Windsor on the River
2200 Buckingham Dr NW,
Cedar Rapids, IA 52405
1-3 Beds | $890 - $1,555
Rental Market Trends in Cedar Rapids, IA
Updated August 2026
The average rent in Cedar Rapids, IA is $867/month.
Rent in Cedar Rapids is 48% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$867/month
Average Rent
632 Sq Ft
Average Size
+7.3%
Change / Year
657
Available Apartments
Cedar Rapids rent varies by unit size and layout:
- Studio apartments in Cedar Rapids average $905 per month.
- One-bedroom apartments in Cedar Rapids average $867 per month.
- Two-bedroom apartments in Cedar Rapids average $1,107 per month.
- Three-bedroom apartments in Cedar Rapids average $1,408 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Cedar Rapids, IA?
In the past year, rent has increased by 7.3%, which averages out to $63 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Cedar Rapids, IA
August 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
19%
Below $700/month
38%
$700 - $1,000/month
32%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Cedar Rapids?
Based on current rent prices, Cedar Hills and Downtown Cedar Rapids" are the most affordable neighborhoods in Cedar Rapids.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cedar Rapids?
Based on current rent prices, Downtown Cedar Rapids and Cedar Hills" are the most expensive neighborhoods in Cedar Rapids.
Neighborhood
Average Rent
Average Sq Ft
Which Cedar Rapids neighborhoods have the most rentals available?
The neighborhoods in Cedar Rapids with the most apartments available are Downtown Cedar Rapids and Cedar Hills" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cedar Rapids, IA?
Because the average rent in Cedar Rapids is $867, you’ll want to make about $2,890 per month or $34,680 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Cedar Rapids, IA is 10.0% lower than the national average. Generally, housing in Cedar Rapids is 30.6% less expensive than the national average, with rent falling between $867 - $1,408. You can expect to pay 2.8% less for groceries, 4.0% more for utilities, and 0% less for transportation.
How does Cedar Rapids, IA compare to other nearby cities and neighborhoods?
Use the tool below to compare Cedar Rapids, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Cedar Rapids Area GuideStudio
$1,122/month
$924/month
One Bedroom
$719/month
$1,055/month
Two Bedroom
$1,013/month
$1,321/month
Three Bedroom
$1,220/month
$1,535/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Cedar Rapids We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Cedar Rapids?
The average rent in Cedar Rapids is $867 per month, which is 47.9% lower than the national average of $1,664.
What is the average rent for a house in Cedar Rapids?
The average rent for a house in Cedar Rapids, IA is $1,785 per month.
What is the average rent for a townhome in Cedar Rapids?
The average rent for a townhome in Cedar Rapids, IA is $1,601 per month.
Are rents going up or down in Cedar Rapids?
Rents in Cedar Rapids, IA are increasing, with prices up 7.3% year-over-year and $63 more per month.
What rent range is most common in Cedar Rapids?
In Cedar Rapids, IA, 38% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.