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Housing Affordability in Cedar Rapids, IA
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 27.5%
- Iowa 24.3%
- Renters paying 30%+
- 45.2%
- Iowa 43.9%
- Homeowners paying 30%+
- 19.7%
- Iowa 17.1%
- Owner costs with a mortgage
- $1,447/mo
- Iowa $1,533/mo
Housing costs compared with income
- Renters paying 30% or more8,10145.2%
- Homeowners paying 30% or more7,94419.7%
- Renters paying 50% or more3,47619.4%
- Median rent as a share of income: 28.0%
- Median owner costs as a share of income, with a mortgage: 19.5%
- Median owner costs without a mortgage: $673/mo
- Median home value divided by median household income: 2.7
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Cedar Rapids, IA | 27.5% | 45.2% | 19.7% | 28.0% |
| Linn County | 24.7% | 44.8% | 17.8% | 27.8% |
| Iowa | 24.3% | 43.9% | 17.1% | 27.4% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Cedar Rapids, IA?
- In Cedar Rapids, IA, 27.5% of households spend 30% or more of their income on housing costs.
- How does Cedar Rapids compare with Iowa?
- The households paying 30%+ for housing in Cedar Rapids is 27.5%, compared with 24.3% for Iowa as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates