Cedar Rapids vs Prescott Valley-Prescott
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 32% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,054/mo in Prescott Valley-Prescott — saving $3,048/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Studio | $530 | $648 | $118 |
| 1 Bedroom | $637 | $826 | $189 |
| 2 Bedrooms | $800 | $1,054 | $254 |
| 3 Bedrooms | $966 | $1,277 | $311 |
| 4 Bedrooms | $1,168 | $1,437 | $269 |
| Median Income | $45,870 | $60,079 | $14,209 |
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
Prescott Valley-Prescott
- Studio
- $648/mo
- 1 BR
- $826/mo
- 2 BR
- $1,054/mo
- 3 BR
- $1,277/mo
- 4 BR
- $1,437/mo
- Median Income
- $60,079/yr
Frequently Asked Questions
Is Cedar Rapids or Prescott Valley-Prescott cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,054/mo in Prescott Valley-Prescott. That's $254/mo or $3,048/year more expensive in Prescott Valley-Prescott (32% higher).
What is the 2-bedroom rent in Cedar Rapids vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Cedar Rapids and Prescott Valley-Prescott?
The median household income in Cedar Rapids is $45,870/year. In Prescott Valley-Prescott it is $60,079/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Cedar Rapids vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Prescott Valley-Prescott it is $648/mo.