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Cedar Rapids, IA

Full City Profile · Iowa · Johnson County County

3.5 /5.0
B+ Good
136,859 Population 1,834/sq mi density
$67,859 Median Income $39,824 per capita
$177,100 Home Value $204,214 Zillow
$925 Median Rent 27.9% income on rent
53°F Avg Temperature 281 sunny days/yr
257 Violent Crime/100K 3,336 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$67,859 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$177,100 home value, $925/mo rent
F
Safety
1.0 / 5.0
257 violent crimes/100K
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher

Housing Overview

Median Home Value
$177,100
37% below
US avg: $281,900
Median Rent
$925/mo
20% below
US avg: $1,163/mo
Homeownership Rate
68.2%
4% above US avg (65.4%)
Total Housing Units
63,145
Median year built: 1972

Home Value by Source

Census Median
$177,100
Zillow (ZHVI)
$204,214
Median Sale Price
$187,984
Median List Price
$210,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.2%
Owner-Occupied
31.8%
Renter-Occupied
68%
32%
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: $925/mo · Zillow rent: $1,158/mo

Market Indicators (Redfin)

Median Days on Market
41 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
122
Price Drops
23.3%
of listings with price reduction
Price Per Sq Ft
$127
Active Inventory
215
homes for sale

Affordability & Housing Stock

Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
68.2%

Complete Housing Data

Home Values

Census Median Value$177,100
Zillow Home Value (ZHVI)$204,214
Median Sale Price$187,984
Median List Price$210,000
Price Per Sq Ft$127

Rent

Census Median Rent$925
Zillow Rent (ZORI)$1,158
FMR Studio$738
FMR 1-Bedroom$788
FMR 2-Bedroom$989
FMR 3-Bedroom$1,282
FMR 4-Bedroom$1,420

Market

Days on Market41
Sale-to-List Ratio1.0%
Price Drops23.3%
Homes Sold122
Active Inventory215
Price Per Sq Ft$127

Ownership & Stock

Owner-Occupied68.2%
Renter-Occupied31.8%
Homeownership Rate68.2%
Total Housing Units63,145
Median Year Built1972
Rent Burden27.9%