Compare Fair Market Rents — FY2026
| Bedroom | Waterloo-Cedar Falls, IA... | Cedar Rapids, IA HUD Met... |
|---|---|---|
| Studio | $725 | $738 |
| 1-Bedroom | $801 | $816 |
| 2-Bedroom | $1,051 | $1,071 |
| 3-Bedroom | $1,357 | $1,490 |
| 4-Bedroom | $1,763 | $1,797 |
Income Limits & Affordability
| Metric | Waterloo-Cedar Falls, IA... | Cedar Rapids, IA HUD Met... |
|---|---|---|
| Area Median Income (4p) | $91,000 | $105,300 |
| 50% AMI Limit (4p) | $47,050 | $52,650 |
| Income needed for 2BR FMR (30% rule) | $42,040 | $42,840 |