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Housing in Cedar Rapids, Iowa

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HousingCedar Rapids, IAUnited States
Median Home Age41.635.1
Median Home Cost$115,200$153,800
Home Appreciation1.20%1.62%
Homes Owned63.46%57.69%
Housing Vacant6.96%11.38%
Homes Rented29.58%30.93%
Property Tax Rate$14.12$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0001.58%2.72%
$20,000 to $39,9993.17%4.03%
$40,000 to $59,9994.38%5.58%
$60,000 to $79,9998.06%7.09%
$80,000 to $99,99918.19%8.80%
$100,000 to $149,99936.32%21.26%
$150,000 to $199,99914.01%14.87%
$200,000 to $299,99910.33%16.82%
$300,000 to $399,9992.24%7.83%
$400,000 to $499,9990.69%4.04%
$500,000 to $749,9990.57%4.05%
$750,000 to $999,9990.26%1.26%
$1,000,000 or more0.22%1.64%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 200513.12%13.71%
1995 to 199811.97%14.31%
1990 to 199411.97%14.31%
1980 to 19896.50%13.87%
1970 to 197915.17%16.17%
1960 to 196914.59%11.70%
1950 to 195914.33%11.08%
1940 to 19494.52%6.02%
1939 or Earlier19.79%13.15%


The median home value in Cedar Rapids, IA, is $115,200. Home appreciation is 1.20% over the last year. The median age of Cedar Rapids, IA, real estate is 42 years.

Cedar Rapids, IA Apartments and Rentals

Renters make up 29.58% of the Cedar Rapids, IA, population. 6.96% of houses and apartments in Cedar Rapids, IA, are unoccupied (vacancy rate).


Cedar Rapids Housing SperlingViews

re: : Thanks for you great comments. They are very... (read more)Lowest Housing Interest Rates since the 1950's - t: When my Mom bought her house in Waterloo, IA in the late 1950's,she paid a rate similar to what you see now; 3.5%. That kind of rate means you can buy a house for less... (read more)EXPENSIVE: It doesnt matter where you live in Cedar Rapids, Iowa, you do not get what you paid for. Houses that are falling apart that you cant even live in are over... (read more)Have an opinion about Cedar Rapids? Leave a commentTo See All SperlingViews for Cedar Rapids Click Here