Ramsey County, MN at a glance
Median household income
$81,568$6,797 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Ramsey County, MN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Ramsey County, MN? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,242 | $14,904 | $49,680 | 18.3% |
| 1-Bedroom Apartment | $1,405 | $16,860 | $56,200 | 20.7% |
| 2-Bedroom ApartmentBenchmark | $1,709 | $20,508 | $68,360 | 25.1% |
| 3-Bedroom Home | $2,262 | $27,144 | $90,480 | 33.3% |
| 4-Bedroom Home | $2,531 | $30,372 | $101,240 | 37.2% |
What a typical income covers in Ramsey County, MN
The 50/30/20 rule applied to the local median of $81,568 a year ($6,797 a month before tax).
What $81,568 leaves after Minnesota taxes
Federal income tax, Social Security, Medicare and Minnesota tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Minnesota
Living in Ramsey County, MN: common questions
What is the median household income in Ramsey County, MN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Ramsey County, MN is $81,568 per year (approximately $6,797 per month).
What is the average rent in Ramsey County, MN?
The closest official figure is HUD's Fair Market Rent for 2026: $1,242 for a studio, $1,405 for one bedroom, $1,709 for two, $2,262 for three and $2,531 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Ramsey County, MN expensive to live in?
Prices there run 4.8% above the U.S. average. BEA's regional price parity for the metro area is 104.8, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Ramsey County, MN?
To keep a $1,709 two-bedroom under 30% of gross income, a household needs about $68,360 a year, or $5,697 a month. That is 84% of what the typical household in Ramsey County, MN earns.
How much do you need to live comfortably in Ramsey County, MN?
On the local median income of $81,568 ($6,797 a month before tax), the 50/30/20 rule leaves $3,399 a month for needs like rent, utilities and groceries, $2,039 for everything else and $1,359 for savings or debt. A two-bedroom at $1,709 takes 50% of the needs share.
How much is the electric bill in Ramsey County, MN?
Homes in Minnesota paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.