Home prices
The median home value in Urbana is $151,600. This is approximately $19,280 (14%) higher in comparison to its nearby areas.It is about $65,900 (30%) lower compared to the rest of the nation, and in comparison to the city of Cedar Rapids it is about $9,800 (6%) higher.
Rents
The median rent in Urbana is $637 per month. It is about $76 (10%) lower compared to nearby areas.Compared to the rest of the country it is about $425 (40%) lower, and is about $130 (16%) lower in comparison to the city of Cedar Rapids.
Nearby places
Center Point
Center Point is about 5 miles southeast of Urbana. Its real estate prices are somewhat more expensive. The median home in Center Point is valued at $164,200, which is $12,600 (7%) higher than Urbana. The rent there is somewhat more expensive. Center Point's median rent is $729 a month, which comes out to $92 (12%) higher than Urbana.
Walker
Walker is roughly 6 miles northeast from Urbana. The housing prices there are a bit less expensive. The median home in Walker is valued at $138,400, which works out to $13,200 (9%) lower than Urbana. Rent there is similar. The median rent in Walker is $625 a month, which comes out to $12 (1%) lower than Urbana.
Vinton
Vinton is roughly 7 miles southwest of Urbana. Real estate prices there are somewhat less expensive. The median home in Vinton is valued at $137,600, which comes out to $14,000 (10%) lower than Urbana. Rent there is fairly similar. Vinton's median rent is $657 per month, which comes out to $20 (3%) higher than Urbana.
Brandon
Brandon is approximately 7 miles northwest of Urbana. Its real estate prices are substantially less expensive. Brandon's median home cost is $68,100, which works out to $83,500 (122%) lower than Urbana. Rent there is somewhat more expensive. Brandon's median monthly rent is $783, which works out to $146 (18%) higher than Urbana.
Shellsburg
Shellsburg is about 8 miles south from Urbana. The real estate prices there are pretty similar. The price of the median home in Shellsburg is $153,300, which is $1,700 (1%) higher than Urbana. Its rents are a little more expensive. The median monthly rent in Shellsburg is $769, which works out to $132 (17%) higher than Urbana.