FairRentWize

Cedar Rapids vs Racine

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Racine is 1% cheaper for renters. A 2-bedroom rents for $794/mo vs $800/mo in Cedar Rapids — saving $72/year.

Rent by Unit Size

Unit SizeCedar RapidsRacineDifference
Studio$530$508$22
1 Bedroom$637$641$4
2 Bedrooms$800$794$6
3 Bedrooms$966$1,002$36
4 Bedrooms$1,168$1,141$27
Median Income$45,870$42,267$3,603

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 →

Racine

Studio
$508/mo
1 BR
$641/mo
2 BR
$794/mo
3 BR
$1,002/mo
4 BR
$1,141/mo
Median Income
$42,267/yr
Full Racine profile →

Frequently Asked Questions

Is Cedar Rapids or Racine cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $800/mo in Cedar Rapids. That's $6/mo or $72/year more expensive in Cedar Rapids (1% higher).
What is the 2-bedroom rent in Cedar Rapids vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Cedar Rapids and Racine?
The median household income in Cedar Rapids is $45,870/year. In Racine it is $42,267/year. Cedar Rapids has the higher median income.
What is the studio rent in Cedar Rapids vs Racine?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Racine it is $508/mo.