FairRentWize

Cedar Rapids vs Springfield

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Springfield is 11% cheaper for renters. A 2-bedroom rents for $720/mo vs $800/mo in Cedar Rapids — saving $960/year.

Rent by Unit Size

Unit SizeCedar RapidsSpringfieldDifference
Studio$530$490$40
1 Bedroom$637$583$54
2 Bedrooms$800$720$80
3 Bedrooms$966$925$41
4 Bedrooms$1,168$987$181
Median Income$45,870$37,539$8,331

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 →

Springfield

Studio
$490/mo
1 BR
$583/mo
2 BR
$720/mo
3 BR
$925/mo
4 BR
$987/mo
Median Income
$37,539/yr
Full Springfield profile →

Frequently Asked Questions

Is Cedar Rapids or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $800/mo in Cedar Rapids. That's $80/mo or $960/year more expensive in Cedar Rapids (11% higher).
What is the 2-bedroom rent in Cedar Rapids vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Cedar Rapids and Springfield?
The median household income in Cedar Rapids is $45,870/year. In Springfield it is $37,539/year. Cedar Rapids has the higher median income.
What is the studio rent in Cedar Rapids vs Springfield?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Springfield it is $490/mo.