Property Prices in Cedar Rapids, IA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 2.06 |
| Mortgage as Percentage of Income: | 18.51% |
| Loan Affordability Index: | 5.40 |
| Price to Rent Ratio - City Centre: | 6.71 |
| Price to Rent Ratio - Outside of Centre: | 9.99 |
| Gross Rental Yield (City Centre): | 14.91% |
| Gross Rental Yield (Outside of Centre): | 10.01% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,116.67 $ | |
| Apartment (1 bedroom) Outside of Centre | 739.17 $ | |
| Apartment (3 bedrooms) in City Centre | 1,778.33 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,219.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 143.97 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 143.97 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,769.25 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.58 |
These data are based on 72 entries in the past 18 months from 24 different contributors.
Last update: February 2025
Sources and References
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