30 census tracts
Cedar Rapids.Iowa housing market
This Cedar Rapids housing market report covers about 56,600 homes across 30 census tracts. Rent takes just 27.6% of household income at the median (its rent-to-income ratio), lower than in 131 of the 139 markets PriceDNA tracks. For August 2026, the average listing price is $344,730 across 226 active listings (Realtor.com Economic Research, Monthly Housing Inventory).
- Average listing price
- $344,730 226 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
- Approximate homes
- 56,600 across 30 assigned tracts
- Renter-occupied
- 32% of occupied homes
Cedar Rapids housing market context
- Owners occupy most homes; renters hold 32%, lower than in 130 of the 139 markets.
- At $344,730, the average listing costs 5.4 times the median household income, lower than in 117 of the 139 markets.
- Tracts across Cedar Rapids are unusually alike on location: the middle half spans 68 to 73 on the Location Score, narrower than in 114 of the 139 markets.
These are city-level figures. To see how one property measures up against your goal, run a specific address.
Location score distribution
How location scores vary across 30 census tracts in Cedar Rapids.
Half of Cedar Rapids's tracts score between 68 and 73. The full range spans 64 to 77, with a median of 69.8.
What the location score shows
PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.
The middle half of Cedar Rapids's tracts is 4.7 points wide on the score, narrower than in 114 of the 139 markets PriceDNA tracks.
To see the location score for your specific property, analyze a property
Housing composition
Key housing statistics for approximately 56,600 homes in Cedar Rapids, including occupancy, tenure, and structure type.
Of about 56,600 homes, 7.9% are vacant. Among occupied homes, 32% are renter-occupied, providing context on the size of the local rental base.
By structure type, about 68% of Cedar Rapids’s housing units are in single-family structures, 7% in small multifamily buildings (2 to 4 units), and 23% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.
How Cedar Rapids compares
Cedar Rapids's median is above the Iowa median on 5 of these 8 measures and above the U.S. median on 3. The city range shows the lower quarter, median and upper quarter of its census tracts.
| Metric | Cedar Rapids lower · median · upper Cedar Rapids | Iowa IA | United States US |
|---|---|---|---|
|
Census ACS B19013 · 2020 to 2024
|
$59,571 $63,677 $71,888 | $72,060 | $77,171 |
|
Census ACS B15003 · 2020 to 2024
|
36% 40% 46% | 38% | 41% |
|
Census ACS B01001 · 2020 to 2024
|
33% 37% 38% | 30% | 32% |
|
FHFA HPI · 2025
|
4.1% 4.2% 4.3% | 4.7% | 5.2% |
|
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
|
2.9% 3.4% 3.9% | 3.4% | 3.8% |
|
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
|
1.73% every tract | 1.71% | 1.65% |
|
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
|
0.71% 0.72% 0.79% | 0.80% | 0.56% |
|
Census ACS B25064 + B19013 · 2020 to 2024
|
25.0% 27.6% 30.1% | 27.2% | 30.8% |
About this data
PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.
Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.
The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.
These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.
Nearby markets
Market pages for other cities within 300 miles.
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