Cedar Rapids, IA Real Estate
Cedar Rapids anchors one of Iowa's largest metro areas with a population of about 136,859. The median home value is near $177,100, and median rent runs around $925/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$177,100
Median Rent
$925/mo
Population
136,859
Median Income
$67,859
Median Age
36.9
Homeownership
68.2%
Monthly payment on a median Cedar Rapids home
Example for a $177,100 home: 20% down, 30-yr at ~6.75%, IA property tax ~1.52%, 0.4% insurance.
Est. monthly (PITI)
$1,202
Principal & interest
$919
Property tax / mo
$224
Down payment (20%)
$35,420
Cedar Rapids at a glance
- 22.2% of residents 25+ hold a bachelor's degree or higher.
- 68.2% of occupied homes are owner-occupied.
- Median household income is $67,859.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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