Cedar Rapids vs Fargo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 14% cheaper for renters. A 2-bedroom rents for $800/mo vs $913/mo in Fargo — saving $1,356/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Fargo | Difference |
|---|---|---|---|
| Studio | $530 | $577 | $47 |
| 1 Bedroom | $637 | $717 | $80 |
| 2 Bedrooms | $800 | $913 | $113 |
| 3 Bedrooms | $966 | $1,145 | $179 |
| 4 Bedrooms | $1,168 | $1,249 | $81 |
| Median Income | $45,870 | $45,978 | $108 |
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
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/yr
Frequently Asked Questions
Is Cedar Rapids or Fargo cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $913/mo in Fargo. That's $113/mo or $1,356/year more expensive in Fargo (14% higher).
What is the 2-bedroom rent in Cedar Rapids vs Fargo?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Fargo, a 2-bedroom FMR is $913/month.
How do incomes compare between Cedar Rapids and Fargo?
The median household income in Cedar Rapids is $45,870/year. In Fargo it is $45,978/year. Fargo has the higher median income.
What is the studio rent in Cedar Rapids vs Fargo?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Fargo it is $577/mo.