Fargo, ND
Unlock the data for all Markets
Overview
Annual Rev
$34.7k
12 mo avg
↑5%
from prior 12 mo
Occupancy rate
40%
12 mo avg
↓2%
from prior 12 mo
Avg daily rate
$207
12 mo avg
↑12%
from prior 12 mo
Lead time
30 days
12 mo avg
↓3 days
from prior 12 mo
Revpar
$64
12 mo avg
↓11%
from prior 12 mo
Methodology note: Figures reflect Fargo market data as of September 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Avg. Zestimate
Gross yield
Supply
Amenity revenue impact
| Amenity | Est. revenue impact |
|---|---|
| Hot Tub | +13% $4,513/yr |
| Lake Access | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| Barbecue | 🔒 +9% · $••••/yr Revenue lift and listing count available in Markets |
| EV Charger | 🔒 +8% · $••••/yr Revenue lift and listing count available in Markets |
| Sauna | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Pool | 🔒 +5% · $••••/yr Revenue lift and listing count available in Markets |
| TV | 🔒 +4% · $••••/yr Revenue lift and listing count available in Markets |
| Gym | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Bicycles | 🔒 +2% · $•••/yr Revenue lift and listing count available in Markets |
| Parking | 🔒 +2% · $•••/yr Revenue lift and listing count available in Markets |
| Internet | 🔒 +1% · $•••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
1 bedroom (9.0 nights)
2 bedrooms (6.3 nights)
3 bedrooms (6.2 nights)
4+ bedrooms (5.4 nights)
Cleaning fee by bedroom
4+ bedrooms ($151)
3 bedrooms ($127)
2 bedrooms ($83)
1 bedroom ($55)
Professional host share
Professionally managed (65%)
Independent hosts (35%)
Housing market signals
See how home prices, supply, and buyer competition are changing before you invest.
Are home values in Fargo going up or down?
Unlock five years of home value changes and Zillow's next-year forecast.
Which home type gives you the most space for the price?
Over the 12 months ending August 2026, the Fargo market averaged 680 active Airbnb and VRBO listings, up 5% from a year earlier and up 102% over two years.
An average Fargo listing earns $30K/year. High-performing listings earn $56K, while low-performing listings earn $13K.
Median Fargo home prices by size are 1-bedroom $241K, 2-bedroom $261K, 3-bedroom $329K, and 4+ bedroom $388K.
Average gross yield is 9%, reaching 17% for high-performing listings. Gross yield excludes financing and operating costs, so net profitability varies by property.
Average occupancy in Fargo is 33%, producing RevPAR of $61 per available night.
4+ bedroom listings have the highest average gross yield at 12%. They average $47K/year in revenue against a $388K median purchase price.
Rules vary across Fargo. Fargo: Moderate. Business license required, zoning compliance needed, no owner-occupancy mandate. Standard enforcement through complaints. Moorhead: Lenient. Basic business license, minimal restrictions. Light enforcement, complaint-driven only. Detroit Lakes: Lenient. No specific STR regulations beyond general lodging rules. Minimal enforcement, tourism-friendly approach. Verify requirements for the property's jurisdiction.
The Fargo Airbnb and VRBO market appears broadly balanced. Supply has grown 5% year-over-year, while RevPAR has increased 5%, showing no clear supply-demand imbalance.
RevPAR is highest in July and August; it is lowest in February and January.
The most common amenities are Air Conditioning (98%), Kitchen (96%), Internet (96%). The strongest positive revenue associations are Hot Tub (+60%), TV (+57%), Lake Access (+55%).
Average daily rate in Fargo is $227, up 2% year-over-year. Rates peak in July and are lowest in February.
Guests in Fargo book an average of 32 days in advance, down 4% from last year. Booking windows range from 26 days for 1-bedroom listings to 41 days for 4+ bedroom listings.
Booking demand is highest on Friday and lowest on Monday. Nightly rates peak on Saturday and are lowest on Tuesday. Weekend occupancy is 48% higher than weekday occupancy.