Housing & Real Estate — Cedar Rapids, Iowa

Overview

Total Housing Units63,669
Occupied58,870
Vacant4,799
Owner-Occupied40,149
Renter-Occupied18,721
Median Home Value (Census)$187,100
Estimated 2026~$212,000
Median Rent$925/mo
Median Property Tax$3,233/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income15.8%
Severely Rent-Burdened35.6%

Housing Age

Built 2010 or later6,595
Built 2000-20097,593
Built 1990-19996,983
Built before 196019,534
Median Year Built1972
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.