FairRentWize

Cedar Rapids vs Olympia-Lacey-Tumwater

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Cedar Rapids is 47% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $4,536/year.

Rent by Unit Size

Unit SizeCedar RapidsOlympia-Lacey-TumwaterDifference
Studio$530$769$239
1 Bedroom$637$945$308
2 Bedrooms$800$1,178$378
3 Bedrooms$966$1,376$410
4 Bedrooms$1,168$1,633$465
Median Income$45,870$67,966$22,096

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 →

Olympia-Lacey-Tumwater

Studio
$769/mo
1 BR
$945/mo
2 BR
$1,178/mo
3 BR
$1,376/mo
4 BR
$1,633/mo
Median Income
$67,966/yr
Full Olympia-Lacey-Tumwater profile →

Frequently Asked Questions

Is Cedar Rapids or Olympia-Lacey-Tumwater cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $378/mo or $4,536/year more expensive in Olympia-Lacey-Tumwater (47% higher).
What is the 2-bedroom rent in Cedar Rapids vs Olympia-Lacey-Tumwater?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Olympia-Lacey-Tumwater, a 2-bedroom FMR is $1,178/month.
How do incomes compare between Cedar Rapids and Olympia-Lacey-Tumwater?
The median household income in Cedar Rapids is $45,870/year. In Olympia-Lacey-Tumwater it is $67,966/year. Olympia-Lacey-Tumwater has the higher median income.
What is the studio rent in Cedar Rapids vs Olympia-Lacey-Tumwater?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Olympia-Lacey-Tumwater it is $769/mo.