airbnb in ND! Fargo, North Dakota, United States

Rental Income: $2,882 per month

4.94

338

$104 per night Airbnb occupancy rate 27%

Apartment 1 · 1 · 2

Beautiful One Bedroom - Steps from Downtown!! Fargo, North Dakota, United States

Rental Income: $867 per month

4.94

318

$78 per night Airbnb occupancy rate 42%

Apartment 2 · 1 · 4

Close to what matters most Fargo, North Dakota, United States

Rental Income: $1,008 per month

4.94

304

$76 per night Airbnb occupancy rate 38%

Apartment 1 · 1 · 3

Roberts Alley Facing Comfortable 1 BR • Annex 217 Fargo, North Dakota, United States

Rental Income: $874 per month

4.78

283

Real Estate Investment Analysis - Other Cities in north dakota

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Grand Forks	$345,000	3%	1%	$1,820	$1,565	590	27%
Minot	$284,900	4%	3%	$1,714	$1,935	355	36%
Mandan	$272,500	5%	2%	$1,985	$2,363	290	31%
West Fargo	$380,000	4%	1%	$2,241	$1,927	187	27%

View all north dakota cities

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