Home prices
The median home in Clarence is valued at $97,400. This is about $6,840 (7%) higher compared to nearby areas.Compared to the entire nation it is roughly $120,100 (55%) lower, and compared to the city of Cedar Rapids is approximately $44,400 (31%) lower.
Rents
Clarence's median rent is $532 per month. This is approximately $172 (24%) lower in comparison to the surrounding areas.It is roughly $530 (49%) lower compared to the rest of the country, and is about $235 (30%) lower in comparison to the city of Cedar Rapids.
Nearby places
Stanwood
Stanwood is roughly 4 miles west of Clarence. Its real estate prices are pretty similar. The median home in Stanwood costs $97,900, which is very similar to Clarence. Its rents are a bit more expensive. Stanwood's median rent is $754 per month, which is $222 (29%) higher than Clarence.
Lowden
Lowden is about 6 miles east of Clarence. The housing prices there are fairly similar. The price of the median home in Lowden is $98,800, which is $1,400 (1%) higher than Clarence. Its rents are a little more expensive. Lowden's median monthly rent is $745, which comes out to $213 (28%) higher than Clarence.
Oxford Junction
Oxford Junction is approximately 7 miles northeast from Clarence. Housing prices there are significantly less expensive. Oxford Junction's median home price is $52,500, which works out to $44,900 (85%) lower than Clarence. The rent there is a little more expensive. In Oxford Junction the median rent is $639 a month, which works out to $107 (16%) higher than Clarence.
Tipton
Tipton is about 8 miles south from Clarence. Its housing prices are a little more expensive. The cost of the median home in Tipton is $126,600, which is $29,200 (23%) higher than Clarence. Rents there are somewhat more expensive. The median monthly rent in Tipton is $606, which is $74 (12%) higher than Clarence.
Olin
Olin is roughly 8 miles northwest of Clarence. Real estate prices there are somewhat less expensive. The median home in Olin costs $77,000, which works out to $20,400 (26%) lower than Clarence. The rent there is a bit more expensive. Olin's median rent is $775 per month, which works out to $243 (31%) higher than Clarence.