Cedar Rapids vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 30% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,038/mo in Madison — saving $2,856/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Madison | Difference |
|---|---|---|---|
| Studio | $530 | $676 | $146 |
| 1 Bedroom | $637 | $827 | $190 |
| 2 Bedrooms | $800 | $1,038 | $238 |
| 3 Bedrooms | $966 | $1,222 | $256 |
| 4 Bedrooms | $1,168 | $1,400 | $232 |
| Median Income | $45,870 | $64,691 | $18,821 |
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
Madison
- Studio
- $676/mo
- 1 BR
- $827/mo
- 2 BR
- $1,038/mo
- 3 BR
- $1,222/mo
- 4 BR
- $1,400/mo
- Median Income
- $64,691/yr
Frequently Asked Questions
Is Cedar Rapids or Madison cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,038/mo in Madison. That's $238/mo or $2,856/year more expensive in Madison (30% higher).
What is the 2-bedroom rent in Cedar Rapids vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Cedar Rapids and Madison?
The median household income in Cedar Rapids is $45,870/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Cedar Rapids vs Madison?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Madison it is $676/mo.