Home prices
The median home in Cedar Falls costs $189,100. In comparison to its nearby areas this is roughly $36,400 (23%) higher.It is about $28,400 (13%) lower compared to the country as a whole, and in comparison to the city of Cedar Rapids is approximately $47,300 (33%) higher.
Rents
Cedar Falls's median monthly rent is $875. In comparison to the surrounding areas it is roughly $170 (24%) higher.In comparison to the entire country it is roughly $187 (17%) lower, and is roughly $108 (14%) higher in comparison to the city of Cedar Rapids.
Nearby places
Waterloo
Waterloo is Cedar Falls's neighbor to the east. The real estate prices there are substantially less expensive. The median home value in Waterloo is $117,400, which comes out to $71,700 (61%) lower than Cedar Falls. The rent there is a bit less expensive. Waterloo's median monthly rent is $765, which works out to $110 (14%) lower than Cedar Falls.
Hudson
Hudson is Cedar Falls's neighbor to the south. Housing prices there are fairly similar. The value of the median home in Hudson is $194,000, which is $4,900 (2%) higher than Cedar Falls. Its rents are a little less expensive. In Hudson the median rent is $790 per month, which comes out to $85 (10%) lower than Cedar Falls.
New Hartford
New Hartford is roughly 7 miles northwest of Cedar Falls. Real estate prices there are a lot less expensive. The median home in New Hartford costs $82,400, which comes out to $106,700 (129%) lower than Cedar Falls. Rents there are somewhat less expensive. In New Hartford the median rent is $700 per month, which works out to $175 (25%) lower than Cedar Falls.
Janesville
Janesville is about 8 miles north from Cedar Falls. Real estate prices there are a little less expensive. The median home in Janesville costs $167,200, which is $21,900 (13%) lower than Cedar Falls. Its rents are substantially less expensive. Janesville's median monthly rent is $625, which is $250 (39%) lower than Cedar Falls.
Dike
Dike is approximately 8 miles southwest of Cedar Falls. Its real estate prices are a little more expensive. The median home in Dike is valued at $202,500, which is $13,400 (6%) higher than Cedar Falls. Its rents are a lot less expensive. In Dike the median rent is $644 a month, which comes out to $231 (35%) lower than Cedar Falls.
