Last updated
Average Rent in Cedar Rapids, IA & Rent Trends
Rent prices and market trends across 1 apartment community in Cedar Rapids, IA. Updated daily.
Market Average
$923/mo
▼ 18% from last month
Lowest Available
$850/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
Is Rent Going Up or Down in Cedar Rapids, IA?
As of May 2026, the average rent in Cedar Rapids, IA is $923 per month across 1 apartment community and 2 available units. Rents have decreased $202 (18%) over the past month.
The most affordable option is Union at Wiley starting at $850/mo. By unit type, a 1-bedroom averages $850/mo, a 2-bedroom averages $995/mo.
Prices range from $850 to $995 per month. The most common price point is the $800 range, where 2 units are currently listed.
Cedar Rapids, IA Rent Price History
Average Rent by Bedroom
Rent by Bedroom Type in Cedar Rapids, IA
Rent Prices by Apartment in Cedar Rapids, IA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Union at Wiley | $850/mo | $923/mo | 2 | 3.2 |
Google Search Trends for Cedar Rapids, IA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Cedar Rapids, IA
What is the average rent in Cedar Rapids, IA?
Is rent going up or down in Cedar Rapids, IA?
What is the cheapest apartment in Cedar Rapids, IA?
How much is a 1-bedroom apartment in Cedar Rapids, IA?
How many apartments are available in Cedar Rapids, IA?
What salary do I need to live comfortably in Cedar Rapids, IA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$37,000/year
30 percent rule -- using our average rent of $923/mo.
Comfortable income
$44,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($850/mo), you need to earn at least $34,000/year.
Median household income in Cedar Rapids, IA is $67,859 , about 53% above the comfortable-living threshold.
Cost of living in Cedar Rapids, IA
Overall prices in Cedar Rapids, IA runs below the national average by about 10% (BEA Regional Price Parity index 90.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Cedar Rapids, IA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $923 |
| Utilities | $306 |
| Groceries | $522 |
| Transportation | $730 |
| Healthcare | $356 |
| Other goods and services | $570 |
| Estimated total | $3,407/mo |
Population
136,859
Median household income
$67,859
Census median rent
$925/mo
Rent as % of income
27.9%
Median age
36.9
Mean commute
18 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Cedar Rapids, IA Apartments
Browse all 1 communities with daily-updated pricing and availability.