Cedar Rapids vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 8% cheaper for renters. A 2-bedroom rents for $741/mo vs $800/mo in Cedar Rapids — saving $708/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Lafayette | Difference |
|---|---|---|---|
| Studio | $530 | $502 | $28 |
| 1 Bedroom | $637 | $626 | $11 |
| 2 Bedrooms | $800 | $741 | $59 |
| 3 Bedrooms | $966 | $958 | $8 |
| 4 Bedrooms | $1,168 | $1,134 | $34 |
| Median Income | $45,870 | $38,989 | $6,881 |
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
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/yr
Frequently Asked Questions
Is Cedar Rapids or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $800/mo in Cedar Rapids. That's $59/mo or $708/year more expensive in Cedar Rapids (8% higher).
What is the 2-bedroom rent in Cedar Rapids vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Cedar Rapids and Lafayette?
The median household income in Cedar Rapids is $45,870/year. In Lafayette it is $38,989/year. Cedar Rapids has the higher median income.
What is the studio rent in Cedar Rapids vs Lafayette?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Lafayette it is $502/mo.