Housing data for Cedar Falls, IA

Cedar Falls, IA has an estimated 40,888 residents and 16,804 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in Black Hawk County.

36.0% of households rent.

The median gross rent is $1,203 a month.

Its population shrank measurably since 2015–2019 (−0.2%).

Figures last updated on .

Residents
40,888 (±39)
Housing units
16,804 (±468)
Households that rent
36.0%
Median gross rent
$1,203
Residents since 2015–2019
−0.2%

What stands out in Cedar Falls

Median home value: $263,600 (±$13,449) in Cedar Falls, higher than in Black Hawk County ($188,900).

Median real estate taxes: $3,702 (±$151) in Cedar Falls, higher than in Black Hawk County ($2,842).

Homes in buildings of 5 or more units: 22.9% (±2.9 points) in Cedar Falls, higher than in Black Hawk County (16.6%).

Median gross rent: $1,203 (±$52) in Cedar Falls, higher than in Black Hawk County ($989).

Housing in Cedar Falls at a glance

Cedar Falls against Black Hawk County, its state and the nation

Estimate (90% margin of error)
Cedar FallsBlack Hawk CountyIowaUnited States
Residents40,888 (±39)131,049 (exact)3,210,507 (exact)334,922,499
Housing units16,804 (±468)58,991 (±109)1,437,699 (±523)143,775,355
Households that rent36.0% (±2.5 points)33.8% (±1.3 points)28.3% (±0.3 points)34.8%
Median gross rent$1,203 (±$52)$989 (±$20)$972 (±$6)$1,413
Median household income$76,987 (±$5,036)$66,417 (±$1,805)$75,059 (±$418)$80,734
Median home value$263,600 (±$13,449)$188,900 (±$4,988)$208,000 (±$1,141)$332,700
Median real estate taxes (a year)$3,702 (±$151)$2,842 (±$69)$2,897 (±$13)$3,119
Built before 198058.3% (±4.4 points)70.4% (±2.1 points)61.5% (±0.4 points)49.7%
Average commute14.0 minutes (±0.6)15.9 minutes (±0.4)19.8 minutes (±0.1)26.4 minutes
Households with broadband93.1% (±1.8 points)89.4% (±0.9 points)88.9% (±0.2 points)91.0%
Median age of residents29.3 years (±1.4)35.7 years (±0.2)38.6 years (±0.2)38.9 years

Cedar Falls covers 29.5 square miles of land, about 1,388 residents per square mile (Census Bureau Gazetteer).

How Cedar Falls has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents40,983 (±36)40,888 (±39)−0.2%Measurable decrease
Housing units16,375 (±362)16,804 (±468)+2.6%Not a measurable change
Median gross rent$875 (±$30)$1,203 (±$52)+37.5%Up after inflation
Median home value$189,100 (±$6,445)$263,600 (±$13,449)+39.4%Up after inflation
Median household income$61,420 (±$4,007)$76,987 (±$5,036)+25.3%No measurable change after inflation
Median owner cost with a mortgage$1,451 (±$66)$1,719 (±$65)+18.5%No measurable change after inflation
Median real estate taxes$3,031 (±$151)$3,702 (±$151)+22.1%No measurable change after inflation
Households that rent37.0% (±2.4 points)36.0% (±2.5 points)−1.0 percentage pointsNot a measurable change
Rental vacancy rate4.8% (±2.7 points)7.5% (±3.7 points)+2.7 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Cedar Falls

In 2025, the Cedar Falls Police Department reported 135 violent and 1,132 property crimes per 100,000 residents to the FBI.

Across Black Hawk County, the departments that report recorded 288 violent and 1,760 property crimes per 100,000 residents that year.

ZIP codes in Cedar Falls

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
5061323%43,867$1,202$270,800$78,503

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Cedar Falls

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Waterloo5.5 mi$923$152,60037.9%
Hudson5.8 mi$947$242,7009.9%
Janesville8.8 mi$717$221,7008.6%
New Hartford9.2 mi$875$114,70015.9%
Dike9.5 mi$711$247,80011.4%
Evansdale10 mi$979$150,30039.2%
Elk Run Heights11 mi$1,125$171,2006.8%
Raymond12 mi$1,125$222,6006.5%

Places in Iowa most like Cedar Falls

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Hills$1,132$240,200$83,33335.8%
Pella$1,046$292,700$84,11137.5%
Waverly$1,057$223,300$80,28431.0%
Cedar Rapids$967$187,100$70,42431.5%
Le Mars$929$219,200$74,70138.5%
Rock Valley$1,142$231,200$76,25048.9%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Iowa.

HUD Fair Market Rent for Cedar Falls, fiscal year 2027

Waterloo-Cedar Falls, IA HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$763$838$1,096$1,401$1,832

HUD income limits for Cedar Falls, fiscal year 2026

Waterloo-Cedar Falls, IA HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$19,800$32,950$52,750
2 people$22,600$37,650$60,250
3 people$27,320$42,350$67,800
4 people$33,000$47,050$75,300
5 people$38,680$50,850$81,350
6 people$44,360$54,600$87,350
7 people$50,040$58,350$93,400
8 people$55,720$62,150$99,400

These are the limits HUD sets for its housing programs in the Waterloo-Cedar Falls, IA HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $91,000.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cedar Falls

What is the average rent in Cedar Falls, IA?

The Census Bureau publishes the median rather than the average: the median gross rent in Cedar Falls is $1,203 (±$52) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Cedar Falls?

The median gross rent for a one-bedroom home in Cedar Falls, IA is $897 (±$83) a month (2020–2024 American Community Survey).

Are renters in Cedar Falls rent-burdened?

57.5% of renting households in Cedar Falls pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Cedar Falls?

Cedar Falls has an estimated 5,733 (±475) renting households, 36.0% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Cedar Falls?

The median household income in Cedar Falls is $76,987 (±$5,036) a year (2020–2024 American Community Survey).

What is the average home value in Cedar Falls, IA?

The Census Bureau publishes the median: $263,600 (±$13,449) for owner-occupied homes in Cedar Falls (2020–2024 American Community Survey).

Is Cedar Falls growing?

In Cedar Falls, the number of residents went from 40,983 in 2015–2019 to 40,888 in 2020–2024 (−0.2%), a measurable decrease.

What ZIP codes are in Cedar Falls?

The ZIP code that covers Cedar Falls is 50613.

What is the median rent in ZIP code 50613?

The median gross rent in ZIP Code Tabulation Area 50613 is $1,202 (±$52) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cedar Falls city, Iowa (place:11755, in state:19).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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