FairRentWize

Lake Charles vs Minneapolis-St. Paul-Bloomington

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 48% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $4,272/year.

Rent by Unit Size

Unit SizeLake CharlesMinneapolis-St. Paul-BloomingtonDifference
Studio$490$731$241
1 Bedroom$592$917$325
2 Bedrooms$735$1,091$356
3 Bedrooms$930$1,436$506
4 Bedrooms$984$1,675$691
Median Income$45,479$69,491$24,012

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles 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 Lake Charles or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $356/mo or $4,272/year more expensive in Minneapolis-St. Paul-Bloomington (48% higher).
What is the 2-bedroom rent in Lake Charles vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Lake Charles is $735/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Lake Charles and Minneapolis-St. Paul-Bloomington?
The median household income in Lake Charles is $45,479/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 Lake Charles vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Lake Charles is $490/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.