
Home Price Key
These days, finding an affordable place to live in the Cedar Rapids area can be challenging. Home prices in Cedar Rapids are now at a median cost of $125,392, lower than the Nebraska average of $188,542.
The average cost of rent is $834/mo in Cedar Rapids, primarily driven by the current value of real estate in the Cedar Rapids area. While nearly 59.96% of residents own their homes outright in Cedar Rapids, 8.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Rapids is $5,431 per month. Households that rent pay about 15.36% of their income on rent here. Cedar Rapids's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Primrose, NE: less expensive homes
- Belgrade, NE: less expensive homes
- Albion, NE: higher priced homes
- Boone, NE: higher priced homes
- Loretto, NE: higher priced homes
- Spalding, NE: less expensive homes
- St. Edward, NE: less expensive homes
- Fullerton, NE: less expensive homes
- Wolbach, NE: equally priced homes
- Greeley, NE: less expensive homes
Cities with Similar Populations
- Grand Tower, IL: less expensive homes
- Germania, WI: higher priced homes
- Town Line, NY: higher priced homes
- Gitano, MS: less expensive homes
- Tiosa, IN: equally priced homes
- Tillar, AR: less expensive homes
- Thebes, IL: less expensive homes
- Goodfield, TN: higher priced homes
- Tehuacana, TX: equally priced homes
- Switzer, WV: less expensive homes
All Local Stats
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