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: 7.28% as of Oct 1 Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Cedar Rapids, IA Metro Area
Even conditions for buyers and sellers
30 days
Average time to sell
Fast
10.0%
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 September 19, 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 $123,841 $1,364 8.59% 5.0 ★
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 $120,064 $1,231 8.00% 4.0 ★
52214 Central City IA $278,717 $999 2.80% 3.0 ★
52309 Monmouth IA $279,139 $864 2.41% 3.0 ★
52345 Center Point IA $264,093 $846 2.50% 3.0 ★
52227 Ely IA $371,108 $999 2.10% 3.0 ★
52318 Norway IA $254,087 $1,152 3.54% 3.0 ★
52354 Watkins IA $420,657 $936 1.74% 3.0 ★
52206 Atkins IA $360,703 $828 1.79% 3.0 ★
52257 Blairstown IA $304,760 $918 2.35% 3.0 ★
52324 Palo IA $353,797 $1,017 2.24% 3.0 ★
52403 Cedar Rapids IA $209,556 $1,229 4.57% 3.0 ★
52208 Belle Plaine IA $157,092 $828 4.11% 3.0 ★
52302 Marion IA $264,939 $884 2.60% 3.0 ★
52328 Robins IA $419,708 $1,071 1.99% 3.0 ★
52404 Cedar Rapids IA $202,555 $1,207 4.65% 3.0 ★
52218 Coggon IA $232,048 $828 2.78% 3.0 ★
52310 Monticello IA $242,872 $828 2.66% 3.0 ★
52346 Van Horne IA $295,740 $1,080 2.85% 3.0 ★
52229 Garrison IA $269,807 $963 2.78% 3.0 ★
52320 Olin IA $172,626 $936 4.23% 3.0 ★
52362 Wyoming IA $158,402 $828 4.08% 3.0 ★
52233 Hiawatha IA $261,446 $1,138 3.39% 3.0 ★
52321 Onslow IA $206,448 $846 3.20% 3.0 ★
52401 Cedar Rapids IA $116,850 $873 5.83% 3.0 ★
52209 Blairstown IA $248,123 $900 2.83% 3.0 ★
52305 Martelle IA $277,358 $828 2.33% 3.0 ★
52332 Shellsburg IA $329,502 $1,008 2.39% 3.0 ★
52405 Cedar Rapids IA $211,864 $1,124 4.14% 3.0 ★
52224 Dysart IA $240,993 $828 2.68% 3.0 ★
52313 Mount Auburn IA $258,950 $1,026 3.09% 3.0 ★
52349 Vinton IA $238,719 $828 2.71% 3.0 ★
52351 Walford IA $334,437 $1,278 2.98% 3.0 ★
52202 Alburnett IA $308,923 $837 2.11% 3.0 ★
52249 Keystone IA $305,828 $1,071 2.73% 3.0 ★
52323 Oxford Junction IA $113,821 $828 5.67% 3.0 ★
52402 Cedar Rapids IA $198,181 $1,158 4.56% 3.0 ★
52212 Center Junction IA $190,462 $864 3.54% 3.0 ★
52306 Mechanicsville IA $215,899 $1,026 3.71% 3.0 ★
52336 Springville IA $294,129 $1,008 2.67% 3.0 ★
52411 Cedar Rapids IA $452,825 $936 1.61% 3.0 ★
52225 Elberon IA $225,383 $945 3.27% 3.0 ★
52314 Mount Vernon IA $357,957 $900 1.96% 3.0 ★
52227 Ely IA $356,233 $999 2.19% 3.0 ★
52315 Newhall IA $267,428 $828 2.42% 3.0 ★
52352 Walker IA $308,151 $828 2.10% 3.0 ★
52205 Anamosa IA $268,669 $999 2.90% 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.