Akron vs Minneapolis-St. Paul-Bloomington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Akron is 33% cheaper for renters. A 2-bedroom rents for $822/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $3,228/year.
Rent by Unit Size
| Unit Size | Akron | Minneapolis-St. Paul-Bloomington | Difference |
|---|---|---|---|
| Studio | $552 | $731 | $179 |
| 1 Bedroom | $662 | $917 | $255 |
| 2 Bedrooms | $822 | $1,091 | $269 |
| 3 Bedrooms | $1,025 | $1,436 | $411 |
| 4 Bedrooms | $1,215 | $1,675 | $460 |
| Median Income | $43,989 | $69,491 | $25,502 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Minneapolis-St. Paul-Bloomington
- Studio
- $731/mo
- 1 BR
- $917/mo
- 2 BR
- $1,091/mo
- 3 BR
- $1,436/mo
- 4 BR
- $1,675/mo
- Median Income
- $69,491/yr
Frequently Asked Questions
Is Akron or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Akron is cheaper — a 2-bedroom Fair Market Rent is $822/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $269/mo or $3,228/year more expensive in Minneapolis-St. Paul-Bloomington (33% higher).
What is the 2-bedroom rent in Akron vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Akron and Minneapolis-St. Paul-Bloomington?
The median household income in Akron is $43,989/year. In Minneapolis-St. Paul-Bloomington it is $69,491/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Akron vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Akron is $552/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.