Albuquerque vs Minneapolis-St. Paul-Bloomington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 14% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $1,596/year.
Rent by Unit Size
| Unit Size | Albuquerque | Minneapolis-St. Paul-Bloomington | Difference |
|---|---|---|---|
| Studio | $647 | $731 | $84 |
| 1 Bedroom | $793 | $917 | $124 |
| 2 Bedrooms | $958 | $1,091 | $133 |
| 3 Bedrooms | $1,161 | $1,436 | $275 |
| 4 Bedrooms | $1,339 | $1,675 | $336 |
| Median Income | $49,585 | $69,491 | $19,906 |
Albuquerque
- Studio
- $647/mo
- 1 BR
- $793/mo
- 2 BR
- $958/mo
- 3 BR
- $1,161/mo
- 4 BR
- $1,339/mo
- Median Income
- $49,585/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 Albuquerque or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $133/mo or $1,596/year more expensive in Minneapolis-St. Paul-Bloomington (14% higher).
What is the 2-bedroom rent in Albuquerque vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Albuquerque and Minneapolis-St. Paul-Bloomington?
The median household income in Albuquerque is $49,585/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 Albuquerque vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.