Affordable
40th Percentile
Metro Area
Fair Market Rent prices in Cedar Rapids are
very low
compared to the national average.
This FMR area is less expensive
than
100%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Cedar Rapids is $920 per month.
The previous year, rent for a two-bedroom home was $814 per month.
This is a 13.02% increase year-over-year.
This FMR rate applies to Prairieburg, IA, Troy Mills, IA, Alburnett, IA, Toddville, IA, Springville, IA, Robins, IA, Central City, IA, Hiawatha, IA, Marion, IA, Cedar Rapids, IA and other cities within the region.
The Metro Code or CBSA code for this region is METRO16300M16300.
Additionally, This Fair Market Rent (FMR) area Cedar Rapids, IA HUD Metro FMR Area spans one county or city in which is listed in the table below.
Estimated population of Cedar Rapids, IA HUD Metro FMR Area FMR area is 225,601 people based on latest Census data.