Cedar Rapids vs Fort Wayne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fort Wayne is 3% cheaper for renters. A 2-bedroom rents for $777/mo vs $800/mo in Cedar Rapids — saving $276/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Fort Wayne | Difference |
|---|---|---|---|
| Studio | $530 | $499 | $31 |
| 1 Bedroom | $637 | $639 | $2 |
| 2 Bedrooms | $800 | $777 | $23 |
| 3 Bedrooms | $966 | $969 | $3 |
| 4 Bedrooms | $1,168 | $1,175 | $7 |
| Median Income | $45,870 | $47,806 | $1,936 |
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
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/yr
Frequently Asked Questions
Is Cedar Rapids or Fort Wayne cheaper to rent in?
Fort Wayne is cheaper — a 2-bedroom Fair Market Rent is $777/mo vs $800/mo in Cedar Rapids. That's $23/mo or $276/year more expensive in Cedar Rapids (3% higher).
What is the 2-bedroom rent in Cedar Rapids vs Fort Wayne?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Fort Wayne, a 2-bedroom FMR is $777/month.
How do incomes compare between Cedar Rapids and Fort Wayne?
The median household income in Cedar Rapids is $45,870/year. In Fort Wayne it is $47,806/year. Fort Wayne has the higher median income.
What is the studio rent in Cedar Rapids vs Fort Wayne?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Fort Wayne it is $499/mo.