Cedar Rapids vs Minneapolis-St. Paul-Bloomington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 36% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington — saving $3,492/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Minneapolis-St. Paul-Bloomington | Difference |
|---|---|---|---|
| Studio | $530 | $731 | $201 |
| 1 Bedroom | $637 | $917 | $280 |
| 2 Bedrooms | $800 | $1,091 | $291 |
| 3 Bedrooms | $966 | $1,436 | $470 |
| 4 Bedrooms | $1,168 | $1,675 | $507 |
| Median Income | $45,870 | $69,491 | $23,621 |
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
Minneapolis-St. Paul-Bloomington
- Studio
- $731/mo
- 1 BR
- $917/mo
- 2 BR
- $1,091/mo
- 3 BR
- $1,436/mo
- 4 BR
- $1,675/mo
- Median Income
- $69,491/yr
Frequently Asked Questions
Is Cedar Rapids or Minneapolis-St. Paul-Bloomington cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,091/mo in Minneapolis-St. Paul-Bloomington. That's $291/mo or $3,492/year more expensive in Minneapolis-St. Paul-Bloomington (36% higher).
What is the 2-bedroom rent in Cedar Rapids vs Minneapolis-St. Paul-Bloomington?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Minneapolis-St. Paul-Bloomington, a 2-bedroom FMR is $1,091/month.
How do incomes compare between Cedar Rapids and Minneapolis-St. Paul-Bloomington?
The median household income in Cedar Rapids is $45,870/year. In Minneapolis-St. Paul-Bloomington it is $69,491/year. Minneapolis-St. Paul-Bloomington has the higher median income.
What is the studio rent in Cedar Rapids vs Minneapolis-St. Paul-Bloomington?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Minneapolis-St. Paul-Bloomington it is $731/mo.