Housing in Cedar Rapids, NE
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$101,819
Cedar Rapids vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Cedar Rapids is highlighted.
Median Home Value
10th%ilemost expensive$77,800show rank
Median Rent
20th%ilemost expensive rent$729show rank
Rent Burden
42nd%ilehighest rent burden17.5%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$77,800
Median Rent
$729
Total Housing Units
228
Vacancy Rate
15.3%
Owner Occupied
90.7%
Renter Occupied
9.3%
Median Property Tax
$923
per year
Monthly Cost (w/ Mortgage)
$568
Housing Types
Single Family89.0%
Multi-Family6.1%
Mobile Home4.8%
The median home value in Cedar Rapids, NE is $77,800. According to Zillow, the home value index for Cedar Rapids is $101,819. The median rent is $729 per month (Census ACS). About 90.7% of housing units are owner-occupied. The median year homes were built is 1965. There are 228 total housing units.