Calculate using real Cedar Rapids data. Median home price: $185,000. Property tax rate: 1.6%.
The median home price in Cedar Rapids, IA is $185,000. With a 20% down payment, you would need $37,000 down and finance $148,000.
Based on the median home price of $185,000 with 20% down at a 6.5% rate, the estimated monthly payment (principal & interest) is approximately $935.
The median household income in Cedar Rapids, IA is $60,372, which impacts how much home you can afford.