FairRentWize

Cedar Rapids vs Milwaukee-Waukesha

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Cedar Rapids is 18% cheaper for renters. A 2-bedroom rents for $800/mo vs $941/mo in Milwaukee-Waukesha — saving $1,692/year.

Rent by Unit Size

Unit SizeCedar RapidsMilwaukee-WaukeshaDifference
Studio$530$640$110
1 Bedroom$637$760$123
2 Bedrooms$800$941$141
3 Bedrooms$966$1,181$215
4 Bedrooms$1,168$1,384$216
Median Income$45,870$63,161$17,291

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
Full Cedar Rapids profile →

Milwaukee-Waukesha

Studio
$640/mo
1 BR
$760/mo
2 BR
$941/mo
3 BR
$1,181/mo
4 BR
$1,384/mo
Median Income
$63,161/yr
Full Milwaukee-Waukesha profile →

Frequently Asked Questions

Is Cedar Rapids or Milwaukee-Waukesha cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $941/mo in Milwaukee-Waukesha. That's $141/mo or $1,692/year more expensive in Milwaukee-Waukesha (18% higher).
What is the 2-bedroom rent in Cedar Rapids vs Milwaukee-Waukesha?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Milwaukee-Waukesha, a 2-bedroom FMR is $941/month.
How do incomes compare between Cedar Rapids and Milwaukee-Waukesha?
The median household income in Cedar Rapids is $45,870/year. In Milwaukee-Waukesha it is $63,161/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Cedar Rapids vs Milwaukee-Waukesha?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Milwaukee-Waukesha it is $640/mo.