Cedar Rapids, IA Metro Area - Investment Guide

Metro Area • 40 Cities • 47 ZIP Codes

Avg Home Value $281,583
Avg Monthly Rent $983
Avg Cap Rate 2.98%
Avg Investability 3.0 ★
Cities 40
ZIP Codes 47

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🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
❄️
COOL MARKET
Cedar Rapids, IA Metro Area
More inventory, negotiating room for buyers
41 days
Average time to sell
Average
10.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions data as of August 29, 2026 — updated weekly

Best ZIP codes in Cedar Rapids, IA

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Cedar Rapids, IA

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
52401 Cedar Rapids IA $125,363 $1,311 8.15% 5.0 ★
52401 Cedar Rapids IA $123,279 $1,369 8.66% 5.0 ★
52401 Cedar Rapids IA $122,567 $1,369 8.71% 5.0 ★
52401 Cedar Rapids IA $123,841 $1,364 8.59% 5.0 ★
52401 Cedar Rapids IA $120,064 $1,231 8.00% 4.0 ★
52212 Center Junction IA $202,377 $864 3.33% 3.0 ★
52306 Mechanicsville IA $222,987 $1,026 3.59% 3.0 ★
52341 Toddville IA $405,216 $990 1.91% 3.0 ★
52225 Elberon IA $227,852 $945 3.23% 3.0 ★
52315 Newhall IA $245,744 $828 2.63% 3.0 ★
52351 Walford IA $348,804 $1,278 2.86% 3.0 ★
52205 Anamosa IA $242,260 $999 3.22% 3.0 ★
52253 Lisbon IA $296,143 $900 2.37% 3.0 ★
52323 Oxford Junction IA $129,104 $828 5.00% 3.0 ★
52402 Cedar Rapids IA $203,263 $1,283 4.92% 3.0 ★
52206 Atkins IA $345,282 $828 1.87% 3.0 ★
52257 Blairstown IA $304,760 $918 2.35% 3.0 ★
52324 Palo IA $352,621 $1,017 2.25% 3.0 ★
52403 Cedar Rapids IA $206,304 $1,256 4.75% 3.0 ★
52213 Center Point IA $326,243 $1,062 2.54% 3.0 ★
52309 Monmouth IA $274,165 $864 2.46% 3.0 ★
52345 Center Point IA $250,439 $846 2.63% 3.0 ★
52227 Ely IA $368,078 $999 2.12% 3.0 ★
52318 Norway IA $257,495 $1,152 3.49% 3.0 ★
52352 Walker IA $319,633 $828 2.02% 3.0 ★
52229 Garrison IA $261,329 $963 2.87% 3.0 ★
52320 Olin IA $176,083 $936 4.15% 3.0 ★
52354 Watkins IA $471,042 $936 1.55% 3.0 ★
52208 Belle Plaine IA $149,615 $828 4.32% 3.0 ★
52302 Marion IA $264,939 $884 2.60% 3.0 ★
52328 Robins IA $417,410 $1,071 2.00% 3.0 ★
52404 Cedar Rapids IA $199,901 $1,160 4.52% 3.0 ★
52214 Central City IA $300,410 $999 2.59% 3.0 ★
52310 Monticello IA $239,390 $828 2.70% 3.0 ★
52346 Van Horne IA $282,051 $1,080 2.99% 3.0 ★
52218 Coggon IA $244,469 $828 2.64% 3.0 ★
52313 Mount Auburn IA $248,954 $1,026 3.21% 3.0 ★
52349 Vinton IA $226,569 $828 2.85% 3.0 ★
52233 Hiawatha IA $257,465 $1,133 3.43% 3.0 ★
52321 Onslow IA $207,926 $846 3.17% 3.0 ★
52362 Wyoming IA $178,497 $828 3.62% 3.0 ★
52209 Blairstown IA $234,961 $900 2.99% 3.0 ★
52305 Martelle IA $277,358 $828 2.33% 3.0 ★
52332 Shellsburg IA $329,801 $1,008 2.38% 3.0 ★
52405 Cedar Rapids IA $208,780 $1,121 4.19% 3.0 ★
52411 Cedar Rapids IA $452,822 $936 1.61% 3.0 ★
52224 Dysart IA $255,412 $828 2.53% 3.0 ★
52314 Mount Vernon IA $349,951 $900 2.01% 3.0 ★
52351 Walford IA $320,530 $1,278 3.11% 3.0 ★
52202 Alburnett IA $310,335 $837 2.10% 3.0 ★
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About Cedar Rapids, IA Real Estate Market

The Cedar Rapids, IA metropolitan statistical area (MSA) encompasses 40 cities and 47 ZIP codes. The average home value across the metro is $281,583, with an average monthly rent of $983. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.