Laredo vs Minneapolis-St. Paul-Bloomington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 56% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $4,716/year.
Rent by Unit Size
| Unit Size | Laredo | Minneapolis-St. Paul-Bloomington | Difference |
|---|---|---|---|
| Studio | $463 | $731 | $268 |
| 1 Bedroom | $552 | $917 | $365 |
| 2 Bedrooms | $698 | $1,091 | $393 |
| 3 Bedrooms | $851 | $1,436 | $585 |
| 4 Bedrooms | $966 | $1,675 | $709 |
| Median Income | $40,343 | $69,491 | $29,148 |
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/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 Laredo or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $393/mo or $4,716/year more expensive in Minneapolis-St. Paul-Bloomington (56% higher).
What is the 2-bedroom rent in Laredo vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Laredo and Minneapolis-St. Paul-Bloomington?
The median household income in Laredo is $40,343/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 Laredo vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.