Minneapolis-St. Paul-Bloomington vs Prescott Valley-Prescott
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Prescott Valley-Prescott is 4% cheaper for renters. A 2-bedroom rents for $1,054/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $444/year.
Rent by Unit Size
| Unit Size | Minneapolis-St. Paul-Bloomington | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Studio | $731 | $648 | $83 |
| 1 Bedroom | $917 | $826 | $91 |
| 2 Bedrooms | $1,091 | $1,054 | $37 |
| 3 Bedrooms | $1,436 | $1,277 | $159 |
| 4 Bedrooms | $1,675 | $1,437 | $238 |
| Median Income | $69,491 | $60,079 | $9,412 |
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
Prescott Valley-Prescott
- Studio
- $648/mo
- 1 BR
- $826/mo
- 2 BR
- $1,054/mo
- 3 BR
- $1,277/mo
- 4 BR
- $1,437/mo
- Median Income
- $60,079/yr
Frequently Asked Questions
Is Minneapolis-St. Paul-Bloomington or Prescott Valley-Prescott cheaper to rent in?
Prescott Valley-Prescott is cheaper — a 2-bedroom Fair Market Rent is $1,054/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $37/mo or $444/year more expensive in Minneapolis-St. Paul-Bloomington (4% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Prescott Valley-Prescott?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Prescott Valley-Prescott it is $60,079/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Prescott Valley-Prescott it is $648/mo.