Minneapolis-St. Paul-Bloomington vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 37% cheaper for renters. A 2-bedroom rents for $794/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $3,564/year.
Rent by Unit Size
| Unit Size | Minneapolis-St. Paul-Bloomington | Racine | Difference |
|---|---|---|---|
| Studio | $731 | $508 | $223 |
| 1 Bedroom | $917 | $641 | $276 |
| 2 Bedrooms | $1,091 | $794 | $297 |
| 3 Bedrooms | $1,436 | $1,002 | $434 |
| 4 Bedrooms | $1,675 | $1,141 | $534 |
| Median Income | $69,491 | $42,267 | $27,224 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Minneapolis-St. Paul-Bloomington or Racine cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $297/mo or $3,564/year more expensive in Minneapolis-St. Paul-Bloomington (37% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Racine?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Racine it is $42,267/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Racine?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Racine it is $508/mo.