Cedar Rapids vs Chicago-Naperville-Elgin
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 53% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $5,064/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Chicago-Naperville-Elgin | Difference |
|---|---|---|---|
| Studio | $530 | $849 | $319 |
| 1 Bedroom | $637 | $1,023 | $386 |
| 2 Bedrooms | $800 | $1,222 | $422 |
| 3 Bedrooms | $966 | $1,528 | $562 |
| 4 Bedrooms | $1,168 | $1,886 | $718 |
| Median Income | $45,870 | $79,852 | $33,982 |
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
Chicago-Naperville-Elgin
- Studio
- $849/mo
- 1 BR
- $1,023/mo
- 2 BR
- $1,222/mo
- 3 BR
- $1,528/mo
- 4 BR
- $1,886/mo
- Median Income
- $79,852/yr
Frequently Asked Questions
Is Cedar Rapids or Chicago-Naperville-Elgin cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $422/mo or $5,064/year more expensive in Chicago-Naperville-Elgin (53% higher).
What is the 2-bedroom rent in Cedar Rapids vs Chicago-Naperville-Elgin?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Chicago-Naperville-Elgin, a 2-bedroom FMR is $1,222/month.
How do incomes compare between Cedar Rapids and Chicago-Naperville-Elgin?
The median household income in Cedar Rapids is $45,870/year. In Chicago-Naperville-Elgin it is $79,852/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Cedar Rapids vs Chicago-Naperville-Elgin?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Chicago-Naperville-Elgin it is $849/mo.