FairRentWize

Cedar Rapids vs Springfield

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Springfield is 6% cheaper for renters. A 2-bedroom rents for $756/mo vs $800/mo in Cedar Rapids — saving $528/year.

Rent by Unit Size

Unit SizeCedar RapidsSpringfieldDifference
Studio$530$519$11
1 Bedroom$637$612$25
2 Bedrooms$800$756$44
3 Bedrooms$966$923$43
4 Bedrooms$1,168$1,067$101
Median Income$45,870$44,958$912

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
$519/mo
1 BR
$612/mo
2 BR
$756/mo
3 BR
$923/mo
4 BR
$1,067/mo
Median Income
$44,958/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 $756/mo vs $800/mo in Cedar Rapids. That's $44/mo or $528/year more expensive in Cedar Rapids (6% 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 $756/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 $44,958/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 $519/mo.