FairRentWize

Minneapolis-St. Paul-Bloomington vs Phoenix-Mesa-Chandler

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Minneapolis-St. Paul-Bloomington is 6% cheaper for renters. A 2-bedroom rents for $1,091/mo vs $1,158/mo in Phoenix-Mesa-Chandler — saving $804/year.

Rent by Unit Size

Unit SizeMinneapolis-St. Paul-BloomingtonPhoenix-Mesa-ChandlerDifference
Studio$731$752$21
1 Bedroom$917$943$26
2 Bedrooms$1,091$1,158$67
3 Bedrooms$1,436$1,495$59
4 Bedrooms$1,675$1,715$40
Median Income$69,491$62,754$6,737

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 →

Phoenix-Mesa-Chandler

Studio
$752/mo
1 BR
$943/mo
2 BR
$1,158/mo
3 BR
$1,495/mo
4 BR
$1,715/mo
Median Income
$62,754/yr
Full Phoenix-Mesa-Chandler profile →

Frequently Asked Questions

Is Minneapolis-St. Paul-Bloomington or Phoenix-Mesa-Chandler cheaper to rent in?
Minneapolis-St. Paul-Bloomington is cheaper — a 2-bedroom Fair Market Rent is $1,091/mo vs $1,158/mo in Phoenix-Mesa-Chandler. That's $67/mo or $804/year more expensive in Phoenix-Mesa-Chandler (6% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Phoenix-Mesa-Chandler?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Phoenix-Mesa-Chandler, a 2-bedroom FMR is $1,158/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Phoenix-Mesa-Chandler?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Phoenix-Mesa-Chandler it is $62,754/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Phoenix-Mesa-Chandler?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Phoenix-Mesa-Chandler it is $752/mo.