Property Prices in Cedar Rapids, IA, United States

Index Info
Price to Income Ratio: 2.06
Mortgage as Percentage of Income: 18.37%
Loan Affordability Index: 5.44
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%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,116.67 $ 1,000.00-1,200.00
Apartment (1 bedroom) Outside of Centre 739.17 $ 685.00-800.00
Apartment (3 bedrooms) in City Centre 1,778.33 $ 1,500.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,219.00 $ 1,000.00-2,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 143.97 $ 141.95-147.99
Price per Square Feet to Buy Apartment Outside of Centre 143.97 $ 141.95-147.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,769.25 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.49 6.19-6.80

These data are based on 74 entries from 24 contributors over the past 18 months.
Last update: April 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far