Affordable & Income-Based Housing in Cedar Rapids

Affordability in Cedar Rapids

The median gross rent in Cedar Rapids is $967 per month and the median household income is $70,424 per year, with 31% of residents renting their homes, according to the Census ACS 5-Year estimates (2024). Cedar Rapids has 14 HUD-assisted or income-restricted properties offering 996 affordable units across the city.

Safety

According to FBI Crime Data Explorer, the Cedar Rapids Police Department reported a violent crime rate of 264 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Cedar Rapids

According to Walk Score, the area around assisted properties in Cedar Rapids scores 61 (Somewhat Walkable) for walkability, 36 (Some Transit) for public transit, and 77 for bikeability.

• Walk Score: 61 - Somewhat Walkable
• Transit Score: 36 - Some Transit
• Bike Score: 77

These scores reflect conditions near the 14 assisted properties in the city, not Cedar Rapids as a whole.

Schools

Cedar Rapids is served by 46 public schools across 5 districts, including 25 elementary, 8 middle, 8 high schools, and 5 other schools, according to NCES Common Core of Data. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Renting in Cedar Rapids

The median household income in Cedar Rapids is $70,424 per year, according to Census ACS 5-Year data. The median gross rent in the city is $967 per month, according to the same source.

For renters who qualify, the 14 HUD-assisted and income-based properties in Cedar Rapids offer rents set below market rate, based on household income and program eligibility. Rent limits for these programs are tied to HUD's Area Median Income (AMI) guidelines for the Cedar Rapids area.

• Median household income: $70,424/year (Census ACS 5-Year)
• Median market rent: $967/month (Census ACS 5-Year)
• Share of households that rent: 31% (Census ACS 5-Year)

Flood and Environmental Exposure

All 14 HUD-assisted properties in Cedar Rapids were mapped for flood risk. None are located in a high-risk flood zone, according to that flood mapping data.