Minnesota vs Iowa: Rent Comparison 2026
Side-by-side comparison of fair market rents, income, and tenant protections between Minnesota and Iowa.
Iowa is 21% cheaper for a 2-bedroom rental than Minnesota, saving renters approximately $210/mo ($2,520/year).
| Metric | Minnesota | Iowa |
|---|---|---|
| Average 1BR Rent | $851/mo | $647/mo |
| Average 2BR Rent | $1,024/mo | $814/mo |
| Median Income | $60,017 | $46,260 |
| Renter % | 39.4% | 31.5% |
| Tenant Rights | 7/10 | 4/10 |
Rent Burden Comparison
Minnesota
2BR Rent: $1,024/mo of $60,017/yr income
20.5% of income
Iowa
2BR Rent: $814/mo of $46,260/yr income
21.1% of income
Frequently Asked Questions
Is Minnesota or Iowa cheaper to rent in?
Iowa has lower average rents. A 2-bedroom averages $814/mo, which is $210 less per month than Minnesota (21% cheaper).
Which state has better tenant protections, Minnesota or Iowa?
Minnesota has stronger tenant rights with a score of 7/10 compared to 4/10.
What is the income difference between Minnesota and Iowa?
Minnesota median income: $60,017. Iowa median income: $46,260. Difference: $13,757/year.
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