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

The rental vacancy rate in Cedar Rapids, IA is 9.7% (±1.8 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.6% (±0.2 points).

5,072 (±512) homes, 7.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Cedar Rapids, the rental vacancy rate went from 8.6% in 2015–2019 to 9.7% in 2020–2024 (+1.1 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
9.7% (±1.8 points)
Homeowner vacancy rate
0.6% (±0.2 points)
Vacant homes
5,072 (±512)

Vacancy in Cedar Rapids against Linn County, its state and the nation

Estimate (90% margin of error)
Cedar RapidsLinn CountyIowaUnited States
Rental vacancy rate9.7% (±1.8 points)9.4% (±1.7 points)5.7% (±0.3 points)5.5%
Homeowner vacancy rate0.6% (±0.2 points)0.7% (±0.2 points)0.8% (±0.1 points)0.9%
Vacant housing units5,072 (±512)7,504 (±577)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 Rapids, the rental vacancy rate is not measurably different from Linn County (9.4%).

It is also higher than in Iowa (5.7%).

It is higher than the national figure (5.5%).

Rental vacancy rate in places near Cedar Rapids

Nearest places with a published estimate, compared with Cedar Rapids
PlaceDistanceRental vacancy rateCompared with this place
Cedar Rapids—9.7% (±1.8 points)—
Fairfax5.7 mi18.1% (±25.2 points)Not measurably different
Hiawatha6.4 mi8.3% (±9.6 points)Not measurably different
Bertram7.3 mi0.0% (±65.0 points)Not measurably different
Marion7.3 mi10.0% (±5.0 points)Not measurably different
Ely7.5 mi8.0% (±12.3 points)Not measurably different
Robins7.9 mi0.0% (±24.6 points)Not measurably different
Shueyville8.3 mi0.0% (±100.0 points)Not measurably different
Swisher8.3 mi0.0% (±28.3 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

Rental vacancy rate across Linn County, place by place

RankPlaceRental vacancy rate
1Fairfax18.1% (±25.2 points)
2Marion10.0% (±5.0 points)
3Cedar Rapids9.7% (±1.8 points)
4Hiawatha8.3% (±9.6 points)
5Ely8.0% (±12.3 points)
6 (tie)Alburnett0.0% (±38.3 points)
6 (tie)Bertram0.0% (±65.0 points)
6 (tie)Center Point0.0% (±10.5 points)
6 (tie)Central City0.0% (±17.4 points)

Showing 9 of 17 places in Linn County, ranked from highest to lowest.

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 Rapids

Is it hard to find a rental in Cedar Rapids?

The rental vacancy rate in Cedar Rapids, IA is 9.7% (±1.8 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 Rapids tighter than it was?

In Cedar Rapids, the rental vacancy rate went from 8.6% in 2015–2019 to 9.7% in 2020–2024 (+1.1 percentage points), not a measurable change.

How many homes are vacant in Cedar Rapids?

An estimated 5,072 (±512) housing units, 7.9% 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 Rapids city, Iowa (place:12000, 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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