2025 Compare Cities Housing:
Cedar Falls, IA vs Prior Lake, MN

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Highlights
- The median age of a home in Cedar Falls is 44.4% older than the median age of a home in Prior Lake.
 Cedar Falls, IAPrior Lake, MNUnited States
 Median Home Age45  Unlock42
 Median Home Cost  Unlock$486,900$338,100
 Home Appr. Last 12 months13.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.3%57.0%
 Home Appr. Last 10 yrs.51.2%  Unlock101.1%
 Property Tax Rate  Unlock$11.3$11.0
 Homes Owned59.7%  Unlock57.4%
 Housing Vacant  Unlock2.7%11.2%
 Homes Rented33.9%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Cedar Falls, IAPrior Lake, MNUnited States
 Average Rent  Unlock$1,940$1,840
 Studio Apartment$710  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,180$1,180
 2 Bedroom Home or Apartment$1,060  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,970$1,860
 4 Bedroom Home or Apartment$1,810  Unlock$2,160
 space1
 Vacant Housing
 Cedar Falls, IAPrior Lake, MNUnited States
 Vacant For Rent  Unlock0.3%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.4%3.6%
 Vacant Other1.8%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Cedar Falls, IAPrior Lake, MNUnited States
 Less Than $20,000  Unlock0.9%2.6%
 $20,000 to $39,9992.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9991.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,99914.1%  Unlock11.3%
 $150,000 to $199,999  Unlock7.5%13.0%
 $200,000 to $299,99930.0%  Unlock20.1%
 $300,000 to $399,999  Unlock23.9%13.6%
 $400,000 to $499,9992.7%  Unlock8.3%
 $500,000 to $749,999  Unlock14.2%9.7%
 $750,000 to $999,9990.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.9%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.7%1.1%
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 Housing Units By Year Built
 Cedar Falls, IAPrior Lake, MNUnited States
 2015 and Newer0.2%  Unlock0.2%
 2010 to 2014  Unlock26.1%13.6%
 2000 to 200911.4%  Unlock13.6%
 1990 to 1999  Unlock20.5%13.6%
 1980 to 19896.8%  Unlock13.2%
 1970 to 1979  Unlock10.8%14.8%
 1960 to 196913.3%  Unlock13.6%
 1950 to 1959  Unlock3.1%10.0%
 1940 to 19493.5%  Unlock4.7%
 1939 or Earlier  Unlock1.0%12.2%
Reviews for Cedar Falls    7 Reviews

Over 8 years ago

I lived in Cedar Falls while attending the University of Northern Iowa. It's a great college town. Main street is nice and there are plenty of restaurants to choose  More

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Over 12 years ago

We've lived in Cedar Falls since moving here from the great chicago land area in 2006. The school system in Cedar Falls and in Iowa in general if VERY strong.   More

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When I was preparing to moved to Cedar Falls, IA I was repeatedly met with the remark "IOWA!, what's there? corn?" But apart from the bitter winters, tornadoes, and  More

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Reviews for Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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