Metro FMR · CBSA 33460 · HUD FY2026

Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area Fair Market Rent

HUD's FY2026 Fair Market Rent for the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area metro area - 47% above the US average.

$1,405
1-bedroom FMR
$1,709
2-bedroom FMR
+1.7%
YoY change
+47%
vs US avg

The verdict

A 2-bedroom in the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area area rents at $1,709 under HUD's FY2026 Fair Market Rent - 45% above the US average, higher than 79% of the 387 metro areas HUD tracks.

#81
priciest of 387 US metros (2BR)
+45%
vs the US 2-bedroom average
$68,360
income to afford it (30% rule)
+1.7%
1BR change, FY2025→2026

Affordability & income context

Minneapolis-St. Paul-Bloomington: #81 priciest nationally · income context

At the metro's ACS median household income of $98,180, this 1-bedroom FMR takes 17.2% of annual income. It is well below the 30% affordability guide for a median-income household.

The 2-bedroom figure places Minneapolis-St. Paul-Bloomington in the upper-rent quarter of HUD metro areas, using the same FY2026 HUD schedule as the national comparison.

With 3,678,328 residents, this is a large metro benchmark rather than a single-neighborhood rent quote.

Its 2-bedroom FMR sits in the upper-rent quarter of HUD metro areas, so the local-income comparison is more informative than the national rank alone.

The studio-through-two-bedroom FMR bands stay below 30% of recorded median income here; the larger-bedroom rows show where that headroom narrows.

Observed renter burden: 45.9% of the 423,950 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from the FY2026 HUD FMR benchmark.

ACS median household income lags the FY2026 HUD FMR schedule. The income share is a same-metro cross-source read (Census ACS B19013 vs HUD FMR), not a same-vintage ratio.

Studio

$1,242/mo

15.2% of median income

1 Bedroom

$1,405/mo

17.2% of median income

2 Bedroom

$1,709/mo

20.9% of median income

3 Bedroom

$2,262/mo

27.6% of median income

4 Bedroom

$2,531/mo

30.9% of median income

FMR filing desk

CBSA CBSA·33460

Minneapolis-St. Paul-Bloomington: $1,405/mo 1BR · #81 of 387 metros (2BR) · FY2026 CBSA 33460

  • CBSA 33460
  • 1BR-FMR $1,405
  • 2BR-FMR $1,709
  • RANK-MID #81
  • YOY-FLAT +1.7%
  • VSUS-HIGH +47%
  • IN-ST-HIGH #6 MN
  • INC-ROOM 17%
  • POP-MEGA 3.7M
  • PHOTO-NEAR Duluth
  • VOUCH-90-110 $1,265–$1,546
  • FY-2026 FY2026

Photo-finish peer: Duluth ($427 1BR gap)

Read with: Understanding rent burden

Where Minneapolis-St. Paul-Bloomington sits among every US metro

2-bedroom Fair Market Rent vs. all 387 HUD metro areas

$1,709 Top 21% higher than 79% of 387 metro areas

$800–$1,000: 28 metro areas (7%). Below this entry. $1,000–$1,200: 114 metro areas (29%). Below this entry. $1,200–$1,400: 95 metro areas (25%). Below this entry. $1,400–$1,600: 52 metro areas (13%). Below this entry. $1,600–$1,800: 41 metro areas (11%). This entry sits in this band. $1,800–$2,000: 26 metro areas (7%). Above this entry. $2,000–$2,200: 9 metro areas (2%). Above this entry. $2,200–$2,400: 5 metro areas (1%). Above this entry. $2,400–$2,600: 5 metro areas (1%). Above this entry. $2,600–$2,800: 5 metro areas (1%). Above this entry. $2,800–$3,000: 4 metro areas (1%). Above this entry. $3,000–$3,200: 2 metro areas (1%). Above this entry. $3,200–$3,400: 0 metro areas (0%). Above this entry. $3,400–$3,600: 0 metro areas (0%). Above this entry. $3,600–$3,800: 0 metro areas (0%). Above this entry. $3,800–$4,000: 0 metro areas (0%). Above this entry. $4,000–$4,200: 0 metro areas (0%). Above this entry. $4,200–$4,400: 1 metro areas (0%). Above this entry. This metro $800 $4,400 every US metro, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more metro areas. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

CBSA 33460

Counties inside Minneapolis-St. Paul-Bloomington

Across 12 HUD counties in CBSA 33460, 2-bedroom FMRs cluster tightly ($1,709–$1,709, 0% spread), so the metro-wide schedule tracks most constituent counties closely.

