Cedar Falls, IA Real Estate

According to census data in the year 2000 there were 13,294 housing units in Cedar Falls. This represents a 10.2% growth from 12,066 in 1990.

Of those housing units, 12,386 were located in either urbanized areas or urban clusters, and 908 were located in what is classified as a rural area.

Homeownership rate in Cedar Falls is about 64.4%. Cedar Falls's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Cedar Falls were built after 1964.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom12.50%
Two Bedrooms30.20%
Three Bedrooms38.20%
Four Bedrooms14.20%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1961
Median Value of occupied units$102,500
Median Price asked for vacant units$106,500

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1970
Median Monthly Rent asked for vacant units$555

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8%
Home Equity Loan12.10%
Simple Mortgage46.30%
Debt Free33.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%