Minneapolis-St. Paul-Bloomington vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 44% cheaper for renters. A 2-bedroom rents for $756/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $4,020/year.
Rent by Unit Size
| Unit Size | Minneapolis-St. Paul-Bloomington | Springfield | Difference |
|---|---|---|---|
| Studio | $731 | $519 | $212 |
| 1 Bedroom | $917 | $612 | $305 |
| 2 Bedrooms | $1,091 | $756 | $335 |
| 3 Bedrooms | $1,436 | $923 | $513 |
| 4 Bedrooms | $1,675 | $1,067 | $608 |
| Median Income | $69,491 | $44,958 | $24,533 |
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
- $519/mo
- 1 BR
- $612/mo
- 2 BR
- $756/mo
- 3 BR
- $923/mo
- 4 BR
- $1,067/mo
- Median Income
- $44,958/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 $756/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $335/mo or $4,020/year more expensive in Minneapolis-St. Paul-Bloomington (44% 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 $756/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 $44,958/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 $519/mo.