Safe Rate Local
Learn about the people, housing, costs and businesses in Fargo, North Dakota
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Fargo.
True all-in cost — P&I, taxes, insurance & utilities for homes in Fargo.
Find and compare lenders active near Fargo.
As of today, the 30-year fixed mortgage rate for Fargo is approximately 6.907% (6.952% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for FargoThe median home value in Fargo is $271k. The median monthly rent is $968. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Fargo have increased 10.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,083/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fargo is $73k/year.
Calculate your buying powerThe largest employment sectors in Fargo are public administration (27%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.