Can A Carpenter Afford Rent in Fargo, ND?

Comfortably affordable — rent takes 22.1% of gross income.

Fargo rent: June 2026. Salary: BLS OEWS May 2024 (North Dakota state estimate).

Fargo median rent
$1,088/mo
Carpenter salary (North Dakota)
$59,112/yr
Rent as % of income
22.1%
Gross monthly income works out to about $4,926, and the 30% rule supports up to $1,478/mo in rent. Fargo's median rent of $1,088 leaves roughly $390/mo of headroom under that threshold. A carpenter works roughly 38.3 hours a month to cover that rent.

About rent and a carpenter salary

Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.

Cheaper rent nearby

These North Dakota cities have lower median rent than Fargo, which improves the affordability math on a carpenter salary:

Minot, ND
$1,086/mo (22% of income)
Mandan, ND
$1,074/mo (21.8% of income)
Mandan, ND
$1,060/mo (21.5% of income)

Compare with full rent data for Fargo

View full rent data for Fargo, ND

Frequently asked questions

Can a carpenter afford rent in Fargo, ND?

Median rent in Fargo is $1,088 a month. A typical carpenter in North Dakota earns about $59,112 a year, which makes that rent 22.1% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Fargo?

Using the 30% rule, a carpenter salary in North Dakota (~$59,112/yr) supports up to $1,478 a month in rent. Fargo's current median rent is $1,088/mo, which leaves a $390/mo buffer.

How many hours does a carpenter work to cover rent in Fargo?

At an hourly equivalent of about $28 an hour, a carpenter in North Dakota works roughly 38.3 hours a month to cover Fargo's median rent of $1,088.

Where is rent cheaper than Fargo for a carpenter?

Nearby North Dakota cities with lower median rent include Minot ($1,086/mo), Mandan ($1,074/mo), Mandan ($1,060/mo). Each shifts the affordability math materially on a carpenter salary.

Methodology: Salary uses the BLS-derived North Dakota state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Fargo, ND. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.