FairRentWize

Casper vs Cedar Rapids

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Casper is 1% cheaper for renters. A 2-bedroom rents for $795/mo vs $800/mo in Cedar Rapids — saving $60/year.

Rent by Unit Size

Unit SizeCasperCedar RapidsDifference
Studio$561$530$31
1 Bedroom$666$637$29
2 Bedrooms$795$800$5
3 Bedrooms$1,009$966$43
4 Bedrooms$1,224$1,168$56
Median Income$43,997$45,870$1,873

Casper

Studio
$561/mo
1 BR
$666/mo
2 BR
$795/mo
3 BR
$1,009/mo
4 BR
$1,224/mo
Median Income
$43,997/yr
Full Casper 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 Casper or Cedar Rapids cheaper to rent in?
Casper is cheaper — a 2-bedroom Fair Market Rent is $795/mo vs $800/mo in Cedar Rapids. That's $5/mo or $60/year more expensive in Cedar Rapids (1% higher).
What is the 2-bedroom rent in Casper vs Cedar Rapids?
The HUD Fair Market Rent for a 2-bedroom in Casper is $795/month. In Cedar Rapids, a 2-bedroom FMR is $800/month.
How do incomes compare between Casper and Cedar Rapids?
The median household income in Casper is $43,997/year. In Cedar Rapids it is $45,870/year. Cedar Rapids has the higher median income.
What is the studio rent in Casper vs Cedar Rapids?
A studio apartment Fair Market Rent in Casper is $561/mo. In Cedar Rapids it is $530/mo.