Lexington-Fayette vs Minneapolis-St. Paul-Bloomington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 19% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $2,136/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Minneapolis-St. Paul-Bloomington | Difference |
|---|---|---|---|
| Studio | $595 | $731 | $136 |
| 1 Bedroom | $719 | $917 | $198 |
| 2 Bedrooms | $913 | $1,091 | $178 |
| 3 Bedrooms | $1,047 | $1,436 | $389 |
| 4 Bedrooms | $1,300 | $1,675 | $375 |
| Median Income | $47,838 | $69,491 | $21,653 |
Lexington-Fayette
- Studio
- $595/mo
- 1 BR
- $719/mo
- 2 BR
- $913/mo
- 3 BR
- $1,047/mo
- 4 BR
- $1,300/mo
- Median Income
- $47,838/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 Lexington-Fayette or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $178/mo or $2,136/year more expensive in Minneapolis-St. Paul-Bloomington (19% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Lexington-Fayette and Minneapolis-St. Paul-Bloomington?
The median household income in Lexington-Fayette is $47,838/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 Lexington-Fayette vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.