Cedar Rapids vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 4% cheaper for renters. A 2-bedroom rents for $769/mo vs $800/mo in Cedar Rapids — saving $372/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Toledo | Difference |
|---|---|---|---|
| Studio | $530 | $521 | $9 |
| 1 Bedroom | $637 | $622 | $15 |
| 2 Bedrooms | $800 | $769 | $31 |
| 3 Bedrooms | $966 | $990 | $24 |
| 4 Bedrooms | $1,168 | $1,150 | $18 |
| Median Income | $45,870 | $44,170 | $1,700 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Cedar Rapids or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $800/mo in Cedar Rapids. That's $31/mo or $372/year more expensive in Cedar Rapids (4% higher).
What is the 2-bedroom rent in Cedar Rapids vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Cedar Rapids and Toledo?
The median household income in Cedar Rapids is $45,870/year. In Toledo it is $44,170/year. Cedar Rapids has the higher median income.
What is the studio rent in Cedar Rapids vs Toledo?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Toledo it is $521/mo.