Minneapolis-St. Paul-Bloomington vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Minneapolis-St. Paul-Bloomington is 1% cheaper for renters. A 2-bedroom rents for $1,091/mo vs $1,097/mo in Raleigh-Cary — saving $72/year.
Rent by Unit Size
| Unit Size | Minneapolis-St. Paul-Bloomington | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $731 | $760 | $29 |
| 1 Bedroom | $917 | $928 | $11 |
| 2 Bedrooms | $1,091 | $1,097 | $6 |
| 3 Bedrooms | $1,436 | $1,435 | $1 |
| 4 Bedrooms | $1,675 | $1,556 | $119 |
| Median Income | $69,491 | $70,678 | $1,187 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Minneapolis-St. Paul-Bloomington or Raleigh-Cary cheaper to rent in?
Minneapolis-St. Paul-Bloomington is cheaper — a 2-bedroom Fair Market Rent is $1,091/mo vs $1,097/mo in Raleigh-Cary. That's $6/mo or $72/year more expensive in Raleigh-Cary (1% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Raleigh-Cary?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Raleigh-Cary?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Raleigh-Cary it is $760/mo.