Akron vs Cedar Rapids
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 3% cheaper for renters. A 2-bedroom rents for $800/mo vs $822/mo in Akron — saving $264/year.
Rent by Unit Size
| Unit Size | Akron | Cedar Rapids | Difference |
|---|---|---|---|
| Studio | $552 | $530 | $22 |
| 1 Bedroom | $662 | $637 | $25 |
| 2 Bedrooms | $822 | $800 | $22 |
| 3 Bedrooms | $1,025 | $966 | $59 |
| 4 Bedrooms | $1,215 | $1,168 | $47 |
| Median Income | $43,989 | $45,870 | $1,881 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Cedar Rapids
- Studio
- $530/mo
- 1 BR
- $637/mo
- 2 BR
- $800/mo
- 3 BR
- $966/mo
- 4 BR
- $1,168/mo
- Median Income
- $45,870/yr
Frequently Asked Questions
Is Akron or Cedar Rapids cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $822/mo in Akron. That's $22/mo or $264/year more expensive in Akron (3% higher).
What is the 2-bedroom rent in Akron vs Cedar Rapids?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Cedar Rapids, a 2-bedroom FMR is $800/month.
How do incomes compare between Akron and Cedar Rapids?
The median household income in Akron is $43,989/year. In Cedar Rapids it is $45,870/year. Cedar Rapids has the higher median income.
What is the studio rent in Akron vs Cedar Rapids?
A studio apartment Fair Market Rent in Akron is $552/mo. In Cedar Rapids it is $530/mo.