Merced vs Minneapolis-St. Paul-Bloomington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Merced is 3% cheaper for renters. A 2-bedroom rents for $1,055/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $432/year.
Rent by Unit Size
| Unit Size | Merced | Minneapolis-St. Paul-Bloomington | Difference |
|---|---|---|---|
| Studio | $696 | $731 | $35 |
| 1 Bedroom | $865 | $917 | $52 |
| 2 Bedrooms | $1,055 | $1,091 | $36 |
| 3 Bedrooms | $1,328 | $1,436 | $108 |
| 4 Bedrooms | $1,460 | $1,675 | $215 |
| Median Income | $60,958 | $69,491 | $8,533 |
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/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 Merced or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Merced is cheaper — a 2-bedroom Fair Market Rent is $1,055/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $36/mo or $432/year more expensive in Minneapolis-St. Paul-Bloomington (3% higher).
What is the 2-bedroom rent in Merced vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Merced and Minneapolis-St. Paul-Bloomington?
The median household income in Merced is $60,958/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 Merced vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Merced is $696/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.