Cedar Falls, IA has a population of 41,167, while the median age is 27. The household income in Cedar Falls, IA is around $58,855. The homeownership rate among the residents is 63%. The median residential property value in Cedar Falls, IA that you should keep in mind is $173,600.
Population | 41,167 |
Median Age | 26.8 |
Poverty Rate | 19% |
Household Income | $58,855 |
Number Of Employees | 23,521 |
Median Property Value | $173,600 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $850 | -17.4% |
1-bed apartments | $765 | -53.9% |
2-bed apartments | $1,461 | -8.1% |
3-bed apartments | $1,400 | -79.5% |
4+ bed apartments | $1,596 | -66.3% |
Over the May 2023, the average rent for an apartment in/near Cedar Falls, IA decreased by 50.7% to $1,226.
Compared to the last month, the average price for a rental studio in Cedar Falls, IA has decreased by 17.4%. You can expect to rent the studio for $850 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 53.9% to $765. Pricing for 2-bed apartment also decreased by 8.1% and a place of this size will now cost you $1,461. 3-bed apartment rent pricing starts at $1,400, it decreased by 79.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 66.3% and made it down to $1,596.
Rent Type Price |
May | vs Last Month |
---|---|---|
Apartments for rent | $1,261 | -17.4% |
Rooms for rent | $400 | +0% |
The median rent for an apartment in Cedar Falls, IA decreased by 17.4% to $1,261. The median rent for a house is still $9,634 with no significant changes this month. If you’re looking for a room, the price tag still starts at $400. The median price did not change this time.