Minneapolis-St. Paul-Bloomington vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 42% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $3,864/year.
Rent by Unit Size
| Unit Size | Minneapolis-St. Paul-Bloomington | Toledo | Difference |
|---|---|---|---|
| Studio | $731 | $521 | $210 |
| 1 Bedroom | $917 | $622 | $295 |
| 2 Bedrooms | $1,091 | $769 | $322 |
| 3 Bedrooms | $1,436 | $990 | $446 |
| 4 Bedrooms | $1,675 | $1,150 | $525 |
| Median Income | $69,491 | $44,170 | $25,321 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Minneapolis-St. Paul-Bloomington or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $322/mo or $3,864/year more expensive in Minneapolis-St. Paul-Bloomington (42% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Toledo?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Toledo it is $44,170/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Toledo?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Toledo it is $521/mo.