Most Affordable ZIP Codes in Cedar Rapids, IA (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 52401 1% rule Cedar Rapids, IA $125,363 $1,311 8.15% 4.6%
2 52323 Oxford Junction, IA $126,334 $828 5.11% 3.5%
3 52208 Belle Plaine, IA $160,508 $828 4.02% 6.3%
4 52362 Wyoming, IA $178,497 $828 3.62% 5.7%
5 52320 Olin, IA $190,749 $936 3.83% 4.8%
6 52212 Center Junction, IA $202,377 $864 3.33% 4.5%
7 52404 Cedar Rapids, IA $204,287 $1,460 5.57% 5.5%
8 52402 Cedar Rapids, IA $206,932 $1,304 4.92% 5.2%
9 52403 Cedar Rapids, IA $211,406 $1,216 4.49% 4.6%
10 52405 Cedar Rapids, IA $213,754 $1,179 4.30% 5.4%
11 52321 Onslow, IA $225,924 $846 2.92% 6.6%
12 52306 Mechanicsville, IA $226,210 $1,026 3.54% 6.0%
13 52225 Elberon, IA $233,973 $945 3.15% 8.2%
14 52310 Monticello, IA $243,243 $828 2.66% 7.1%
15 52218 Coggon, IA $244,469 $828 2.64% 6.5%
16 52349 Vinton, IA $245,517 $828 2.63% 6.7%
17 52313 Mount Auburn, IA $253,620 $1,026 3.16% 7.0%
18 52224 Dysart, IA $255,412 $828 2.53% 6.4%
19 52209 Blairstown, IA $258,210 $900 2.72% 6.4%
20 52233 Hiawatha, IA $264,435 $932 2.75% 5.4%
21 52315 Newhall, IA $266,702 $828 2.42% 6.4%
22 52205 Anamosa, IA $268,669 $999 2.90% 6.2%
23 52345 Center Point, IA $272,348 $846 2.42% 6.7%
24 52318 Norway, IA $276,465 $1,152 3.25% 7.1%
25 52229 Garrison, IA $277,069 $963 2.71% 6.0%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →