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Cambridge, IA

Full City Profile · Iowa · Polk County County

3.2 /5.0
B Good
948 Population 707/sq mi density
$74,531 Median Income $32,347 per capita
$172,800 Home Value $319,451 Zillow
$1,080 Median Rent 22.9% income on rent
48°F Avg Temperature 275 sunny days/yr
120 Violent Crime/100K 1,787 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$74,531 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$172,800 home value, $1,080/mo rent
F
Safety
1.0 / 5.0
120 violent crimes/100K
C
Education
2.4 / 5.0
18.0% bachelor's degree or higher

Housing Overview

Median Home Value
$172,800
39% below
US avg: $281,900
Median Rent
$1,080/mo
7% below
US avg: $1,163/mo
Homeownership Rate
84.6%
29% above US avg (65.4%)
Total Housing Units
411
Median year built: 1963

Home Value by Source

Census Median
$172,800
Zillow (ZHVI)
$319,451
Median Sale Price
$210,000
Median List Price
$250,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.6%
Owner-Occupied
15.4%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent: $1,080/mo

Market Indicators (Redfin)

Median Days on Market
73 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$128
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
22.9%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
84.6%

Complete Housing Data

Home Values

Census Median Value$172,800
Zillow Home Value (ZHVI)$319,451
Median Sale Price$210,000
Median List Price$250,000
Price Per Sq Ft$128

Rent

Census Median Rent$1,080
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market73
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold3
Active Inventory4
Price Per Sq Ft$128

Ownership & Stock

Owner-Occupied84.6%
Renter-Occupied15.4%
Homeownership Rate84.6%
Total Housing Units411
Median Year Built1963
Rent Burden22.9%