Fargo short-term rental market data
Across Oct 2025 – Sep 2026, Fargo averaged 61.9% occupancy and $147.43 per night across an average of 320 active listings. These market-wide figures are a starting point, not a prediction for an individual home.
- Average occupancy
- 61.9%
- Average nightly rate (USD)
- $147.43
- Average active listings
- 320
- Busiest month
- Jul 2026
Arithmetic averages of the latest 12 reported monthly figures; active listing counts are rounded.
The market, month by month
Monthly data table
| Month | Occupancy | Nightly rate | RevPAR | Active listings | Avg. revenue / active listing |
|---|---|---|---|---|---|
| Oct 2025 | 61.9% | $150.02 | $92.88 | 303 | $2,760.29 |
| Nov 2025 | 56.2% | $146.53 | $82.34 | 306 | $2,406.98 |
| Dec 2025 | 54.8% | $139.07 | $76.22 | 312 | $2,321.25 |
| Jan 2026 | 53.8% | $118.00 | $63.48 | 317 | $1,958.25 |
| Feb 2026 | 58.6% | $125.57 | $73.63 | 320 | $2,028.71 |
| Mar 2026 | 54.7% | $120.53 | $65.91 | 334 | $2,023.52 |
| Apr 2026 | 59.6% | $125.60 | $74.80 | 328 | $2,200.25 |
| May 2026 | 64.9% | $155.36 | $100.84 | 323 | $2,893.07 |
| Jun 2026 | 67.6% | $171.96 | $116.25 | 322 | $3,271.86 |
| Jul 2026 | 72.8% | $208.87 | $152.14 | 323 | $4,361.08 |
| Aug 2026 | 70.9% | $153.58 | $108.93 | 321 | $3,221.10 |
| Sep 2026 | 67.1% | $154.05 | $103.35 | 328 | $2,911.70 |
Compare Fargo neighborhoods
| Market | Avg. occupancy | Avg. nightly rate | Avg. active listings | Busiest month |
|---|
No local reports are published yet.
What the numbers say
- July 2026 was the busiest reported month, with 72.8% occupancy.
- January 2026 had the lowest reported occupancy at 53.8%.
- The latest reported month was 5.7 percentage points below the occupancy peak.
Fargo market questions
PriceLabs Market Research reports 61.9% average occupancy across the latest 12 reported months. This is an arithmetic average of monthly figures, not an individual property forecast.
July 2026 had the highest reported occupancy at 72.8%. January 2026 had the lowest at 53.8%. This period alone does not establish a recurring seasonal pattern.
Average nightly rate was $147.43 across the reported months.
The sum of average revenue per active listing across 12 reported months was $32,358.06. Larger homes raise the average and listing mix changes, so this is not the earnings of a fixed home or a guarantee.
Other North Dakota markets
Data: PriceLabs Market Research, Oct 2025 – Sep 2026. Averages across active listings, not a forecast or guarantee.
Data as of 2026-10-27.
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