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 440
126 20TH ST NE
Rent To Own
Mound View
Single Family Home
Cedar Rapids, IA 52402
4
2
1596 ft2
1918
Hot
1159 K AVE NW
Rent To Own
Northwest Area
Single Family Home
Cedar Rapids, IA 52405
3
1
925 ft2
1895
Hot
1 of 31 90 PARTRIDGE AVE
Rent To Own
 
Single Family Home
Marion, IA 52302
4
4
2958 ft2
2000
1 of 32 778 ARCHER DR
Rent To Own
 
Single Family Home
Marion, IA 52302
4
3
2317 ft2
2016
1 of 21 800 19TH ST SE
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52403
5
2
2346 ft2
1914
Hot New
1 of 34 116 HANOVER RD SW
Rent To Own
Cedar Hills
Single Family Home
Cedar Rapids, IA 52404
4
1
1500 ft2
1970
New
1 of 57 2925 CEDAR RIDGE DR NE
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52402
5
4
3719 ft2
2000
New
1 of 16 6629 TERRAZZO DR NW
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52405
4
3
2518 ft2
1982
Hot
1013 12TH ST NE
Rent To Own
Cedar Lake
Single Family Home
Cedar Rapids, IA 52402
2
1
640 ft2
1915
New
1 of 14 1416 ACACIA DR NE
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52402
3
4
2588 ft2
1999
Hot
1 of 60 1796 TIMBER RIDGE DR
Rent To Own
 
Single Family Home
Cedar Rapids, IA 52403
4
3
2691 ft2
1977
1 of 14 230 ALAN AVE SW
Rent To Own
 
Single Family Home
Swisher, IA 52338
4
3
2384 ft2
1994
1 of 9 1478 BURR DR
Rent To Own
Wickham
Townhouse/Condo
North Liberty, IA 52317
3
3
1466 ft2
2008
1 of 16 750 N 7TH ST
Rent To Own
 
Single Family Home
Central City, IA 52214
4
2
1666 ft2
2016
1 of 25 233 CHERRY LN
Rent To Own
 
Single Family Home
Tiffin, IA 52340
4
3
2497 ft2
2009
Hot
1 of 17 24 COLWYN CT
Rent To Own
Mann
Single Family Home
Iowa City, IA 52245
2
2
1484 ft2
1999
Hot
1 of 10 24617 110TH ST
Rent To Own
 
Single Family Home
Anamosa, IA 52205
3
3
2298 ft2
2013
1 nowhere
Rent To Own
Mann
Multifamily (2 - 4 Units)
Nowwhere City, IA 52240
4
1
2214 ft2
1916
1 of 8 1107 E BURLINGTON ST
Rent To Own
Longfellow
Single Family Home
Iowa City, IA 52240
3
2
1741 ft2
1900
1 of 19 323 Oberlin St
Rent To Own
Lemme
Multifamily (2 - 4 Units)
Iowa City, IA 52240
3
2
866 ft2
1974
Hot
1 of 33 112 W VINTON ST
Rent To Own
 
Single Family Home
Coggon, IA 52218
3
1
980 ft2
1940
1 of 10 5240 FAIRVIEW CEMETERY RD NE
Rent To Own
 
Single Family Home
Iowa City, IA 52240
5
4
4886 ft2
2005
Hot
1 of 27 229 CAYMAN ST
Rent To Own
Lemme
Single Family Home
Iowa City, IA 52245
4
4
2248 ft2
1991
Hot
1 of 23 2819 BROOKSIDE DR
Rent To Own
Lucas
Single Family Home
Iowa City, IA 52245
3
2
1812 ft2
1964
Hot
1 of 12 2223 BALSAM CT
Rent To Own
Twain
Single Family Home
Iowa City, IA 52240
3
3
2815 ft2
1993
1 of 49 4365 NUTWOOD DR SW
Rent To Own
Hills
Single Family Home
Iowa City, IA 52240
4
4
4353 ft2
2006
305 Deerwood Dr
Rent To Own
 
Single Family Home
Anamosa, IA 52205
2
2
924 ft2
1983
427 Jordan Dr
Rent To Own
 
Single Family Home
Anamosa, IA 52205
2
2
1064 ft2
1992
Hot
1 of 3 191 1ST ST W
Rent To Own
 
Single Family Home
Riverside, IA 52327
3
1
2213 ft2
1880
1 of 10 1002 MADALYN CT
Rent To Own
 
Single Family Home
Monticello, IA 52310
3
2
2106 ft2
2014
Hot
1 of 23 2151 145TH AVE
Rent To Own
 
Single Family Home
Manchester, IA 52057
2
1
1204 ft2
2010
1092 Walnut Avenue
Rent To Own
 
Multifamily (2 - 4 Units)
Riverside, IA 52327
2
2
950 ft2
2009
New
1738 D AVE NE
Auction
Mound View
Single Family Home
Cedar Rapids, IA 52402
5
3
2202 ft2
1880
1 of 12 2418 8TH AVE SW
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52404
3
1
1031 ft2
1952
New
1 of 2 1010 30TH ST NE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52402
3
1
1302 ft2
1960
New
1132 PRAIRIE DR NE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52402
3
2
1262 ft2
1950
New
159 15TH ST SW
Pre-Foreclosure (Lis Pendens)
Taylor
Single Family Home
Cedar Rapids, IA 52404
4
3
1484 ft2
1941
New
2068 BROOKLAND DR NE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52402
4
2
1079 ft2
1966
New
2101 HAVEN CT SW
Pre-Foreclosure (Lis Pendens)
Southwest Area
Single Family Home
Cedar Rapids, IA 52404
3
2
1666 ft2
1953
New
1 of 5 227 BROADMORE RD SW
Auction
Cedar Hills
Single Family Home
Cedar Rapids, IA 52404
4
2
906 ft2
1972
New
1 of 81 2514 A AVE NE
Auction
 
Single Family Home
Cedar Rapids, IA 52402
3
2
1328 ft2
1939
New
2641 BEVER AVE SE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cedar Rapids, IA 52403
2
1
1780 ft2
1937
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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.