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

$305,342

Median

2,301

Avg/Sq.ft.

CASH ON CASH RETURN

4.00%

Traditional

1.00%

Airbnb

RENTAL INCOME

$ 2,292

Traditional

$ 1,391

Airbnb

RENTAL INCOME

$ 2,292

Traditional

$ 1,391

Airbnb

NUMBER OF PROPERTIES

702

Investment

2,168

Airbnb

3

Traditional

25%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

278

Number of homes sold

57

Median days on market

99%

Average sale-to-list price ratio

20%

Percentage of listings with price drops

702

Active listings count

445

New listings count

3.6

Months of supply

Fargo, ND Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 771	$ 956	$ 1,329	$ 1,808
Traditional	$ 1,114	$ 1,326	$ 1,880	$ 2,264

Airbnb

1 ROOM	$ 771
2 ROOMS	$ 956
3 ROOMS	$ 1,329
4 ROOMS	$ 1,808

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

$39,900

MLS 7015591

1345 4th Ave S, Fargo, ND 58103

Jefferson Carl Ben

Other

N/A beds N/A baths N/A sq.ft.

CAP RATE Trad. 9.45% Airbnb 7.30%

Analyze Property

$205,000

MLS 6825087

729 14th St N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

3 beds 1 baths 2,088 sq.ft.

CAP RATE Trad. 3.15% Airbnb 5.97%

Analyze Property

$210,000

MLS 7083023

1007 11th St N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

3 beds 2 baths 1,402 sq.ft.

CAP RATE Trad. 6.68% Airbnb 5.77%

Analyze Property

$52,500

MLS 6591955

5853 James Dr W, Fargo, ND 58047

Deer Creek

Other

N/A beds N/A baths N/A sq.ft.

CAP RATE Trad. 11.55% Airbnb 6.07%

Analyze Property

$52,500

MLS 6591956

5859 James Dr W, Fargo, ND 58047

Deer Creek

Other

N/A beds N/A baths N/A sq.ft.

CAP RATE Trad. 11.55% Airbnb 6.07%

Analyze Property

$52,500

MLS 6593185

5877 James Dr W, Fargo, ND 58047

Deer Creek

Other

N/A beds N/A baths N/A sq.ft.

CAP RATE Trad. 11.55% Airbnb 6.07%

Analyze Property

$52,500

MLS 6593188

5883 James Dr W, Fargo, ND 58047

Deer Creek

Other

N/A beds N/A baths N/A sq.ft.

CAP RATE Trad. 11.55% Airbnb 6.07%

Analyze Property

$52,500

MLS 6593182

5871 James Dr W, Fargo, ND 58047

Deer Creek

Other

N/A beds N/A baths N/A sq.ft.

CAP RATE Trad. 11.55% Airbnb 6.07%

Analyze Property

Single Family Houses for Sale in Fargo, ND

$205,000

MLS 6825087

729 14th St N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

3 beds 1 baths 2,088 sq.ft.

CAP RATE Trad. 3.15% Airbnb 5.97%

Analyze Property

$210,000

MLS 7083023

1007 11th St N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

3 beds 2 baths 1,402 sq.ft.

CAP RATE Trad. 6.68% Airbnb 5.77%

Analyze Property

$219,000

MLS 7089849

1119 11th Ave N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

3 beds 2 baths 1,508 sq.ft.

CAP RATE Trad. 6.80% Airbnb 5.46%

Analyze Property

$225,000

MLS 7091754

1111 8th Ave N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

3 beds 1 baths 1,332 sq.ft.

CAP RATE Trad. 4.40% Airbnb 5.26%

Analyze Property

$235,000

MLS 7078229

1033 12th St N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

3 beds 2 baths 1,978 sq.ft.

CAP RATE Trad. 7.55% Airbnb 4.95%

Analyze Property

$235,000

MLS 7078231

1035 12th St N, Fargo, ND 58102

Roosevelt NDSU

Single Family Residential

3 beds 2 baths 1,627 sq.ft.

CAP RATE Trad. 6.30% Airbnb 4.95%

Analyze Property

$199,900

MLS 7096514

1346 1st Ave S, Fargo, ND 58103

Jefferson Carl Ben

Single Family Residential

4 beds 2 baths 1,784 sq.ft.

CAP RATE Trad. 8.24% Airbnb 4.77%

Analyze Property

$199,900

MLS 7009098

1422 8th Ave S, Fargo, ND 58103

Jefferson Carl Ben

Single Family Residential

4 beds 3 baths 1,296 sq.ft.

CAP RATE Trad. 6.91% Airbnb 4.77%

Analyze Property

Multi Family Houses for sale in Fargo, ND

$229,900

MLS 7015520

702 21st St S, Fargo, ND 58103

Jefferson Carl Ben

Multi Family

6 beds 3 baths 2,136 sq.ft.

CAP RATE Trad. 9.06% Airbnb 3.89%

Analyze Property

$235,900

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. 8.29% Airbnb 3.74%

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 3.32%

Analyze Property

$330,000

MLS 7051084

1105 11th St N, Fargo, ND 58102

Roosevelt NDSU

Multi Family

6 beds 4 baths 6,864 sq.ft.

CAP RATE Trad. 8.94% Airbnb 2.95%

Analyze Property

$130,000

1343 2ND AVE S, Fargo, ND 58103

Jefferson Carl Ben

Multi Family

2 beds 2.5 baths 1,464 sq.ft.

CAP RATE Trad. 9.33% Airbnb 2.33%

Analyze Property

$335,000

MLS 7092993

2710 N 8th St N, Fargo, ND 58102

Northport

Multi Family

6 beds 4 baths 3,792 sq.ft.

