FairRentWize

Minneapolis-St. Paul-Bloomington vs Olympia-Lacey-Tumwater

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Minneapolis-St. Paul-Bloomington is 8% cheaper for renters. A 2-bedroom rents for $1,091/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $1,044/year.

Rent by Unit Size

Unit SizeMinneapolis-St. Paul-BloomingtonOlympia-Lacey-TumwaterDifference
Studio$731$769$38
1 Bedroom$917$945$28
2 Bedrooms$1,091$1,178$87
3 Bedrooms$1,436$1,376$60
4 Bedrooms$1,675$1,633$42
Median Income$69,491$67,966$1,525

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 →

Olympia-Lacey-Tumwater

Studio
$769/mo
1 BR
$945/mo
2 BR
$1,178/mo
3 BR
$1,376/mo
4 BR
$1,633/mo
Median Income
$67,966/yr
Full Olympia-Lacey-Tumwater profile →

Frequently Asked Questions

Is Minneapolis-St. Paul-Bloomington or Olympia-Lacey-Tumwater cheaper to rent in?
Minneapolis-St. Paul-Bloomington is cheaper — a 2-bedroom Fair Market Rent is $1,091/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $87/mo or $1,044/year more expensive in Olympia-Lacey-Tumwater (8% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Olympia-Lacey-Tumwater?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Olympia-Lacey-Tumwater, a 2-bedroom FMR is $1,178/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Olympia-Lacey-Tumwater?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Olympia-Lacey-Tumwater it is $67,966/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Olympia-Lacey-Tumwater?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Olympia-Lacey-Tumwater it is $769/mo.