
Home Price Key
These days, finding an affordable place to live in the Cedar Falls area can be challenging. Home prices in Cedar Falls are now at a median cost of $222,811, higher than the Iowa average of $182,666.
The average cost of rent is $1,021/mo in Cedar Falls, primarily driven by the current value of real estate in the Cedar Falls area. While nearly 45.62% of residents own their homes outright in Cedar Falls, 31.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Falls is $6,205 per month. Households that rent pay about 16.45% of their income on rent here. Cedar Falls's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- North Cedar, IA: higher priced homes
- Waterloo, IA: less expensive homes
- Hudson, IA: equally priced homes
- Orange, IA: higher priced homes
- Evansdale, IA: less expensive homes
- Janesville, IA: equally priced homes
- Zaneta, IA: less expensive homes
- Dike, IA: equally priced homes
- New Hartford, IA: less expensive homes
- Elk Run Heights, IA: less expensive homes
Cities with Similar Populations
- Raeford, NC: less expensive homes
- Freehold, NJ: higher priced homes
- Gillette, WY: higher priced homes
- Haines City, FL: less expensive homes
- Hallandale Beach, FL: higher priced homes
- Hampton, GA: equally priced homes
- Hicksville, NY: higher priced homes
- Hudson, FL: less expensive homes
- Kearny, NJ: higher priced homes
- Levittown, NY: higher priced homes
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