Cedar Rapids vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 187% cheaper for renters. A 2-bedroom rents for $800/mo vs $2,293/mo in New York-Newark-Jersey City — saving $17,916/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $530 | $1,531 | $1,001 |
| 1 Bedroom | $637 | $1,813 | $1,176 |
| 2 Bedrooms | $800 | $2,293 | $1,493 |
| 3 Bedrooms | $966 | $2,674 | $1,708 |
| 4 Bedrooms | $1,168 | $3,167 | $1,999 |
| Median Income | $45,870 | $124,777 | $78,907 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Cedar Rapids or New York-Newark-Jersey City cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,493/mo or $17,916/year more expensive in New York-Newark-Jersey City (187% higher).
What is the 2-bedroom rent in Cedar Rapids vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Cedar Rapids and New York-Newark-Jersey City?
The median household income in Cedar Rapids is $45,870/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Cedar Rapids vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In New York-Newark-Jersey City it is $1,531/mo.