FairRentWize

Madison vs Minneapolis-St. Paul-Bloomington

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Madison is 5% cheaper for renters. A 2-bedroom rents for $1,038/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $636/year.

Rent by Unit Size

Unit SizeMadisonMinneapolis-St. Paul-BloomingtonDifference
Studio$676$731$55
1 Bedroom$827$917$90
2 Bedrooms$1,038$1,091$53
3 Bedrooms$1,222$1,436$214
4 Bedrooms$1,400$1,675$275
Median Income$64,691$69,491$4,800

Madison

Studio
$676/mo
1 BR
$827/mo
2 BR
$1,038/mo
3 BR
$1,222/mo
4 BR
$1,400/mo
Median Income
$64,691/yr
Full Madison 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 Madison or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Madison is cheaper — a 2-bedroom Fair Market Rent is $1,038/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $53/mo or $636/year more expensive in Minneapolis-St. Paul-Bloomington (5% higher).
What is the 2-bedroom rent in Madison vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Madison and Minneapolis-St. Paul-Bloomington?
The median household income in Madison is $64,691/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 Madison vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Madison is $676/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.