Cedar Rapids vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cedar Rapids is 28% cheaper for renters. A 2-bedroom rents for $800/mo vs $1,024/mo in Wilmington — saving $2,688/year.
Rent by Unit Size
| Unit Size | Cedar Rapids | Wilmington | Difference |
|---|---|---|---|
| Studio | $530 | $656 | $126 |
| 1 Bedroom | $637 | $838 | $201 |
| 2 Bedrooms | $800 | $1,024 | $224 |
| 3 Bedrooms | $966 | $1,314 | $348 |
| 4 Bedrooms | $1,168 | $1,459 | $291 |
| Median Income | $45,870 | $52,995 | $7,125 |
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
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Cedar Rapids or Wilmington cheaper to rent in?
Cedar Rapids is cheaper — a 2-bedroom Fair Market Rent is $800/mo vs $1,024/mo in Wilmington. That's $224/mo or $2,688/year more expensive in Wilmington (28% higher).
What is the 2-bedroom rent in Cedar Rapids vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Cedar Rapids is $800/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Cedar Rapids and Wilmington?
The median household income in Cedar Rapids is $45,870/year. In Wilmington it is $52,995/year. Wilmington has the higher median income.
What is the studio rent in Cedar Rapids vs Wilmington?
A studio apartment Fair Market Rent in Cedar Rapids is $530/mo. In Wilmington it is $656/mo.