CAP RATE Trad. 10.04% Airbnb 1.78%

Analyze Property

$209,000

MLS 7087652

817 9th St S, Fargo, ND 58103

Hawthorne

Multi Family

6 beds 3 baths 2,548 sq.ft.

CAP RATE Trad. 9.76% Airbnb 1.58%

Analyze Property

$260,000

MLS 7094116

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

Lewis and Clark

Multi Family

5 beds 2 baths 2,112 sq.ft.

CAP RATE Trad. 6.67% Airbnb 1.23%

Analyze Property

Condos for Sale in Fargo, ND

$87,500

MLS 7088508

813 6th Ave N #B7, Fargo, ND 58102

Downtown

Condo/Coop

2 beds 1 baths 1,069 sq.ft.

CAP RATE Trad. 7.68% Airbnb 4.74%

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 4.36%

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 3.77%

Analyze Property

$110,000

MLS 7079717

1102 23rd St S #D10, Fargo, ND 58103

Jefferson Carl Ben

Condo/Coop

2 beds 1 baths 1,010 sq.ft.

CAP RATE Trad. 4.70% Airbnb 3.19%

Analyze Property

$115,000

MLS 7034236

3235 15th Ave S #C, Fargo, ND 58103

Westgate

Condo/Coop

2 beds 1 baths 988 sq.ft.

CAP RATE Trad. 5.47% Airbnb 2.87%

Analyze Property

$155,000

MLS 7049858

3211 15th Ave S #D, Fargo, ND 58103

Westgate

Condo/Coop

2 beds 2 baths 988 sq.ft.

CAP RATE Trad. 6.52% Airbnb 2.78%

Analyze Property

$157,000

MLS 7032376

812 10th St S #B9, Fargo, ND 58103

Hawthorne

Condo/Coop

2 beds 1 baths 1,039 sq.ft.

CAP RATE Trad. 3.10% Airbnb 2.26%

Analyze Property

$115,000

MLS 7093058

321 Prairiewood Cir S #304, Fargo, ND 58103

Prariewood

Condo/Coop

2 beds 1 baths 910 sq.ft.

CAP RATE Trad. 5.28% Airbnb 2.20%

Analyze Property

Townhouses for Sale in Fargo, ND

$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 2.62%

Analyze Property

$279,900

MLS 7095133

4276 Estate Dr S, Fargo, ND 58104

Osgood

Townhouse

4 beds 3 baths 2,144 sq.ft.

CAP RATE Trad. 8.54% Airbnb 2.46%

Analyze Property

$234,900

MLS 7080991

4765 10th Ave S, Fargo, ND 58103

Village West

Townhouse

3 beds 2 baths 1,480 sq.ft.

CAP RATE Trad. 5.29% Airbnb 1.85%

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 1.08%

Analyze Property

$180,000

MLS 7072412

1510 16 1/2 St S, Fargo, ND 58103

Lewis and Clark

Townhouse

2 beds 1 baths 1,058 sq.ft.

CAP RATE Trad. 2.27% Airbnb 0.97%

Analyze Property

$165,000

MLS 7075822

806 8th St N #3, Fargo, ND 58102

Downtown

Townhouse

2 beds 1 baths 1,200 sq.ft.

CAP RATE Trad. 2.91% Airbnb 0.89%

Analyze Property

$354,900

MLS 7079196

911 7th St N, Fargo, ND 58102

Horace Mann

Townhouse

3 beds 2 baths 2,041 sq.ft.

CAP RATE Trad. 5.53% Airbnb 0.86%

Analyze Property

$239,000

MLS 7089655

1818 34th St S, Fargo, ND 58103

Prariewood

Townhouse

2 beds 2 baths 2,474 sq.ft.

CAP RATE Trad. 6.12% Airbnb 0.66%

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

$57 per night Airbnb occupancy rate 17%

Apartment 1 · 1 · 2

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

Rental Income: $290 per month

4.59

418

$85 per night Airbnb occupancy rate 43%

House 2 · 1.5 · 6

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

Rental Income: $1,105 per month

4.87

348

$250 per night Airbnb occupancy rate 31%

House 3 · 2 · 6

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

Rental Income: $2,375 per month

4.94

326

$102 per night Airbnb occupancy rate 26%

Apartment 1 · 0 · 2

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

Rental Income: $816 per month

4.94

303

$83 per night Airbnb occupancy rate 43%

Apartment 2 · 0 · 4

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

Rental Income: $1,086 per month

4.95

293

$82 per night Airbnb occupancy rate 37%

Apartment 1 · 0 · 3

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

Rental Income: $916 per month

4.78

273

$80 per night Airbnb occupancy rate 30%

Apartment 1 · 0 · 2

DT Fargo Cozy 1 BR • 1 Block Off Brdwy • Annex 221 Fargo, North Dakota, United States

Rental Income: $733 per month

4.79

272

$100 per night Airbnb occupancy rate 28%

Apartment 1 · 1 · 2

Private Historic Flat • Walk/Bike to Downtown Fargo, North Dakota, United States

Rental Income: $867 per month

4.98

262

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	$349,000	3%	1%	$1,862	$991	445	24%
Mandan	$145,000	5%	2%	$1,425	$2,018	218	28%
Minot	$292,500	4%	2%	$1,737	$1,906	202	24%
Alice	$170,000	15%	7%	$1,492	$1,244	157	59%
West Fargo	$388,800	4%	1%	$2,253	$1,459	151	27%

View all north dakota cities

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