FairRentWize

Minneapolis-St. Paul-Bloomington vs Reno

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Minneapolis-St. Paul-Bloomington is 11% cheaper for renters. A 2-bedroom rents for $1,091/mo vs $1,208/mo in Reno — saving $1,404/year.

Rent by Unit Size

Unit SizeMinneapolis-St. Paul-BloomingtonRenoDifference
Studio$731$773$42
1 Bedroom$917$946$29
2 Bedrooms$1,091$1,208$117
3 Bedrooms$1,436$1,422$14
4 Bedrooms$1,675$1,636$39
Median Income$69,491$59,858$9,633

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 →

Reno

Studio
$773/mo
1 BR
$946/mo
2 BR
$1,208/mo
3 BR
$1,422/mo
4 BR
$1,636/mo
Median Income
$59,858/yr
Full Reno profile →

Frequently Asked Questions

Is Minneapolis-St. Paul-Bloomington or Reno cheaper to rent in?
Minneapolis-St. Paul-Bloomington is cheaper — a 2-bedroom Fair Market Rent is $1,091/mo vs $1,208/mo in Reno. That's $117/mo or $1,404/year more expensive in Reno (11% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Reno?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Reno it is $59,858/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Reno?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Reno it is $773/mo.