Cedar Rapids vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 37% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,097/mo in Raleigh-Cary — saving $3,564/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $530 | $760 | $230 |
| 1 Bedroom | $637 | $928 | $291 |
| 2 Bedrooms | $800 | $1,097 | $297 |
| 3 Bedrooms | $966 | $1,435 | $469 |
| 4 Bedrooms | $1,168 | $1,556 | $388 |
| Median Income | $45,870 | $70,678 | $24,808 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Cedar Rapids or Raleigh-Cary cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,097/mo in Raleigh-Cary. That's $297/mo or $3,564/year more expensive in Raleigh-Cary (37% higher).
What is the 2-bedroom rent in Cedar Rapids vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Cedar Rapids and Raleigh-Cary?
The median household income in Cedar Rapids is $45,870/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Cedar Rapids vs Raleigh-Cary?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Raleigh-Cary it is $760/mo.