Minneapolis-St. Paul-Bloomington vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 52% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $4,452/year.
Rent by Unit Size
| Unit Size | Minneapolis-St. Paul-Bloomington | Springfield | Difference |
|---|---|---|---|
| Studio | $731 | $490 | $241 |
| 1 Bedroom | $917 | $583 | $334 |
| 2 Bedrooms | $1,091 | $720 | $371 |
| 3 Bedrooms | $1,436 | $925 | $511 |
| 4 Bedrooms | $1,675 | $987 | $688 |
| Median Income | $69,491 | $37,539 | $31,952 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Minneapolis-St. Paul-Bloomington or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $371/mo or $4,452/year more expensive in Minneapolis-St. Paul-Bloomington (52% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Springfield?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Springfield it is $37,539/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Springfield?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Springfield it is $490/mo.