Concord vs Minneapolis-St. Paul-Bloomington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Concord is 0% cheaper for renters. A 2-bedroom rents for $1,088/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $36/year.
Rent by Unit Size
| Unit Size | Concord | Minneapolis-St. Paul-Bloomington | Difference |
|---|---|---|---|
| Studio | $755 | $731 | $24 |
| 1 Bedroom | $912 | $917 | $5 |
| 2 Bedrooms | $1,088 | $1,091 | $3 |
| 3 Bedrooms | $1,418 | $1,436 | $18 |
| 4 Bedrooms | $1,586 | $1,675 | $89 |
| Median Income | $53,649 | $69,491 | $15,842 |
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/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 Concord or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Concord is cheaper — a 2-bedroom Fair Market Rent is $1,088/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $3/mo or $36/year more expensive in Minneapolis-St. Paul-Bloomington (0% higher).
What is the 2-bedroom rent in Concord vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Concord and Minneapolis-St. Paul-Bloomington?
The median household income in Concord is $53,649/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 Concord vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Concord is $755/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.