What is the rental vacancy rate in Cedar Falls, IA?

The rental vacancy rate in Cedar Falls, IA is 7.5% (±3.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.9% (±0.8 points).

896 (±275) homes, 5.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Cedar Falls, the rental vacancy rate went from 4.8% in 2015–2019 to 7.5% in 2020–2024 (+2.7 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
7.5% (±3.7 points)
Homeowner vacancy rate
0.9% (±0.8 points)
Vacant homes
896 (±275)

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

Estimate (90% margin of error)
Cedar FallsBlack Hawk CountyIowaUnited States
Rental vacancy rate7.5% (±3.7 points)6.5% (±1.4 points)5.7% (±0.3 points)5.5%
Homeowner vacancy rate0.9% (±0.8 points)1.3% (±0.6 points)0.8% (±0.1 points)0.9%
Vacant housing units896 (±275)4,428 (±541)121,992 (±3,789)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Cedar Falls, the rental vacancy rate is not measurably different from Black Hawk County (6.5%).

It is not measurably different from Iowa (5.7%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Cedar Falls

Nearest places with a published estimate, compared with Cedar Falls
PlaceDistanceRental vacancy rateCompared with this place
Cedar Falls—7.5% (±3.7 points)—
Waterloo5.5 mi6.4% (±1.6 points)Not measurably different
Hudson5.8 mi0.0% (±19.4 points)Not measurably different
Janesville8.8 mi0.0% (±46.7 points)Not measurably different
New Hartford9.2 mi14.9% (±22.7 points)Not measurably different
Dike9.5 mi12.9% (±18.7 points)Not measurably different
Evansdale10 mi0.0% (±2.9 points)Lower
Elk Run Heights11 mi0.0% (±47.5 points)Not measurably different
Raymond12 mi0.0% (±55.5 points)Not measurably different

Nearby places with a measurably lower figure: Evansdale, IA (0.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Black Hawk County, place by place

RankPlaceRental vacancy rate
1Dunkerton20.0% (±23.9 points)
2Gilbertville11.3% (±16.3 points)
3La Porte City9.6% (±11.7 points)
4Cedar Falls7.5% (±3.7 points)
5Waterloo6.4% (±1.6 points)
6 (tie)Elk Run Heights0.0% (±47.5 points)
6 (tie)Evansdale0.0% (±2.9 points)
6 (tie)Hudson0.0% (±19.4 points)
6 (tie)Raymond0.0% (±55.5 points)

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

Is it hard to find a rental in Cedar Falls?

The rental vacancy rate in Cedar Falls, IA is 7.5% (±3.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Cedar Falls tighter than it was?

In Cedar Falls, the rental vacancy rate went from 4.8% in 2015–2019 to 7.5% in 2020–2024 (+2.7 percentage points), not a measurable change.

How many homes are vacant in Cedar Falls?

An estimated 896 (±275) housing units, 5.3% of the total, including seasonal homes and homes waiting to be sold or rented.

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 DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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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