FairRentWize

Chico vs Minneapolis-St. Paul-Bloomington

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Chico is 3% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $384/year.

Rent by Unit Size

Unit SizeChicoMinneapolis-St. Paul-BloomingtonDifference
Studio$698$731$33
1 Bedroom$859$917$58
2 Bedrooms$1,059$1,091$32
3 Bedrooms$1,354$1,436$82
4 Bedrooms$1,491$1,675$184
Median Income$66,884$69,491$2,607

Chico

Studio
$698/mo
1 BR
$859/mo
2 BR
$1,059/mo
3 BR
$1,354/mo
4 BR
$1,491/mo
Median Income
$66,884/yr
Full Chico profile →

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
Full Minneapolis-St. Paul-Bloomington profile →

Frequently Asked Questions

Is Chico or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $32/mo or $384/year more expensive in Minneapolis-St. Paul-Bloomington (3% higher).
What is the 2-bedroom rent in Chico vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Chico and Minneapolis-St. Paul-Bloomington?
The median household income in Chico is $66,884/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 Chico vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Chico is $698/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.