FairRentWize

Minneapolis-St. Paul-Bloomington vs Virginia Beach-Norfolk-Newport News

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Virginia Beach-Norfolk-Newport News is 10% cheaper for renters. A 2-bedroom rents for $994/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $1,164/year.

Rent by Unit Size

Unit SizeMinneapolis-St. Paul-BloomingtonVirginia Beach-Norfolk-Newport NewsDifference
Studio$731$659$72
1 Bedroom$917$824$93
2 Bedrooms$1,091$994$97
3 Bedrooms$1,436$1,234$202
4 Bedrooms$1,675$1,448$227
Median Income$69,491$57,948$11,543

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
Full Minneapolis-St. Paul-Bloomington profile →

Virginia Beach-Norfolk-Newport News

Studio
$659/mo
1 BR
$824/mo
2 BR
$994/mo
3 BR
$1,234/mo
4 BR
$1,448/mo
Median Income
$57,948/yr
Full Virginia Beach-Norfolk-Newport News profile →

Frequently Asked Questions

Is Minneapolis-St. Paul-Bloomington or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $97/mo or $1,164/year more expensive in Minneapolis-St. Paul-Bloomington (10% higher).
What is the 2-bedroom rent in Minneapolis-St. Paul-Bloomington vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Minneapolis-St. Paul-Bloomington is $1,091/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Minneapolis-St. Paul-Bloomington and Virginia Beach-Norfolk-Newport News?
The median household income in Minneapolis-St. Paul-Bloomington is $69,491/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Minneapolis-St. Paul-Bloomington vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Minneapolis-St. Paul-Bloomington is $731/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.