Cost of Living in Cedar Falls
Cedar Falls' cost of living runs genuinely affordable, anchored by low rent and a property tax rate below Iowa's own statewide median.
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Learn moreGenuinely affordable rent
Cedar Falls' median rent ran approximately $1,207/month (March 2026), approximately 37% below the national average.
Housing close to the national median
Cedar Falls' average home value ran approximately $234,647 (up 6.5% YoY per Zillow), close to or modestly below the national median home value.
A property tax rate below Iowa's statewide median
Cedar Falls' effective property tax rate ran approximately 1.50% in Black Hawk County (its primary county), modestly below Iowa's statewide median of approximately 1.55%.
Key takeaways
- Rent runs genuinely affordable, approximately 37% below the national average.
- Housing runs close to the national median home value.
- Cedar Falls' property tax rate (~1.50%) runs modestly below Iowa's statewide median.
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