Cedar Rapids vs Chico
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 32% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,059/mo in Chico — saving $3,108/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Chico | Difference |
|---|---|---|---|
| Studio | $530 | $698 | $168 |
| 1 Bedroom | $637 | $859 | $222 |
| 2 Bedrooms | $800 | $1,059 | $259 |
| 3 Bedrooms | $966 | $1,354 | $388 |
| 4 Bedrooms | $1,168 | $1,491 | $323 |
| Median Income | $45,870 | $66,884 | $21,014 |
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
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/yr
Frequently Asked Questions
Is Cedar Rapids or Chico cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,059/mo in Chico. That's $259/mo or $3,108/year more expensive in Chico (32% higher).
What is the 2-bedroom rent in Cedar Rapids vs Chico?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Chico, a 2-bedroom FMR is $1,059/month.
How do incomes compare between Cedar Rapids and Chico?
The median household income in Cedar Rapids is $45,870/year. In Chico it is $66,884/year. Chico has the higher median income.
What is the studio rent in Cedar Rapids vs Chico?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Chico it is $698/mo.