Rent to own Homes in Cedar Rapids, IA

Cedar Rapids has produced one of the greatest American artists in Grant Wood and two genuine Hollywood megastars in Ashton Kutcher and Elijah Wood, but there's much more to this city than its famous sons. A highly respected public school system, good transport links and a respect for different cultures make this a great city in which to work and live. Oh, and it's also an international powerhouse when it comes corn processing.

Cedar Rapids, IA is a great place for affordable rent-to-own homes! With a median household income of over $60,787 and a median rent of $791, the Cedar Rapids, IA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Cedar Rapids, IA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Cedar Rapids, IA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 418
126 20TH ST NE
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Rent To Own
Mound View
Single Family Home
Cedar Rapids, IA 52402
4
2
1596 ft2
1918
5106 DOSTAL DR SW
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Rent To Own
 
Single Family Home
Cedar Rapids, IA 52404
4
3
2340 ft2
2023
Hot
1796 TIMBER RIDGE DR
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Rent To Own
 
Single Family Home
Cedar Rapids, IA 52403
4
3
2691 ft2
1977
New
50 W Broadway Street
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Rent To Own
 
Multifamily (2 - 4 Units)
Central City, IA 52214
1
1
5000 ft2
1960
305 Deerwood Dr
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Rent To Own
 
Single Family Home
Anamosa, IA 52205
2
2
924 ft2
1983
Hot
191 1ST ST W
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Rent To Own
 
Single Family Home
Riverside, IA 52327
3
1
2213 ft2
1880
Hot
1818 PARK AVE SE
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Rent To Own
Wellington Heights
Single Family Home
Cedar Rapids, IA 52403
2
2
1052 ft2
1923
1223 WOLF DR NW
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Auction
 
Single Family Home
Cedar Rapids, IA 52405
3
2
1400 ft2
2002
1411 C ST SW
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Auction
 
Single Family Home
Cedar Rapids, IA 52404
3
1
1380 ft2
1892
1 of 23 1015 10TH AVE SE
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REO Foreclosure
Oakhill Jackson
Single Family Home
Cedar Rapids, IA 52401
2
1
916 ft2
1890
1728 TEXAS AVE NE
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Auction
 
Single Family Home
Cedar Rapids, IA 52402
3
1
881 ft2
1957
1902 BOWLING ST SW
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Auction
Southwest Area
Single Family Home
Cedar Rapids, IA 52404
2
1
1042 ft2
1900
1 of 4 215 RIDGE CT
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Auction
 
Single Family Home
Marion, IA 52302
4
1
1211 ft2
1961
513 BLUE HERON CT NE
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Auction
 
Single Family Home
Cedar Rapids, IA 52402
3
3
1800 ft2
1996
628 SOUTTER AVENUE CT SE
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Auction
 
Single Family Home
Cedar Rapids, IA 52403
3
2
1248 ft2
1965
1 of 23 1248 29TH ST NE
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Auction
 
Single Family Home
Cedar Rapids, IA 52402
3
2
1104 ft2
1954
1500 4TH AVE SE
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REO Foreclosure
Wellington Heights
Single Family Home
Cedar Rapids, IA 52403
3
2
1558 ft2
1905
870 OAKLAND RD NE
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REO Foreclosure
 
Single Family Home
Cedar Rapids, IA 52402
2
2
1154 ft2
1917
2600 C AVE NE
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REO Foreclosure
 
Single Family Home
Cedar Rapids, IA 52402
2
2
1144 ft2
1929
1034 35TH ST NE
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Auction
Kenwood Park
Single Family Home
Cedar Rapids, IA 52402
3
1
1239 ft2
1950
1 of 15 415 35TH ST SE
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Auction
 
Single Family Home
Cedar Rapids, IA 52403
3
1
1125 ft2
1956
1103 31ST ST NE
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Auction
 
Single Family Home
Cedar Rapids, IA 52402
3
1
1116 ft2
1950
1 of 4 3160 26TH AVE
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Auction
 
Single Family Home
Marion, IA 52302
4
3
2092 ft2
1979
4519 NAVAJO DR NE
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Auction
Noelridge Park
Single Family Home
Cedar Rapids, IA 52402
4
1
967 ft2
1965
1692 50TH ST UNIT 1692
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Auction
 
Townhouse/Condo
Marion, IA 52302
3
3
1378 ft2
507 SE Fairview Drive
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REO Foreclosure
 
Single Family Home
Cedar Rapids, IA 52403
4
4
1893 ft2
1914
510 KNOLLWOOD DR SE
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Auction
 
Single Family Home
Cedar Rapids, IA 52403
5
6
4589 ft2
1915
620 COLTON CIRCLE NE 7B
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Auction
 
Townhouse/Condo
Cedar Rapids, IA 52402
2
1
894 ft2
2152 C ST SW
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Auction
Southwest Area
Single Family Home
Cedar Rapids, IA 52404
3
1
1116 ft2
1947
414 15TH ST SE
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Auction
Wellington Heights
Single Family Home
Cedar Rapids, IA 52403
3
1
1248 ft2
1905
4663 MALLARD CT
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REO Foreclosure
 
Townhouse/Condo
Marion, IA 52302
2
2
1176 ft2
2004
1820 DALEVIEW DR
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Auction
 
