Cedar Rapids vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 42% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,137/mo in Salem — saving $4,044/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Salem | Difference |
|---|---|---|---|
| Studio | $530 | $741 | $211 |
| 1 Bedroom | $637 | $913 | $276 |
| 2 Bedrooms | $800 | $1,137 | $337 |
| 3 Bedrooms | $966 | $1,411 | $445 |
| 4 Bedrooms | $1,168 | $1,615 | $447 |
| Median Income | $45,870 | $53,953 | $8,083 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Cedar Rapids or Salem cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,137/mo in Salem. That's $337/mo or $4,044/year more expensive in Salem (42% higher).
What is the 2-bedroom rent in Cedar Rapids vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Cedar Rapids and Salem?
The median household income in Cedar Rapids is $45,870/year. In Salem it is $53,953/year. Salem has the higher median income.
What is the studio rent in Cedar Rapids vs Salem?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Salem it is $741/mo.