FairRentWize

Minneapolis-St. Paul-Bloomington vs San Luis Obispo

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Minneapolis-St. Paul-Bloomington is 49% cheaper for renters. A 2-bedroom rents for $1,091/mo vs $1,623/mo in San Luis Obispo — saving $6,384/year.

Rent by Unit Size

Unit SizeMinneapolis-St. Paul-BloomingtonSan Luis ObispoDifference
Studio$731$1,065$334
1 Bedroom$917$1,360$443
2 Bedrooms$1,091$1,623$532
3 Bedrooms$1,436$2,039$603
4 Bedrooms$1,675$2,372$697
Median Income$69,491$94,761$25,270

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 →

San Luis Obispo

Studio
$1,065/mo
1 BR
$1,360/mo
2 BR
$1,623/mo
3 BR
$2,039/mo
4 BR
$2,372/mo
Median Income
$94,761/yr
Full San Luis Obispo profile →

Frequently Asked Questions

Is Minneapolis-St. Paul-Bloomington or San Luis Obispo cheaper to rent in?
Minneapolis-St. Paul-Bloomington is cheaper — a 2-bedroom Fair Market Rent is $1,091/mo vs $1,623/mo in San Luis Obispo. That's $532/mo or $6,384/year more expensive in San Luis Obispo (49% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and San Luis Obispo?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs San Luis Obispo?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In San Luis Obispo it is $1,065/mo.