Minnesota vs Florida: Rent Comparison 2026
Side-by-side comparison of fair market rents, income, and tenant protections between Minnesota and Florida.
Minnesota is 15% cheaper for a 2-bedroom rental than Florida, saving renters approximately $174/mo ($2,088/year).
| Metric | Minnesota | Florida |
|---|---|---|
| Average 1BR Rent | $851/mo | $938/mo |
| Average 2BR Rent | $1,024/mo | $1,198/mo |
| Median Income | $60,017 | $66,543 |
| Renter % | 39.4% | 38.9% |
| Tenant Rights | 7/10 | 4/10 |
Rent Burden Comparison
Minnesota
2BR Rent: $1,024/mo of $60,017/yr income
20.5% of income
Florida
2BR Rent: $1,198/mo of $66,543/yr income
21.6% of income
Frequently Asked Questions
Is Minnesota or Florida cheaper to rent in?
Minnesota has lower average rents. A 2-bedroom averages $1,024/mo, which is $174 less per month than Florida (15% cheaper).
Which state has better tenant protections, Minnesota or Florida?
Minnesota has stronger tenant rights with a score of 7/10 compared to 4/10.
What is the income difference between Minnesota and Florida?
Minnesota median income: $60,017. Florida median income: $66,543. Difference: $6,526/year.