Minneapolis-St. Paul-Bloomington vs Tampa-St. Petersburg-Clearwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Minneapolis-St. Paul-Bloomington is 12% cheaper for renters. A 2-bedroom rents for $1,091/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater — saving $1,524/year.
Rent by Unit Size
| Unit Size | Minneapolis-St. Paul-Bloomington | Tampa-St. Petersburg-Clearwater | Difference |
|---|---|---|---|
| Studio | $731 | $817 | $86 |
| 1 Bedroom | $917 | $967 | $50 |
| 2 Bedrooms | $1,091 | $1,218 | $127 |
| 3 Bedrooms | $1,436 | $1,527 | $91 |
| 4 Bedrooms | $1,675 | $1,752 | $77 |
| Median Income | $69,491 | $69,520 | $29 |
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
Tampa-St. Petersburg-Clearwater
- Studio
- $817/mo
- 1 BR
- $967/mo
- 2 BR
- $1,218/mo
- 3 BR
- $1,527/mo
- 4 BR
- $1,752/mo
- Median Income
- $69,520/yr
Frequently Asked Questions
Is Minneapolis-St. Paul-Bloomington or Tampa-St. Petersburg-Clearwater cheaper to rent in?
Minneapolis-St. Paul-Bloomington is cheaper — a 2-bedroom Fair Market Rent is $1,091/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater. That's $127/mo or $1,524/year more expensive in Tampa-St. Petersburg-Clearwater (12% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Tampa-St. Petersburg-Clearwater?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Tampa-St. Petersburg-Clearwater, a 2-bedroom FMR is $1,218/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Tampa-St. Petersburg-Clearwater?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Tampa-St. Petersburg-Clearwater it is $69,520/year. Tampa-St. Petersburg-Clearwater has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Tampa-St. Petersburg-Clearwater?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Tampa-St. Petersburg-Clearwater it is $817/mo.