Cedar Rapids vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 5% cheaper for renters. A 2-bedroom rents for $800/mo vs $837/mo in Sioux Falls — saving $444/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $530 | $544 | $14 |
| 1 Bedroom | $637 | $672 | $35 |
| 2 Bedrooms | $800 | $837 | $37 |
| 3 Bedrooms | $966 | $1,012 | $46 |
| 4 Bedrooms | $1,168 | $1,129 | $39 |
| Median Income | $45,870 | $55,443 | $9,573 |
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
Sioux Falls
- Studio
- $544/mo
- 1 BR
- $672/mo
- 2 BR
- $837/mo
- 3 BR
- $1,012/mo
- 4 BR
- $1,129/mo
- Median Income
- $55,443/yr
Frequently Asked Questions
Is Cedar Rapids or Sioux Falls cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $837/mo in Sioux Falls. That's $37/mo or $444/year more expensive in Sioux Falls (5% higher).
What is the 2-bedroom rent in Cedar Rapids vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Cedar Rapids and Sioux Falls?
The median household income in Cedar Rapids is $45,870/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Cedar Rapids vs Sioux Falls?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Sioux Falls it is $544/mo.