Find property management in Fargo, ND
Learn what to look for, compare Fargo management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Fargo Property Managers (26)
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Market Info
Fargo Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Fargo property management companies to find and get quotes from multiple property managers in Fargo, North Dakota. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
Fargo | North Dakota | U.S. | |
---|---|---|---|
Median Home Value | $143,900 | $124,300 | $192,400 |
Owner Costs > 30% Income | 16% | 13.2% | 14.7% |
Gross Rent > 30% Income | 20.9% | 18.6% | 19.2% |
Fargo Housing Market Stats
As of 2008, the rental vacancy rate in Fargo stood at 5%, relatively low compared to the rest of the country. There are about 87,456 housing units, averaging $143,900 in value, 41% of which are occupied by renters. The rent to price ratio in Fargo is 0.4%, slightly lower than the North Dakota average. For 21% of Fargo tenants, 30% or more of their income goes to paying rent.
Demographic Stats
Fargo | North Dakota | U.S. | |
---|---|---|---|
Avg Commute Time (minutes) | 16.2 | 13.9 | 25.3 |
Median Age | 31.6 | 32.6 | 36.7 |
Avg Household Size - Owners | 2.51 | 2.46 | 2.7 |
Avg Household Size - Renters | 1.73 | 1.77 | 2.42 |
Median Household Income | $47,636 | $42,770 | $52,175 |
Per Capita Income | $26,608 | $25,137 | $27,466 |
Fargo Demographic Info
Fargo has a population of 192,187, comprised of 82,498 households, with on average 2 members per household. Out of approximately 114,474 people in the civilian workforce, 110,085 (96%) were employed in 2008. 93% of the population 25 and older has earned a high school diploma, with 35% holding a 4 year college degree.