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Cedar Rapids, NE
Full City Profile · Nebraska · Boone County County
3.0
/5.0
B
Good
484
Population
1,344/sq mi density
$50,125
Median Income
$24,743 per capita
$77,800
Home Value
$111,761 Zillow
$729
Median Rent
23.8% income on rent
48°F
Avg Temperature
308 sunny days/yr
69
Violent Crime/100K
1,714 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$50,125 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$77,800 home value, $729/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
C
Education
2.2 / 5.0
14.4% bachelor's degree or higher
Housing Overview
Median Home Value
$77,800
72% below
US avg: $281,900
Median Rent
$729/mo
37% below
US avg: $1,163/mo
Homeownership Rate
90.7%
39% above US avg (65.4%)
Total Housing Units
245
Median year built: 1965
Home Value by Source
Census Median
$77,800
Zillow (ZHVI)
$111,761
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.7%
Owner-Occupied
9.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$706/mo
1 Bedroom
$791/mo
2 Bedroom
$1,001/mo
3 Bedroom
$1,274/mo
4 Bedroom
$1,409/mo
Census median rent:
$729/mo
Affordability & Housing Stock
Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
90.7%
Complete Housing Data
Home Values
| Census Median Value | $77,800 |
| Zillow Home Value (ZHVI) | $111,761 |
Rent
| Census Median Rent | $729 |
| FMR Studio | $706 |
| FMR 1-Bedroom | $791 |
| FMR 2-Bedroom | $1,001 |
| FMR 3-Bedroom | $1,274 |
| FMR 4-Bedroom | $1,409 |
Market
Ownership & Stock
| Owner-Occupied | 90.7% |
| Renter-Occupied | 9.3% |
| Homeownership Rate | 90.7% |
| Total Housing Units | 245 |
| Median Year Built | 1965 |
| Rent Burden | 23.8% |