Metro FMR area · IA · HUD FY 2027
Cedar Rapids, IA Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Cedar Rapids, IA area is $1,054 a month, 5% below the Iowa average and 40% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 36 ZIP codes range from $970 to $1,580.
- $1,0542-bedroom FMR−$17 (−1.6%) vs FY 2026
- $8061-bedroom FMRU.S.: $1,478
- $42,160Income for a 2-bedroomat 30% of income
- 230,004Residents1 county
| Unit | Cedar Rapids, IA FY 2027 | FY 2026 | Change | Iowa avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $734 | $738 | −$4 (−0.5%) | $846 | $1,379 | $29,360 |
| 1 bedroom | $806 | $816 | −$10 (−1.2%) | $902 | $1,478 | $32,240 |
| 2 bedrooms | $1,054 | $1,071 | −$17 (−1.6%) | $1,113 | $1,761 | $42,160 |
| 3 bedrooms | $1,459 | $1,490 | −$31 (−2.1%) | $1,475 | $2,266 | $58,360 |
| 4 bedrooms | $1,762 | $1,797 | −$35 (−1.9%) | $1,649 | $2,607 | $70,480 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Linn County, IA | 230,004 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,050.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 52202 | $670 | $740 | $970 | $1,350 | $1,620 | +$40 (+4.3%) | 8% below |
| 52203 | $800 | $870 | $1,030 | $1,430 | $1,730 | +$30 (+3.0%) | 2% below |
| 52205 | $780 | $890 | $1,130 | $1,480 | $1,620 | +$20 (+1.8%) | 7% above |
| 52213 | $790 | $870 | $1,140 | $1,560 | $1,850 | −$40 (−3.4%) | 8% above |
| 52214 | $720 | $790 | $1,030 | $1,430 | $1,720 | −$80 (−7.2%) | 2% below |
| 52218 | $670 | $760 | $970 | $1,350 | $1,620 | +$50 (+5.4%) | 8% below |
| 52219 | $720 | $810 | $1,040 | $1,380 | $1,620 | +$80 (+8.3%) | 1% below |
| 52227 | $800 | $870 | $1,090 | $1,510 | $1,820 | −$20 (−1.8%) | 3% above |
| 52228 | $1,100 | $1,210 | $1,580 | $2,180 | $2,620 | −$30 (−1.9%) | 50% above |
| 52233 | $670 | $740 | $970 | $1,350 | $1,620 | no change | 8% below |
| 52253 | $800 | $870 | $1,030 | $1,430 | $1,730 | +$30 (+3.0%) | 2% below |
| 52302 | $720 | $790 | $1,030 | $1,430 | $1,720 | −$10 (−1.0%) | 2% below |
| 52305 | $670 | $740 | $970 | $1,350 | $1,620 | +$50 (+5.4%) | 8% below |
| 52310 | $670 | $760 | $970 | $1,350 | $1,620 | +$50 (+5.4%) | 8% below |
| 52314 | $800 | $870 | $1,030 | $1,430 | $1,730 | +$30 (+3.0%) | 2% below |
| 52324 | $710 | $780 | $1,020 | $1,370 | $1,620 | −$110 (−9.7%) | 3% below |
| 52328 | $740 | $820 | $1,080 | $1,510 | $1,800 | −$110 (−9.2%) | 2% above |
| 52332 | $810 | $890 | $1,160 | $1,500 | $1,620 | +$40 (+3.6%) | 10% above |
| 52333 | $1,020 | $1,090 | $1,280 | $1,770 | $2,130 | +$60 (+4.9%) | 21% above |
| 52336 | $810 | $890 | $1,160 | $1,610 | $1,940 | +$40 (+3.6%) | 10% above |
| 52338 | $930 | $990 | $1,170 | $1,620 | $1,960 | +$100 (+9.3%) | 11% above |
| 52341 | $730 | $800 | $1,050 | $1,440 | $1,720 | −$50 (−4.5%) | about the same as |
| 52344 | $670 | $740 | $970 | $1,350 | $1,620 | +$50 (+5.4%) | 8% below |
| 52351 | $990 | $1,090 | $1,410 | $1,920 | $2,250 | −$10 (−0.7%) | 34% above |
| 52352 | $740 | $800 | $1,050 | $1,430 | $1,690 | +$130 (+14.1%) | about the same as |
| 52401 | $670 | $740 | $970 | $1,350 | $1,620 | no change | 8% below |
| 52402 | $810 | $890 | $1,170 | $1,620 | $1,960 | +$40 (+3.5%) | 11% above |
| 52403 | $710 | $780 | $1,020 | $1,410 | $1,700 | −$60 (−5.6%) | 3% below |
| 52404 | $800 | $870 | $1,080 | $1,500 | $1,810 | no change | 2% above |
| 52405 | $850 | $930 | $1,220 | $1,690 | $2,040 | no change | 16% above |
| 52406 | $730 | $800 | $1,050 | $1,450 | $1,760 | −$20 (−1.9%) | about the same as |
| 52408 | $730 | $800 | $1,050 | $1,450 | $1,760 | −$20 (−1.9%) | about the same as |
| 52409 | $730 | $800 | $1,050 | $1,450 | $1,760 | −$20 (−1.9%) | about the same as |
| 52410 | $730 | $800 | $1,050 | $1,450 | $1,760 | −$20 (−1.9%) | about the same as |
| 52411 | $710 | $770 | $1,010 | $1,400 | $1,680 | −$30 (−2.9%) | 4% below |
| 52498 | $730 | $800 | $1,050 | $1,450 | $1,760 | −$20 (−1.9%) | about the same as |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.