Cedar Rapids, IA Rental Market Trends
Last updated: April 05, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Cedar Rapids is $1,089, a N/A compared to the previous year, when the average rent was .
Studio Apartments at $864 offer the most budget-friendly option with 552 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 669 square feet for $936, balancing privacy and affordability.
Two-beedroom units at $1,119 offer 941 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,133 sq ft) for $1,367, suitable for larger households.
Average rent in Cedar Rapids, IA
Last updated: April 05, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,089 | 883 sq. ft. |
| Studio | $864 | 552 sq. ft. |
| 1 Bed | $936 | 669 sq. ft. |
| 2 Beds | $1,119 | 941 sq. ft. |
| 3 Beds | $1,367 | 1,133 sq. ft. |
Cedar Rapids, IA rent trends
What's the typical rent budget in Cedar Rapids, IA?
The largest share of rentals in Cedar Rapids, IA (50%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Cedar Rapids, IA?
18,692 or 31% of the households in Cedar Rapids, IA are renter-occupied while 40,659 or 69% are owner-occupied.
Average Rent in Cedar Rapids, IA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Hiawatha | $1,016 |
| Marion | $841 |
/
Cedar Rapids | Rent Comparison by Neighborhood
Rent in Hiawatha is 21% higher than in Marion
$1,016
Hiawatha rent is 7% lower than Cedar Rapids average
Average Rent
$1,016
$841
Marion rent is 23% lower than Cedar Rapids average
Average Rent
$841
How Cedar Rapids Compares to Other Cities
| City | Average Rent |
|---|---|
| Cedar Rapids | $1,089 |
| Des Moines | $1,092 |
| Davenport | $999 |
| West Des Moines | $1,263 |
| Waukee | $1,397 |
| Ankeny | $1,354 |
| Council Bluffs | $1,231 |
| Iowa City | $1,497 |
| Ames | $1,374 |
| Bettendorf | $1,329 |
| Marion | $841 |
| Coralville, IA | $1,364 |
| Tiffin, IA | $1,682 |
| Hiawatha, IA | $1,016 |
| North Liberty, IA | $1,679 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Cedar Rapids apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.