Cape Coral-Fort Myers vs Cedar Rapids
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 46% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $4,452/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Cedar Rapids | Difference |
|---|---|---|---|
| Studio | $802 | $530 | $272 |
| 1 Bedroom | $985 | $637 | $348 |
| 2 Bedrooms | $1,171 | $800 | $371 |
| 3 Bedrooms | $1,479 | $966 | $513 |
| 4 Bedrooms | $1,690 | $1,168 | $522 |
| Median Income | $72,521 | $45,870 | $26,651 |
Cape Coral-Fort Myers
- Studio
- $802/mo
- 1 BR
- $985/mo
- 2 BR
- $1,171/mo
- 3 BR
- $1,479/mo
- 4 BR
- $1,690/mo
- Median Income
- $72,521/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 Cape Coral-Fort Myers or Cedar Rapids cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $371/mo or $4,452/year more expensive in Cape Coral-Fort Myers (46% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Cedar Rapids?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Cedar Rapids, a 2-bedroom FMR is $800/month.
How do incomes compare between Cape Coral-Fort Myers and Cedar Rapids?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Cedar Rapids it is $45,870/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Cedar Rapids?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Cedar Rapids it is $530/mo.