Single Family Home
Marion, IA 52302
3
2
1302 ft2
1972
1 of 24 210 34TH STREET DR SE
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REO Foreclosure
Kenwood Park
Single Family Home
Cedar Rapids, IA 52403
4
2
1510 ft2
1905
1 of 7 4323 OZARK ST NE
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REO Foreclosure
Noelridge Park
Single Family Home
Cedar Rapids, IA 52402
3
2
1055 ft2
1959
1 of 11 433 DUNREATH DR NE
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Auction
Mound View
Single Family Home
Cedar Rapids, IA 52402
2
1
1021 ft2
1949
4803 FOXTAIL CT
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REO Foreclosure
 
Townhouse/Condo
Marion, IA 52302
2
2
1400 ft2
2005
6828 BOXWOOD LN NE
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Auction
 
Single Family Home
Cedar Rapids, IA 52402
4
1
1109 ft2
1977
1 of 8 1519 4TH AVE SE
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REO Foreclosure
Wellington Heights
Single Family Home
Cedar Rapids, IA 52403
5
2
1768 ft2
1919
1 of 5 2225 MOUNT VERNON RD SE
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Auction
 
Single Family Home
Cedar Rapids, IA 52403
3
1
937 ft2
1946
109 E WILLMAN ST
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Auction
 
Single Family Home
Hiawatha, IA 52233
3
2
936 ft2
1957
1770 WINDING CREEK DR
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Auction
 
Single Family Home
Marion, IA 52302
3
4
2085 ft2
2004
1829 B AVE NE
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Auction
Mound View
Single Family Home
Cedar Rapids, IA 52402
4
2
2349 ft2
1905
2657 FRUITLAND BLVD SW
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REO Foreclosure
Southwest Area
Single Family Home
Cedar Rapids, IA 52404
2
1
720 ft2
1962
3030 DIAMOND LN
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REO Foreclosure
 
Single Family Home
Cedar Rapids, IA 52403
3
5
2542 ft2
1998
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Buying a Home in Cedar Rapids, IA

Cedar Rapids, IA is seeing rapid growth and Cedar Rapids, IA's' housing market remains optimal with an average home price that is -34% below the 2024 national average. Cedar Rapids, IA is part of Linn county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Linn is 1.38% which is above the national average, which is 0.99%.

Median Home Price in Cedar Rapids, IA

Median Rent in Cedar Rapids, IA

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Cedar Rapids IA

Housing in Cedar Rapids Homes for rent are fairly abundant in Cedar Rapids with just over 29 percent of the population renting. 7.4 percent of the remaining homes are vacant and many of these are available as rent to own homes. Every year plenty of new homes for sale arrive on the market thanks to a 21 percent annual residential turnover. However, the number of house sales has dipped drastically in first quarter 2013, reaching a low of 314, down from 499 a year before. This decrease hasn't affected the average sale price of a home, however, which has remained resilient at $162,000.

Outdoor Activities With a name like Cedar Rapids you'd be forgiven for expecting some water-based fun in the city and that's exactly what's on offer at the Seatasea Watersports Center. The Center is a store that sells all sorts of equipment for a range of watersports but they also offer kayaking and scuba diving courses. Their scuba diving instructors are PADI accredited (Professional Assocation of Diving Instructors) so you can be confident you'll feel just as comfortable under the water as out of it in no time. If you find you take to kayaking like a duck to water you can hire one at the nearby Lake Macbride State Park -- bigger boats are available for those that desire extra stability. The park is also a great place to go fishing, enjoy scenic walks or perhaps just have a picnic.

Arts and Culture The arts play an important part in the life of Cedar Rapids' residents. The Cedar Rapids Symphony Orchestra was established in 1923 and performs both fine art and popular pieces. Known today as simply Orchestra Iowa, the orchestra performs at a number of venues including the Paramount Theatre, Iowa City West High School and Brucemore, a community cultural center that also hosts outdoor theater shows and festivals. Even on non-event days, exploring the home and its gardens is a great way to spend an afternoon.

Local Sports Cedar Rapids is represented by a professional indoor football known as the Cedar Rapids Titans and the Cedar Rapids Kernels, a minor league baseball team. The Titans joined the Indoor Football League as recently as 2012, and the city has been quick to get behind their new team, helping them finish third in the league for overall attendance. Support should only increase when their home games are moved from the Cedar Rapids Ice Arena to the U.S. Cellular Center for the start of the 2014 season. The Cedar Rapids Kernels, who have played in the Midwest League since 1962 haven't won a league title since 1994. If you want to be cheering them on the next time they manage to win you'll be doing it in fine surroundings -- they moved to their new home at the Veterans Memorial Stadium in 2002.

Tourist Attractions The jewel in Cedar Rapids' crown is the privately owned Cedar Rapids Museum of Art, which exhibits the largest collection of art by the Cedar Rapids natives Grant Wood and Marvin Cone. If you're inspired by what you find you can continue your journey at the nearby Grant Woods Studio, which is where the famous artist completed many of his most enduring works. While the museum and studio are must-see attractions there are other institutions that also deserve a look, the most notable of which is the National Czech and Slovak Museum and Library. Reopened in 2012 after flooding caused considerable damage to the building in 2008, the museum provides a considered and insightful look at the culture and history of these two countries.