Minneapolis-St. Paul-Bloomington vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Sioux Falls is 30% cheaper for renters. A 2-bedroom rents for $837/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $3,048/year.
Rent by Unit Size
| Unit Size | Minneapolis-St. Paul-Bloomington | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $731 | $544 | $187 |
| 1 Bedroom | $917 | $672 | $245 |
| 2 Bedrooms | $1,091 | $837 | $254 |
| 3 Bedrooms | $1,436 | $1,012 | $424 |
| 4 Bedrooms | $1,675 | $1,129 | $546 |
| Median Income | $69,491 | $55,443 | $14,048 |
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
Sioux Falls
- Studio
- $544/mo
- 1 BR
- $672/mo
- 2 BR
- $837/mo
- 3 BR
- $1,012/mo
- 4 BR
- $1,129/mo
- Median Income
- $55,443/yr
Frequently Asked Questions
Is Minneapolis-St. Paul-Bloomington or Sioux Falls cheaper to rent in?
Sioux Falls is cheaper — a 2-bedroom Fair Market Rent is $837/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $254/mo or $3,048/year more expensive in Minneapolis-St. Paul-Bloomington (30% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Sioux Falls?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Sioux Falls it is $55,443/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Sioux Falls?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Sioux Falls it is $544/mo.