Cedar Rapids vs Great Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 1% cheaper for renters. A 2-bedroom rents for $791/mo vs $800/mo in Cedar Rapids — saving $108/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Great Falls | Difference |
|---|---|---|---|
| Studio | $530 | $519 | $11 |
| 1 Bedroom | $637 | $625 | $12 |
| 2 Bedrooms | $800 | $791 | $9 |
| 3 Bedrooms | $966 | $997 | $31 |
| 4 Bedrooms | $1,168 | $1,047 | $121 |
| Median Income | $45,870 | $41,522 | $4,348 |
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
Great Falls
- Studio
- $519/mo
- 1 BR
- $625/mo
- 2 BR
- $791/mo
- 3 BR
- $997/mo
- 4 BR
- $1,047/mo
- Median Income
- $41,522/yr
Frequently Asked Questions
Is Cedar Rapids or Great Falls cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $800/mo in Cedar Rapids. That's $9/mo or $108/year more expensive in Cedar Rapids (1% higher).
What is the 2-bedroom rent in Cedar Rapids vs Great Falls?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Great Falls, a 2-bedroom FMR is $791/month.
How do incomes compare between Cedar Rapids and Great Falls?
The median household income in Cedar Rapids is $45,870/year. In Great Falls it is $41,522/year. Cedar Rapids has the higher median income.
What is the studio rent in Cedar Rapids vs Great Falls?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Great Falls it is $519/mo.