Cedar Rapids ranked as 'Best Place' for affordable homes

Cedar Rapids has been selected for a list of the “Best Places for Affordable Homes” by CNN and Money magazine.

The list, along with an article, photo, interactive map, median home price and median family income, was posted Wednesday, July 14, on http://money.cnn.com

Cedar Rapids was ranked No. 11 on the CNN/Money magazine list with a median home price of $120,500.  Only cities where there were more than 100 home sales in 2009, and that were experiencing job and population growth, were considered.

Des Moines was ranked No. 10 on the CNN/Money magazine list with a median home price of $100,000. Deerfield Beach, Fla., was ranked No. 1 on the same list.

No more than two places within a state and no more than one place within a county could qualify.

Cedar Rapids consistently ranks as one of the top communities in which to live, work, play and raise a family. Recent accolades Cedar Rapids and the surrounding communities have earned include being among the best places in America to live, educate children, do business, commute and volunteer.

Cedar Rapids was named one of “America's 10 Best Places to Grow Up” by U.S. News and World Report

, called one of the “Best Places for Business and Careers” by

Forbes magazine and was ranked #4 on a list of “Next Cities” with a population between 100,000 and 200,000 by Next Generation Consulting.