Cheapest Cities to Rent in Minnesota (2026)
The cheapest rent in Minnesota is in Minneapolis, MN, where a 2-bedroom averages $1,709/mo and a 1-bedroom $1,405/mo (2026 HUD Fair Market Rent) — $0/mo below the Minnesota average 2BR of $1,709. The table below ranks all 1 of the cheapest cities to rent in Minnesota.
Top 1 Cheapest Cities in Minnesota
Ranked by 2-bedroom rent price (lowest first)
| Rank | City | Studio | 1 Bed | 2 Bed | 3 Bed | Income Needed |
|---|---|---|---|---|---|---|
#1 | Minneapolis, MN | $1,242 | $1,405 | $1,709 | $2,262 | $68,360/yr |
Why These Minnesota Cities Are Affordable
Minnesota offers excellent affordability for a major metro state. The Twin Cities provide big-city amenities at moderate prices, while smaller cities offer exceptional value.
- Below-average housing costs: These cities have housing indices lower than the state average of 98
- Lower demand: Smaller populations and less competitive markets keep prices reasonable
- Diverse housing stock: Mix of older and newer buildings provides options at various price points
- Regional economies: Local job markets support working populations without coastal-city premiums
Income Requirements
Using the standard 30% of income guideline, here's what you need to earn to afford rent in Minnesota's cheapest cities:
How Minnesota's Cheapest Cities Compare
What to Consider Before Moving
Best For
- ✓Corporate professionals
- ✓Healthcare workers
- ✓Outdoor enthusiasts
- ✓Those seeking cultural amenities
Considerations
- •Very cold winters
- •High state income tax
- •Mosquitoes in summer
Cheapest Rent in Minnesota: FAQ
Where is the cheapest rent in Minnesota?
The cheapest rent in Minnesota is in Minneapolis, MN, where a 2-bedroom averages $1,709/month and a 1-bedroom $1,405/month in 2026 (HUD Fair Market Rent).
How much can I save renting in Minnesota's cheapest cities?
By choosing Minnesota's cheapest city over the state average 2BR of $1,709, you could save $0/month or $0/year on rent.
Is rent in Minnesota's cheapest city below the US average?
No. A 2-bedroom in Minneapolis costs $1,709/month, which is $136/month above the US median 2BR Fair Market Rent of $1,573 (HUD, 2026).
What income do I need to rent in Minnesota's cheapest cities?
To afford the cheapest 2BR in Minnesota at $1,709/month, you need approximately $68,360/year based on the 30% of income guideline.