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Cedar Rapids, NE Real Estate


According to census data in the year 2000 there were 197 housing units in Cedar Rapids. This represents a 3.1% growth from 191 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 197 were located in what is classified as a rural area.

Homeownership rate in Cedar Rapids is about 86.3%. Cedar Rapids's vacancy rate, including seasonal lodging, is about 11.2%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Cedar Rapids were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom2%
Two Bedrooms32.50%
Three Bedrooms36.50%
Four Bedrooms23.90%
Five Bedrooms or more4.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1939
Median Value of occupied units$31,400
Median Price asked for vacant units$13,800

Rented Homes, Apartments and Condos

Average Household Size1.75
Median year structure was built1945
Median Monthly Rent asked for vacant units$305

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan2.20%
Simple Mortgage33.10%
Debt Free61.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.2%