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10 1 Bedroom Apartments for rent in Cedar Rapids, IA

Last updated November 15 at 1:21pm UTC
127 11th St SW
Taylor
Cedar Rapids, IA
Updated November 15 at 9:49am UTC
1 Bedroom
$415
1503 2nd Ave SE
Wellington Heights
Cedar Rapids, IA
Updated November 15 at 9:48am UTC
1 Bedroom
$550
814 3rd Ave SE
Cedar Rapids
Cedar Rapids, IA
Updated November 15 at 9:47am UTC
1 Bedroom
$615
909 28th St SE
Cedar Rapids
Cedar Rapids, IA
Updated November 11 at 5:55pm UTC
1 Bedroom
$450
605 4th St SW
Taylor
Cedar Rapids, IA
Updated November 9 at 6:07pm UTC
1 Bedroom
$375
Results within 1 miles of Cedar Rapids, IA
1241 Grand Ave
Marion
Marion, IA
Updated November 15 at 11:52am UTC
1 Bedroom
$430
Results within 5 miles of Cedar Rapids, IA
3091 9th St
Marion
Marion, IA
Updated November 15 at 11:53am UTC
1 Bedroom
$435

November 2018 Cedar Rapids Rent Report

Welcome to the November 2018 Cedar Rapids Rent Report. Cedar Rapids rents increased over the past month. In this report, we'll evaluate trends in the Cedar Rapids rental market, including comparisons to similar cities nationwide.

View full Cedar Rapids Rent Report
Rent Report
Cedar Rapids

November 2018 Cedar Rapids Rent Report

Welcome to the November 2018 Cedar Rapids Rent Report. Cedar Rapids rents increased over the past month. In this report, we'll evaluate trends in the Cedar Rapids rental market, including comparisons to similar cities nationwide.

Cedar Rapids rents increased moderately over the past month

Cedar Rapids rents have increased 0.3% over the past month, and have increased slightly by 1.8% in comparison to the same time last year. Currently, median rents in Cedar Rapids stand at $670 for a one-bedroom apartment and $890 for a two-bedroom. Cedar Rapids' year-over-year rent growth leads the state average of -0.1%, as well as the national average of 1.1%.

Cedar Rapids rents more affordable than many large cities nationwide

As rents have increased slightly in Cedar Rapids, a few large cities nationwide have seen rents grow more quickly. Cedar Rapids is still more affordable than most large cities across the country.

  • Cedar Rapids' median two-bedroom rent of $890 is below the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 1.8% increase in Cedar Rapids.
  • While Cedar Rapids' rents rose slightly over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will find more reasonable prices in Cedar Rapids than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than three-and-a-half times the price in Cedar Rapids.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.