Cedar Rapids vs Louisville-Jefferson County
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 4% cheaper for renters. A 2-bedroom rents for $800/mo vs $835/mo in Louisville-Jefferson County — saving $420/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Louisville-Jefferson County | Difference |
|---|---|---|---|
| Studio | $530 | $555 | $25 |
| 1 Bedroom | $637 | $707 | $70 |
| 2 Bedrooms | $800 | $835 | $35 |
| 3 Bedrooms | $966 | $1,082 | $116 |
| 4 Bedrooms | $1,168 | $1,307 | $139 |
| Median Income | $45,870 | $52,763 | $6,893 |
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
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/yr
Frequently Asked Questions
Is Cedar Rapids or Louisville-Jefferson County cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $835/mo in Louisville-Jefferson County. That's $35/mo or $420/year more expensive in Louisville-Jefferson County (4% higher).
What is the 2-bedroom rent in Cedar Rapids vs Louisville-Jefferson County?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Louisville-Jefferson County, a 2-bedroom FMR is $835/month.
How do incomes compare between Cedar Rapids and Louisville-Jefferson County?
The median household income in Cedar Rapids is $45,870/year. In Louisville-Jefferson County it is $52,763/year. Louisville-Jefferson County has the higher median income.
What is the studio rent in Cedar Rapids vs Louisville-Jefferson County?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Louisville-Jefferson County it is $555/mo.