Property prices for rent in Cedar Rapids (Iowa)

The rent prices in real estate in Cedar Rapids, in the Iowa region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$963.5
Average price last 6 months
$1.14
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cedar Rapids has risen during the last 6 months. In November, the average price per sq.feet was $1.04. In December this price barely changed remaining at $1.04 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $1.04 to $1.11 per sq.feet. The price per sq.feet has had a considerable rise of 118 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.08 to $1.27 during March, and April.

Average price

When referring to the price in Cedar Rapids (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $826. In December This price remains at $822. During the following two months (January, February) the price has had an average rise from $824 to $931. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 129 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,210 they are 32 % more affordable than the average price for Cedar Rapids . The properties with the highest average price have 3 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,124.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.51 / sq.feet, with an average $1.31 / sq.feet price in Cedar Rapids. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.29 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,210 it is 41 % more affordable than the average price in Cedar Rapids. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,076 it is 4 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.05 / sq.feet followed by "House" priced at $1.19 / sq.feet. "House" is the most affordable type of property with a $1.19 / sq.feet value followed by "Condo" with an average price of $1.05 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Cedar Rapids
Number of properties used in region Iowa
$1,210
$1.31
1,502
49,738
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value