Cedar Rapids, IA Real Estate
According to census data in the year 2000 there were 52,169 housing units in Cedar Rapids.
This represents a 14.7% growth from 45,473 in 1990.
Of those housing units, 51,667 were located in either urbanized areas or urban clusters, and 502 were located in what is classified as a rural area.
Homeownership rate in Cedar Rapids is about 69.1%.
Cedar Rapids's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Cedar Rapids were built after 1964.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.54|
|Median year structure was built||1961|
|Median Value of occupied units||$95,200|
|Median Price asked for vacant units||$79,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.93|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$436|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||10.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17%|