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LendEDU: West Fargo one of the most budget-friendly cities!

July 20, 2020

West Fargo has been nationally recognized by LendEDU as one of the most budget-friendly cities in the country for renters!

They researched over 25,000 American cities and each city was ranked according to its rent-to-income ratio, or the proportion of a city’s median household income that goes to annual rent costs (including utilities). The lower percentages were more favorable.

West Fargo has an average annual rent cost of $11,472 and a median household income of $81,616 for a rent-to-income ratio of 14.06%. It is recommended that rent should not cost more than 30% of an annual income.

West Fargo’s low rent-to-income ratio ranked #20 in the country and #1 in the state of North Dakota!

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View the full report below: