State of Cedar Rapids Rental Market

[Matt McCurdy]

To all of those providing rental housing in the Cedar Rapids market, I'm curious to hear from YOU!

My team and I have witnessed an overall softening in the rental real estate market.  I've confirmed it with a few other local real estate investors the same sentiments.  What have you seen?

Early this year in 2025, we've had a few rental renewals where initially the tenant said "we aren't renewing," but ultimately have come back saying "they'll renew."  Something happened...I have suspicions the rental market is rebounding, but I don't have enough data to support my theory. 

What say you?