1905 Rainbow Dr, Cedar Falls, IA 50613
Property image
Property image
OFF MARKET

$227,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,653 sqft

1905 Rainbow Dr, Cedar Falls, IA 50613

Refinance Your Home
Currently Off Market - Sold Apr 29, 2022 for $197,000

Home Value

Trulia Estimate
$228K
Since last month
Decreased$2K (-0.8%)
Since last year
Increased$2K (+0.8%)
Since last sale
Increased$31K (+15.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +37% in the last 10 years
MonthEstimated value
2026
August 2026$228K
August 2026$228K
July 2026$230K
June 2026$233K
May 2026$233K
April 2026$229K
March 2026$227K
February 2026$224K
January 2026$223K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1916 Rainbow Dr, Cedar Falls, IA
0.04
Single-Family Home
$195,000
05/01/26
2
1.5
1,446
1830 Madison St, Cedar Falls, IA
0.03
Single-Family Home
$255,000
12/05/25
4
2
1,920
1917 Victory Dr, Cedar Falls, IA
0.22
Single-Family Home
$198,000
03/09/26
3
2
1,585
2021 Grand Blvd, Cedar Falls, IA
0.08
Single-Family Home
$270,000
04/30/26
3
1.5
1,480
1609 Rainbow Dr, Cedar Falls, IA
0.19
Single-Family Home
$237,000
01/15/26
4
2
1,764
1827 Rainbow Dr, Cedar Falls, IA
0.05
Single-Family Home
$185,000
06/25/26
4
1
1,315
1916 Ashland Ave, Cedar Falls, IA
0.08
Single-Family Home
$228,000
02/11/26
4
2
1,735
1421 Madison St, Cedar Falls, IA
0.28
Single-Family Home
$240,000
04/30/26
3
2
1,211
2203 Grand Blvd, Cedar Falls, IA
0.16
Single-Family Home
$325,000
05/22/26
3
1.5
1,864
2117 Rownd St, Cedar Falls, IA
0.16
Single-Family Home
$310,000
06/17/26
4
2
1,879

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1830 Madison St, Cedar Falls, IA 50613
0.03
$255,000
4
2
1,920
Recently Sold
1826 Madison St, Cedar Falls, IA 50613
0.05
$238,000
3
1
1,508
Off Market
1916 Rainbow Dr, Cedar Falls, IA 50613
0.04
$195,000
2
1.5
1,446
Recently Sold
1827 Rainbow Dr, Cedar Falls, IA 50613
0.05
$185,000
4
1
1,315
Recently Sold
2116 S Oak Ave, Cedar Falls, IA 50613
0.08
$284,300
4
2
2,352
Off Market
2021 Grand Blvd, Cedar Falls, IA 50613
0.08
$270,000
3
1.5
1,480
Recently Sold
1814 Madison St, Cedar Falls, IA 50613
0.08
$258,000
3
3
1,746
Off Market
2006 Ashland Ave, Cedar Falls, IA 50613
0.08
$229,900
4
1.5
1,465
For Sale
1916 Ashland Ave, Cedar Falls, IA 50613
0.08
$228,000
4
2
1,735
Recently Sold
1927 Ashland Ave, Cedar Falls, IA 50613
0.11
$149,000
2
2
1,033
Recently Sold
1727 Rainbow Dr, Cedar Falls, IA 50613
0.11
$264,400
3
2
1,576
Off Market

Local Information

  • Map ViewExplore the area around 1905 Rainbow Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1935
1,653 sqft
$138/sqft
Garage

About this House

Packed With Charm! This Great Home Located In Cedar Falls Is Loaded With Great Updated Spaces Inside And Out. Stepping Inside You'Re Greeted By A Charming Living Room That Features Lots Of Natural Light And Beautiful Original Hardwood Floors. This Space Flows Easily Into The Formal Dining Space. The Dining Area Provides A Great Place For Entertaining And Features A Stove Style Fireplace. Just Off The Dining Room Is The Kitchen Which Features Lots Of Cabinetry And Solid Surface Countertops. The Main Level Continues With A Spacious Bedroom, And An Updated Full Bathroom. Moving To The Upper Level You'Ll Love This Loft Style Space Which Provides Two Additional Bedrooms. The Finished Lower Level Offers More Great Spaces With A Family Room, A Convenient Laundry Room, A Full Bathroom And Lots Of Great Options For Storage. Outside, This Home Resides On A Spacious Lot With Mature Trees And Nicely Maintained Landscaping. The Fenced In Rear Yard Provides A Spacious Deck, Great Yard Space, A Fire Ring And A Detached, Two-Stall Garage. This Well Maintained Home Is The Perfect Fit With Plenty Of Room To Roam! Act Today!
1905 Rainbow Dr, Cedar Falls, IA 50613 is a 3 bedroom, 2 bathroom, 1,653 sqft single-family home built in 1935. It last sold for $197,000 on Apr 29, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $227,600, with a rent estimate of $1,935/month.

