Cedar Rapids, IA Metro Area: Median Gross Rent Trend
How Cedar Rapids, IA Metro Area's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$714
2023
$899
Total change
+$185
% change
+25.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $714 | — |
| 2019 | $753 | +$39 (5.5%) |
| 2020 | $768 | +$15 (2%) |
| 2021 | $806 | +$38 (4.9%) |
| 2022 | $863 | +$57 (7.1%) |
| 2023 | $899 | +$36 (4.2%) |