Hennepin County 2BR $1,709 · 1.3M Ramsey County 2BR $1,709 · 547K Dakota County 2BR $1,709 · 439K Anoka County 2BR $1,709 · 364K Washington County 2BR $1,709 · 269K Scott County 2BR $1,709 · 151K

Showing the 6 largest of 12 HUD counties in this CBSA. County pages carry filing-level FMR detail.

Minneapolis-St. Paul-Bloomington studio–4BR schedule (FY2026) · 2BR #81 nationally

1BR $1,405 (+47% vs US, +1.7% YoY). Each bedroom band below is FY2026 HUD FMR for CBSA 33460.

Studio
$1,242
US avg $893
↑1.8% YoY +39% vs US
1 Bedroom
$1,405
US avg $959
↑1.7% YoY +47% vs US
2 Bedroom
$1,709
US avg $1,175
↑1.4% YoY +45% vs US
3 Bedroom
$2,262
US avg $1,525
↑0.8% YoY +48% vs US
4 Bedroom
$2,531
US avg $1,756
↑0.7% YoY +44% vs US

How Minneapolis-St. Paul-Bloomington compares on 1-bedroom rent

1-bedroom FMR vs other MN metro areas

1BR FMR / mo

What this shows Minneapolis-St. Paul-Bloomington highlighted among 5 peers · FY2026 1BR HUD FMR.

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Minneapolis-St. Paul-Bloomington: out-of-state FMR & burden peers

PlainRent pairs Minneapolis-St. Paul-Bloomington with the 4 nearest HUD 2BR schedules and 4 nearest burden matches outside MN (burden peers exclude the FMR set; pop ≥50k).

2BR FMR · outside MN

Nearest schedules by 2BR delta (FY2026).

Palm Bay-Melbourne-Titusville
FL · 2 BR $1,709/mo
Durham-Chapel Hill
NC · 2 BR $1,711/mo
Albany-Schenectady-Troy
NY · 2 BR $1,702/mo
Mount Vernon-Anacortes
WA · 2 BR $1,720/mo

Burden % · outside MN

Nearest 2BR FMR ÷ ACS median income (FY2026).

Binghamton
NY · 20.9% of income · 2 BR $1,103/mo
Champaign-Urbana
IL · 20.9% of income · 2 BR $1,122/mo
Gadsden
AL · 21% of income · 2 BR $927/mo
Baton Rouge
LA · 21% of income · 2 BR $1,204/mo

Minneapolis-St. Paul-Bloomington: quick answers

What is the average rent in the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area metro area? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area is $1,405 per month. A 2-bedroom is $1,709 and a studio is $1,242.
How does Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area rent compare to the national average? ▼
Rent in the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area metro area is 47% above the national average. A 1-bedroom costs $1,405 compared to $959 nationally.
Where does Minneapolis-St. Paul-Bloomington rank nationally for Fair Market Rent? ▼
HUD's FY 2026 2-bedroom FMR of $1,709 ranks #81 most expensive among 387 US metro areas (the upper-rent quarter of HUD metro areas).
Do county rents differ inside the Minneapolis-St. Paul-Bloomington metro area? ▼
Yes. HUD assigns one metro-wide FMR for CBSA 33460, but 12 constituent counties publish their own county FMR schedules spanning $1,709–$1,709 for a 2-bedroom (0% spread). Use county pages for filing at the county level.

Compare Minneapolis-St. Paul-Bloomington vs Duluth →

Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).

Read our methodology - how this data is sourced, computed, and verified.

FY 2026 HUD FMR $1,405/mo · 1BR MN

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.