Start Free

Section 8 rent in Cedar Rapids, IA

FY2025 HUD Small Area Fair Market Rents for the Cedar Rapids, IA HUD Metro FMR Area, covering 35 ZIP codes.

$1,030Avg 2BR FMR / mo
$1,133Avg 2BR at 110% Standard
35ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$600$714$1,020$786
1 Bedroom$670$800$1,140$880
2 Bedrooms$880$1,030$1,490$1,133
3 Bedrooms$1,200$1,432$2,080$1,575
4 Bedrooms$1,440$1,705$2,500$1,875

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,060$24,720
Triplex3 × 2BR$3,090$37,080
Fourplex4 × 2BR$4,120$49,440
Fourplex4 × 3BR$5,728$68,736

Gross scheduled rent before vacancy, maintenance and management. Run any Iowa multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 35 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
52228 $1,140 $1,490 $2,080 $2,500
52351 $1,060 $1,390 $1,910 $2,250
52328 $1,010 $1,320 $1,850 $2,220
52324 $910 $1,200 $1,680 $2,000
52213 $890 $1,170 $1,630 $1,950
52405 $870 $1,140 $1,600 $1,910
52333 $940 $1,130 $1,580 $1,890
52205 $830 $1,050 $1,390 $1,440
52332 $800 $1,050 $1,360 $1,540
52336 $800 $1,050 $1,470 $1,760
52411 $800 $1,050 $1,470 $1,760
52402 $790 $1,040 $1,460 $1,750
52202 $790 $1,030 $1,440 $1,730
52214 $770 $1,010 $1,420 $1,700
52341 $760 $1,000 $1,400 $1,680

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
Est. mortgage payment (PITI)—
Est. monthly cash flow—

30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

Analyze Real Iowa Listings Free

Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Cedar Rapids, IA?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Cedar Rapids, IA HUD Metro FMR Area is $1,030 per month, ranging from $880 to $1,490 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,133.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Cedar Rapids, IA, 2-bedroom SAFMRs run from $880 to $1,490 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Iowa?
RealG searches live listings across Iowa, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

More Iowa markets

Adair County, IA Adams County, IA Allamakee County, IA Ames, IA Appanoose County, IA Audubon County, IA Benton County, IA Boone County, IA Bremer County, IA Buchanan County, IA All Iowa markets →

These are the rents. RealG finds the properties.

Every Iowa listing analyzed against real HUD rates and graded A–D. The AI agent calls the sellers.

Start Free