Home Details for 1905 Rainbow Dr

Interior Features

Interior Details
BasementAtticNumber of Rooms: 5Types of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: OtherFoundation Type: Concrete Block
Parking & Garage
GarageParking Spaces: 2Parking: Carport, Garage Detached

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: Single Family HomeArchitecture: A-frame

Lot Information

Lot Area: 8624 sqft

Price and Tax history

DateEventPrice
Apr 29, 2022
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20220952
Sold
$197,000
Mar 18, 2022
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20220952
Pending
$184,900
Mar 15, 2022
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20220952
Listed For Sale
$184,900
Dec 11, 2020
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20205483
Sold
$164,900
Oct 30, 2020
Source: Agent Provided
Pending
$164,900

Market trends in Cedar Falls

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$297K
$13.17KMoM
Sale-to-List Price
99.7%
0.4%MoM
Price per sq ft
$159
$0MoM
Available listings
158
9MoM

Around this home

What Locals Say about Cedar Falls

At least 133 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 88 % Say it's dog friendly

  • 82 % Say there are sidewalks

  • 80 % Say people would walk alone at night

  • 79 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 77 % Say parking is easy

  • 69 % Say kids play outside

  • 66 % Say streets are well-lit

  • 66 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 51 % Say there's wildlife

  • 43 % Say it's walkable to restaurants

  • 43 % Say they plan to stay for at least 5 years

  • 32 % Say it's walkable to grocery stores

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Joe Tjaden
    "There are plenty of parks for the kids to play. The neighbours are friendly and helpful if needed. The city is clean and offer a lot of outdoor activities."
    0
    Flag
  • Tlwellman912
    "Retired. Moved to Cedar Falls to be near grandchildren. Nice area, plenty to do. It’s always hard moving to a new place. Our neighbors are very nice. "
    1
    Flag
  • Trulia User
    "I drive myself around in my car. Commute is quite good and this is so a very safe area to live in. Nice place to raise a family "
    0
    Flag
  • Krieger.mck
    "Good walking trails that lead to dog park. Lots of space to run in the yard. Neighbor dogs are friendly. "
    1
    Flag
  • Phil A.
    "No public park with swing sets near by. Also I wouldn’t have kids next to the river. The schools are likely best I the country try."
    4
    Flag
  • Mark
    "I live in the downtown, a very active and interesting area. We have a great number of friends and pets in our area."
    0
    Flag
  • Nolan P.
    "The neighborhood can be quiet at times, no counting the loud cars. It's kid friendly however people drive their cars very fast and can be reckless. "
    1
    Flag
  • Carol B. R.
    "Its quiet, and we don’t have too much traffic. There are plenty of walking trails available. It’s an open layout with plenty of yard space for room to roam and play. "
    3
    Flag
  • Carol B. R.
    "This neighborhood is close to a park and connects to multiple trails that are great for walking, running, and biking. "
    0
    Flag
  • Marvm28
    "You can drive to anything in Cedar Falls in 15 minutes or less. I have no experience with public transportation. "
    1
    Flag
  • Carol B. R.
    "We have neighborhood garage sales. It’s a great way to meet other neighbors and intermingle with people from nearby neighborhoods. We have a playground within walking distance and lots of trails close by. "
    3
    Flag
  • Molly S.
    "Great neighborhood for young families. Easy to get to restaurants and kid's events. Basic neighborhood. "
    0
    Flag
  • Andrea h.
    "It's safe, the community is friendly, lots of bike trails and parks, family friendly as well as being a college town with a happening night scene. Top notch schools, excellent locally run utilities/high speed wifi. The only downside is we're next to a couple college rental houses, our stuff has been stolen from your yard and noise wakes up my kids at night. Also high property taxes."
    1
    Flag
  • Krieger m.
    "It’s quiet and peaceful. There are restaurants nearby. It’s a great place to raise a family with kids and pets"
    0
    Flag
  • Lwd
    "A surprisingly walkable area of Cedar Falls. You can bike or even walk along Waterloo Ave/12th St. to get to downtown Cedar Falls. You can also easily get to UNI, Hartman Reserve and other areas by biking. The neighborhood is quiet and friendly."
    0
    Flag
  • ebony3cats
    "I live and work in this area. Park like settings. Most lots are approx. an acre in this section. Deer , fox, ducks, woodchucks, hawks, birds."
    0
    Flag
  • jkbkjk
    "Everybody is kind and lovely people in general. The town is quiet but not desolate, and has something for everyone."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1905 Rainbow Dr

  • What is 1905 Rainbow Dr estimated to be worth?
    Trulia's estimated value for 1905 Rainbow Dr in Cedar Falls, IA is $227,600.
  • What is the price history for 1905 Rainbow Dr?
    1905 Rainbow Dr in Cedar Falls, IA last sold for $197,000 in April 2022.
  • Is Cedar Falls a buyer's or seller's market?
    Cedar Falls is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Cedar Falls?
    The median sale price in Cedar Falls is $297K. That is up $13.17K from the prior month.
  • Does 1905 Rainbow Dr have air conditioning?
    Yes, 1905 Rainbow Dr in Cedar Falls, IA has air conditioning.
  • How big is the lot at 1905 Rainbow Dr?
    The lot at 1905 Rainbow Dr in Cedar Falls, IA is about 0.20 acres (8,712 sq ft).

Explore by feature - Pet Friendly

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