Cedar Rapids vs Colorado Springs
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 43% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,142/mo in Colorado Springs — saving $4,104/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Colorado Springs | Difference |
|---|---|---|---|
| Studio | $530 | $778 | $248 |
| 1 Bedroom | $637 | $959 | $322 |
| 2 Bedrooms | $800 | $1,142 | $342 |
| 3 Bedrooms | $966 | $1,510 | $544 |
| 4 Bedrooms | $1,168 | $1,677 | $509 |
| Median Income | $45,870 | $70,288 | $24,418 |
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
Colorado Springs
- Studio
- $778/mo
- 1 BR
- $959/mo
- 2 BR
- $1,142/mo
- 3 BR
- $1,510/mo
- 4 BR
- $1,677/mo
- Median Income
- $70,288/yr
Frequently Asked Questions
Is Cedar Rapids or Colorado Springs cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,142/mo in Colorado Springs. That's $342/mo or $4,104/year more expensive in Colorado Springs (43% higher).
What is the 2-bedroom rent in Cedar Rapids vs Colorado Springs?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Colorado Springs, a 2-bedroom FMR is $1,142/month.
How do incomes compare between Cedar Rapids and Colorado Springs?
The median household income in Cedar Rapids is $45,870/year. In Colorado Springs it is $70,288/year. Colorado Springs has the higher median income.
What is the studio rent in Cedar Rapids vs Colorado Springs?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Colorado Springs it is $778/mo.