Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Life in Cedar Rapids & Beyond
Cedar Rapids shares many of the great qualities that make Iowa a desirable place to live.
Iowa is known as the "Hawkeye State" and America's heartland. This beautiful state is famous for its rolling hills, fertile farmland, and vibrant cities. Immerse yourself in Iowa's rich history by visiting the Herbert Hoover Presidential Library and Museum, Amana Colonies, or developing your skills at the University of Iowa and Iowa State University. Iowa also has a vibrant cultural scene, with dozens of professional theaters, art galleries, and museums spread throughout the state.
Iowa is a haven for outdoor enthusiasts, offering a variety of activities such as hiking the scenic Loess Hills, camping and fishing in its state parks and lakes, and winter sports like skiing and snowboarding. Explore famous attractions like the State Capitol Building, the Des Moines Art Center, and the historic town of Cedar Rapids. With its friendly communities, affordable living, and thriving economy, Iowa offers a high quality of life and a strong sense of community, making it an ideal place for those looking for a fulfilling lifestyle.
Discover why Iowa is a place that is sure to steal your heart and capture your imagination. Experience the best of what the Midwest offers, and you'll see why it's such a great place to live.
Rental Market Trends
Cedar Rapids, IA
As of June 2026, Cedar Rapids's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Cedar Rapids's average rent is 1.0% ($11) lower than the Iowa average of $1,112 and 38.7% ($696) lower than the U.S. average of $1,797.
Average Rent
$1,101
Monthly ChangeMonth Over Month Change
7% ($72)
Yearly ChangeYear Over Year Change
12.8% ($125)
Avg. Days on MarketAverage Days on Market
33
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $993 | 4.2% ($40) | 17.4% ($147) |
| 2 Beds | $1,112 | 5.8% ($61) | 5.1% ($54) |
| 3 Beds | $1,431 | 6% ($81) | 6.8% ($91) |
| Nearby Cities | Average Rent | Avg. Rent vs. Cedar RapidsAverage Rent vs. Cedar Rapids | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Hiawatha | $1,186 | 7.7% ($85) | 38 days |
| Marion | $1,108 | 0.6% ($7) | 64 days |
| Mount Vernon | $858 | 22.1% ($243) | 36 days |
| North Liberty | $1,324 | 20.3% ($223) | 42 days |
| Solon | $882 | 19.9% ($219) | 45 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Cedar Rapids Rental Market FAQs
Explore rental prices, market trends, and availability in Cedar Rapids, IA.
The average rent in Cedar Rapids, IA is $1,101 per month.
Homes in Cedar Rapids typically rent for between $695 and $1,860 per month, with an average of $1,101 per month.
In Cedar Rapids, the average rent for a 1-bedroom home is $993 per month, for a 2-bedroom home, $1,112 per month, and a 3-bedroom home is $1,431 per month.
The average rent in Cedar Rapids is 38.7% ($696) lower than the national average of $1,797 per month.
The average rent in Cedar Rapids has increased by 7.0% ($72) in the last month and increased by 12.8% ($125) over the past year.
The rental market in Cedar Rapids, IA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Cedar Rapids, IA, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 38 rental properties available in Cedar Rapids, IA.
Based on the current averages, a household would need an annual income of $44,480 to comfortably afford a 2-bedroom home in Cedar Rapids.
