Cedar Falls, IA
Full City Profile · Iowa · Black Hawk County County
3.8
/5.0
B+
Good
40,662
Population
1,381/sq mi density
$74,165
Median Income
$41,639 per capita
$252,500
Home Value
$257,507 Zillow
$1,177
Median Rent
34.7% income on rent
49°F
Avg Temperature
260 sunny days/yr
122
Violent Crime/100K
1,923 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$74,165 median income, 2.2% unemployment
A+
Affordability
4.8 / 5.0
$252,500 home value, $1,177/mo rent
F
Safety
1.0 / 5.0
122 violent crimes/100K
A+
Education
4.9 / 5.0
49.2% bachelor's degree or higher
Housing Overview
Median Home Value
$252,500
10% below
US avg: $281,900
Median Rent
$1,177/mo
1% above
US avg: $1,163/mo
Homeownership Rate
62.6%
4% below US avg (65.4%)
Total Housing Units
16,587
Median year built: 1975
Home Value by Source
Census Median
$252,500
Zillow (ZHVI)
$257,507
Median Sale Price
$279,500
Median List Price
$326,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.6%
Owner-Occupied
37.4%
Renter-Occupied
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:
$1,177/mo
· Zillow rent:
$1,374/mo
Market Indicators (Redfin)
Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
26.0%
of listings with price reduction
Price Per Sq Ft
$149
Active Inventory
73
homes for sale
Affordability & Housing Stock
Rent Burden
34.7%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
62.6%
Complete Housing Data
Home Values
| Census Median Value | $252,500 |
| Zillow Home Value (ZHVI) | $257,507 |
| Median Sale Price | $279,500 |
| Median List Price | $326,900 |
| Price Per Sq Ft | $149 |
Rent
| Census Median Rent | $1,177 |
| Zillow Rent (ZORI) | $1,374 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
| Days on Market | 71 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.0% |
| Homes Sold | 20 |
| Active Inventory | 73 |
| Price Per Sq Ft | $149 |
Ownership & Stock
| Owner-Occupied | 62.6% |
| Renter-Occupied | 37.4% |
| Homeownership Rate | 62.6% |
| Total Housing Units | 16,587 |
| Median Year Built | 1975 |
| Rent Burden | 34.7% |
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