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Home values, rents and more in Cedar Rapids, NE

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$116,000
Nebraska: $278,000 · U.S.: $366,000
Home values, past year
−2.2%
Nebraska: +3.0% · U.S.: +1.2%
Population
493
ACS 2020–24
Median household income
$54,519
Nebraska: $76,475 · U.S.: $80,734
ZIP codes around Cedar Rapids, NE, shaded by typical home valueCedar Rapids68627
  • Under $0k
  • No data
ZIP codes around Cedar Rapids, NE, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Cedar Rapids is outlined.

How Cedar Rapids compares

The typical home in Cedar Rapids, NE is worth about $116,000, according to the Zillow Home Value Index for September 2026. Home values in Cedar Rapids are 58% below the typical value in Nebraska ($278,000) and 68% below the U.S. typical value ($366,000).

Over the past year, home values in Cedar Rapids fell 2.2%, compared with +3.0% in Nebraska and +1.2% nationally.

The median household income is $54,519, against $76,475 in Nebraska and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 493 people live in Cedar Rapids (American Community Survey 2020–24).

Cedar Rapids has the 16th-lowest typical home value of the 384 cities in Nebraska with Zillow figures.

Part of: Boone County, NE · Nebraska

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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