FairRentWize

Boulder vs Cedar Rapids

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Cedar Rapids is 74% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,393/mo in Boulder — saving $7,116/year.

Rent by Unit Size

Unit SizeBoulderCedar RapidsDifference
Studio$912$530$382
1 Bedroom$1,165$637$528
2 Bedrooms$1,393$800$593
3 Bedrooms$1,797$966$831
4 Bedrooms$2,079$1,168$911
Median Income$78,256$45,870$32,386

Boulder

Studio
$912/mo
1 BR
$1,165/mo
2 BR
$1,393/mo
3 BR
$1,797/mo
4 BR
$2,079/mo
Median Income
$78,256/yr
Full Boulder profile →

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
Full Cedar Rapids profile →

Frequently Asked Questions

Is Boulder or Cedar Rapids cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,393/mo in Boulder. That's $593/mo or $7,116/year more expensive in Boulder (74% higher).
What is the 2-bedroom rent in Boulder vs Cedar Rapids?
The HUD Fair Market Rent for a 2-bedroom in Boulder is $1,393/month. In Cedar Rapids, a 2-bedroom FMR is $800/month.
How do incomes compare between Boulder and Cedar Rapids?
The median household income in Boulder is $78,256/year. In Cedar Rapids it is $45,870/year. Boulder has the higher median income.
What is the studio rent in Boulder vs Cedar Rapids?
A studio apartment Fair Market Rent in Boulder is $912/mo. In Cedar Rapids it is $530/mo.