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Cedar Rapids - Iowa - 4K Downtown Drive
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Living here
Average rent in Cedar Rapids
What renters actually pay, by number of bedrooms, and how Cedar Rapids compares with Iowa and the US.
Median rent
$925/mo
31% below US
1 bedroom
$716/mo
39% below US
2 bedrooms
$997/mo
25% below US
Renters paying 30%+ of income
45%
US 50%
Renter households
18,721
Rent by number of bedrooms
Studio$659a month44% below USIncome needed: $26,360/yr
1 bedroom$716a month39% below USIncome needed: $28,640/yr
2 bedrooms$997a month25% below USIncome needed: $39,880/yr
3 bedrooms$1,335a month11% below USIncome needed: $53,400/yr
4 bedrooms$1,515a month19% below USIncome needed: $60,600/yr
Median gross rent (contract rent plus utilities) for occupied rental units, by bedrooms. Income needed uses the 30% rule.
How Cedar Rapids compares
- Cedar Rapids$659
- Iowa$771
- United States$1,185
- Cedar Rapids$716
- Iowa$750
- United States$1,180
- Cedar Rapids$997
- Iowa$968
- United States$1,338
- Cedar Rapids$1,335
- Iowa$1,151
- United States$1,500
What rent can you afford?
$
At 30% of income you can spend about $997 a month.
- Studio $659
- 1 bedroom $716
- 2 bedrooms $997
- 3 bedrooms $1,335
- 4 bedrooms $1,515
Green means the median Cedar Rapids rent for that size fits your budget. Landlords often ask for income of 2.5–3× the monthly rent.
How stretched are renters?
45% of Cedar Rapids renters spend 30% or more of their income on rent, and 20% spend half or more. The typical renter household puts 27.9% of its income toward rent (US: 50% and 25%).
Rent by zip code
52411$1,275/momedian rent52405$1,043/momedian rent52402$992/momedian rent52404$885/momedian rent52403$857/momedian rent52401$783/momedian rent
Median gross rent for each ZIP Code Tabulation Area that overlaps Cedar Rapids.
HUD fair market rents
Studio$734
1 bedroom$806
2 bedrooms$1,054
3 bedrooms$1,459
4 bedrooms$1,762
HUD’s 2027 fair market rents for Cedar Rapids, IA HUD Metro FMR Area are the payment benchmarks for housing vouchers (about the 40th percentile of recent movers’ rents), so they often differ from the medians above.
More on living in Cedar Rapids
See Cedar Rapids
Questions
What is the average rent in Cedar Rapids?
The median gross rent (rent plus utilities) is $925 a month, 3% below the Iowa median and 31% below the national median.
How much is a one-bedroom apartment in Cedar Rapids?
The median one-bedroom rents for $716 a month (US: $1,180).
How much is a two-bedroom in Cedar Rapids?
The median two-bedroom rents for $997 a month (US: $1,338).
How much do you need to make to rent in Cedar Rapids?
Using the common 30% rule, a median two-bedroom ($997) takes a household income of about $39,880 a year, and a one-bedroom about $28,640.
Is rent affordable in Cedar Rapids?
About 45% of Cedar Rapids renters spend 30% or more of their income on rent, and 20% spend at least half (US: 50% and 25%).
Source: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates (tables B25031, B25070 and B25071). Estimates have margins of error; figures are in 2023 dollars.