2025 Compare Cities Housing:
Cedar Rapids, IA vs Waterloo, IA

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Highlights
- The median age of a home in Cedar Rapids is 18.0% younger than the median age of a home in Waterloo.
 Cedar Rapids, IAWaterloo, IAUnited States
 Median Home Age50  Unlock42
 Median Home Cost  Unlock$121,000$338,100
 Home Appr. Last 12 months10.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock32.7%57.0%
 Home Appr. Last 10 yrs.47.0%  Unlock101.1%
 Property Tax Rate  Unlock$18.7$11.0
 Homes Owned64.8%  Unlock57.4%
 Housing Vacant  Unlock9.7%11.2%
 Homes Rented27.4%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Cedar Rapids, IAWaterloo, IAUnited States
 Average Rent  Unlock$1,230$1,840
 Studio Apartment$640  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$740$1,180
 2 Bedroom Home or Apartment$960  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,250$1,860
 4 Bedroom Home or Apartment$1,640  Unlock$2,160
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 Vacant Housing
 Cedar Rapids, IAWaterloo, IAUnited States
 Vacant For Rent  Unlock2.0%1.9%
 Vacant Rented0.8%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.3%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other2.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Cedar Rapids, IAWaterloo, IAUnited States
 Less Than $20,000  Unlock4.1%2.6%
 $20,000 to $39,9991.4%  Unlock2.4%
 $40,000 to $59,999  Unlock6.3%2.8%
 $60,000 to $79,9993.4%  Unlock3.9%
 $80,000 to $99,999  Unlock9.8%4.5%
 $100,000 to $149,99932.1%  Unlock11.3%
 $150,000 to $199,999  Unlock19.9%13.0%
 $200,000 to $299,99919.0%  Unlock20.1%
 $300,000 to $399,999  Unlock2.4%13.6%
 $400,000 to $499,9991.7%  Unlock8.3%
 $500,000 to $749,999  Unlock1.6%9.7%
 $750,000 to $999,9990.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.4%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
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 Housing Units By Year Built
 Cedar Rapids, IAWaterloo, IAUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock5.7%13.6%
 2000 to 200911.5%  Unlock13.6%
 1990 to 1999  Unlock6.7%13.6%
 1980 to 19897.1%  Unlock13.2%
 1970 to 1979  Unlock14.2%14.8%
 1960 to 196910.5%  Unlock13.6%
 1950 to 1959  Unlock17.6%10.0%
 1940 to 19494.1%  Unlock4.7%
 1939 or Earlier  Unlock21.7%12.2%
Reviews for Cedar Rapids    39 Reviews

My biggest gripe is the winter weather and more specifically the wind. The wind does not stop blowing the entire winter. It starts around November when NW winds start  More

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Over 4 years ago

Such a horrible place. The racism is too much. You cant even take a walk to the park without hearing a racial insult thrown at you. You cant even go to the store  More

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I grew up here, moved away, came back to raise my family and have been back since 1993. I love this city!!! There is SOOO much to do. There are 3-4 community theatre  More

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Reviews for Waterloo    5 Reviews

The bike racks recently installed on the MET buses was a great idea for a community that has numerous bike riders and  More

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Over 17 years ago

Unless you're into getting wasted on a regular basis there's not a lot to do here. Most people barhop for fun. Being someone who doesn't drink and doesn't enjoy being  More

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Over 17 years ago

So the weather is emotional here - on and off during the summer its hot and rainy, yet during the fall it is quite often beautiful. Winters can be long, and spring can  More

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