Home prices
The median home in Riverside costs $152,400. Compared to the surrounding areas it is roughly $21,520 (12%) lower.It is approximately $65,100 (29%) lower in comparison to the rest of the nation, and in comparison to the city of Cedar Rapids it is about $10,600 (7%) higher.
Rents
In Riverside the median rent is $705 a month. In comparison to nearby areas this is approximately $253 (26%) lower.Compared to the rest of the country it is about $357 (33%) lower, and in comparison to the city of Cedar Rapids it is roughly $62 (8%) lower.
Nearby places
Hills
Hills is roughly 4 miles north from Riverside. Its housing prices are fairly similar. The median home in Hills is valued at $158,600, which comes out to $6,200 (3%) higher than Riverside. Rent there is a little more expensive. In Hills the median monthly rent is $990, which comes out to $285 (28%) higher than Riverside.
Lone Tree
Lone Tree is roughly 5 miles east from Riverside. Its housing prices are fairly similar. The median home in Lone Tree costs $156,200, which comes out to $3,800 (2%) higher than Riverside. The rent there is pretty similar. Lone Tree's median rent is $695 a month, which is $10 (1%) lower than Riverside.
Kalona
Kalona is roughly 6 miles west of Riverside. The housing prices there are a little more expensive. Kalona's median home value is $162,800, which is $10,400 (6%) higher than Riverside. Rents there are a little more expensive. In Kalona the median rent is $753 a month, which is $48 (6%) higher than Riverside.
University Heights
University Heights is approximately 10 miles north from Riverside. Its housing prices are substantially more expensive. The price of the median home in University Heights is $295,700, which is $143,300 (48%) higher than Riverside. The rent there is a lot more expensive. University Heights's median rent is $1,500 a month, which is $795 (53%) higher than Riverside.
Nichols
Nichols is approximately 10 miles east from Riverside. Housing prices there are significantly less expensive. The median home value in Nichols is $96,300, which works out to $56,100 (58%) lower than Riverside. The rent there is a bit more expensive. In Nichols the median rent is $850 a month, which works out to $145 (17%) higher than Riverside.
