Rentometer, Inc. | Data as of 10/22/2025
Fergus Falls, nestled along the scenic Otter Tail River in west‑central Minnesota, blends small‑town charm with a vibrant cultural scene. The historic downtown district boasts restored brick storefronts, art galleries, and the iconic Camp Coldwater Golf Club, while the nearby Riverfront Park offers residents easy access to walking trails, river activities, and community events. Universities, hospitals, and a diverse mix of local businesses provide a stable employment base, making the city an attractive destination for families, students, and professionals alike.
The rental market in Fergus Falls reflects this balanced lifestyle, offering both single‑family homes and a variety of apartment options. Prospective renters can choose between cozy one‑bedroom units, which typically fall in the $900s, more spacious two‑bedroom apartments commonly found in the $1000 range, and larger three‑bedroom layouts that often reach the $1200s. Popular neighborhoods such as Riverside and the Historic District provide easy access to schools, parks, and dining, while newer developments near the university cater to a younger demographic seeking modern amenities and convenient transit options.
Beyond housing, the city’s appeal is enhanced by its strong sense of community and an array of recreational opportunities. Residents enjoy year‑round activities ranging from winter ice fishing on the river to summer festivals at the downtown plaza. With its blend of affordable rentals, welcoming neighborhoods, and abundant local attractions, Fergus Falls continues to be a sought‑after market for renters looking to experience the best of Minnesota living.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $941 | $880 | $745 - $1,450 | $850 - $965 |
| Apartment | 2 Bedroom | $1,034 | $1,055 | $765 - $1,250 | $1,005 - $1,105 |
| Apartment | 3 Bedroom | $1,267 | $1,220 | $1,135 - $1,525 | $1,185 - $1,273 |
In the current period, the average rent in Fergus Falls was
$942 for 1 Bedroom,
$1,035 for 2 Bedroom, and
$1,186 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.