Average Rent in Cedar Rapids, IA
5 apartment buildings, 14 units. Real asking prices, refreshed daily.
Avg Rent
$989/mo
market average
Cheapest
$840/mo
Alexandra Apartments
Properties
5
tracked daily
Units
14
available now
Cedar Rapids, IA Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 5 properties in Cedar Rapids, IA.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Cedar Rapids, IA Rent Prices
All 5 properties ranked by lowest available rent.
Alexandra Apartments
4419 1st Ave SW, Cedar Rapids, IA 52405, USA
Union at Wiley
4227 21st Ave SW, Cedar Rapids, IA 52404, USA
The Retreat on 6th
2981 6th St SW, Cedar Rapids, IA 52404, USA
Briarwood
254 Northpointe Dr NE, Cedar Rapids, IA 52402, USA
Prairie Bend Apartments
4020 33rd Ave SW, Cedar Rapids
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Alexandra Apartments 4419 1st Ave SW, Cedar Rapids, IA 52405, USA | $840 | $933 | $1.28 | 3.6 (112) | 3 |
| 2 | Union at Wiley 4227 21st Ave SW, Cedar Rapids, IA 52404, USA | $850 | $923 | $1.20 | 3.2 (27) | 4 |
| 3 | The Retreat on 6th 2981 6th St SW, Cedar Rapids, IA 52404, USA | $860 | $934 | $1.29 | 4.3 (276) | 5 |
| 4 | Briarwood 254 Northpointe Dr NE, Cedar Rapids, IA 52402, USA | $1,287 | $1,287 | $1.32 | 4.6 (77) | 1 |
| 5 | Prairie Bend Apartments 4020 33rd Ave SW, Cedar Rapids | $1,400 | $1,400 | $1.52 | 5 (8) | 1 |
Explore Each Property
Alexandra Apartments
3.6 (112)4419 1st Ave SW, Cedar Rapids, IA 52405, USA
Union at Wiley
3.2 (27)4227 21st Ave SW, Cedar Rapids, IA 52404, USA
The Retreat on 6th
4.3 (276)2981 6th St SW, Cedar Rapids, IA 52404, USA
Briarwood
4.6 (77)254 Northpointe Dr NE, Cedar Rapids, IA 52402, USA
Prairie Bend Apartments
5 (8)4020 33rd Ave SW, Cedar Rapids
Cedar Rapids, IA Average Rent Prices 2026
The average rent in Cedar Rapids, IA is $989 per month, based on 14 units across 5 apartment communities. Prices range from $840 at Alexandra Apartments to $1,400 at Prairie Bend Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $869/mo | $840/mo | 6 |
| 2 Bed | $1,079/mo | $960/mo | 8 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Cedar Rapids, IA, and what they pay
Tracked one-bedroom rent in Cedar Rapids, IA averages $869/mo, with two-bedroom units averaging $1,079/mo. At the local median household income of $67,859, that works out to 17% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Cedar Rapids, IA at $925/mo. The current tracked market average runs 7% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Cedar Rapids, IA while the tracked market average covers units currently listed in larger apartment communities.
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
$40,000/year
Based on the 30 percent rule, using our tracked average rent of $989/mo.
Comfortable income
$47,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($840/mo), you need to earn at least $34,000/year.
Median household income in Cedar Rapids, IA is $67,859 , about 43% 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) | $989 |
| Utilities | $306 |
| Groceries | $522 |
| Transportation | $730 |
| Healthcare | $356 |
| Other goods and services | $570 |
| Estimated total | $3,473/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.
Compare
Nearby cities in Iowa
How Cedar Rapids, IA rent compares to other markets in the state.
| City | Avg Rent | vs Cedar Rapids, IA | Properties |
|---|---|---|---|
| Des Moines, IA | $1,351 | +37% | 11 |
| Davenport, IA | $1,058 | +7% | 8 |
| Sioux City, IA | $1,035 | +5% | 7 |
| Waterloo, IA | $1,082 | +9% | 6 |
| Cedar Falls, IA | $1,429 | +44% | 6 |
| Iowa City, IA | $1,508 | +52% | 5 |
Frequently asked questions
What is the average rent in Cedar Rapids, IA?
The average rent in Cedar Rapids, IA is $989 per month, based on 14 units across 5 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Cedar Rapids, IA?
The lowest available rent in Cedar Rapids, IA starts at $840 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Cedar Rapids, IA?
1-bedroom apartments in Cedar Rapids, IA average $869/mo. The lowest listed 1-bedroom starts at $840/mo across 6 units tracked.
How much is a 2-bedroom apartment in Cedar Rapids, IA?
2-bedroom apartments in Cedar Rapids, IA average $1,079/mo. Units start from $960/mo across 8 units currently listed.
Rent Trends in Cedar Rapids, IA
Track how apartment prices are changing over time.
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