Minneapolis-St. Paul-Bloomington vs Santa Fe
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Minneapolis-St. Paul-Bloomington is 4% cheaper for renters. A 2-bedroom rents for $1,091/mo vs $1,135/mo in Santa Fe — saving $528/year.
Rent by Unit Size
| Unit Size | Minneapolis-St. Paul-Bloomington | Santa Fe | Difference |
|---|---|---|---|
| Studio | $731 | $754 | $23 |
| 1 Bedroom | $917 | $923 | $6 |
| 2 Bedrooms | $1,091 | $1,135 | $44 |
| 3 Bedrooms | $1,436 | $1,361 | $75 |
| 4 Bedrooms | $1,675 | $1,696 | $21 |
| Median Income | $69,491 | $59,153 | $10,338 |
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
Santa Fe
- Studio
- $754/mo
- 1 BR
- $923/mo
- 2 BR
- $1,135/mo
- 3 BR
- $1,361/mo
- 4 BR
- $1,696/mo
- Median Income
- $59,153/yr
Frequently Asked Questions
Is Minneapolis-St. Paul-Bloomington or Santa Fe cheaper to rent in?
Minneapolis-St. Paul-Bloomington is cheaper — a 2-bedroom Fair Market Rent is $1,091/mo vs $1,135/mo in Santa Fe. That's $44/mo or $528/year more expensive in Santa Fe (4% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Santa Fe?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Santa Fe, a 2-bedroom FMR is $1,135/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Santa Fe?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Santa Fe it is $59,153/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Santa Fe?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Santa Fe it is $754/mo.