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RE Intelligence

Rental numbers for the Cedar Rapids, IA metro

The typical home here runs -$839 a month at 7.78% with 25% down. 1 of 7 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.7%.

Gross yield
6.1%
typical home, Zillow
Median ZIP yield
6.7%
7 ZIPs with full data
Cash flow
-$839/mo
at 7.78%, 25% down
Typical price
$245,000
Zillow ZHVI, Aug 2026
Typical rent
$1,250/mo
Zillow ZORI, Aug 2026

ZIP codes in the metro

48 with published figures

52401Cedar Rapids$123,000$1,46314.3%8.0%+$156n/a
52404Cedar Rapids$202,000$1,4538.6%4.0%-$406+17.0%
52323Oxford Junction$130,000$920*8.5%3.2%-$353n/a
52402Cedar Rapids$204,000$1,2707.5%3.0%-$595+14.7%
52208Belle Plaine$162,000$920*6.8%2.5%-$538n/a
52405Cedar Rapids$210,000$1,1686.7%2.4%-$722+15.0%
52403Cedar Rapids$209,000$1,1446.6%2.3%-$729+9.6%
52320Olin$196,000$1,040*6.4%2.5%-$649n/a
52362Wyoming$180,000$920*6.1%2.2%-$638n/a
52306Mechanicsville$227,000$1,140*6.0%2.2%-$812n/a
52228Atkins$339,000$1,610*5.7%2.4%-$1,158n/a
52212Center Junction$206,000$960*5.6%2.1%-$755n/a
52318Norway$280,000$1,280*5.5%1.9%-$1,068n/a
52225Elberon$233,000$1,050*5.4%1.9%-$896n/a
52313Mount Auburn$262,000$1,140*5.2%2.1%-$956n/a
52302Marion$279,000$1,1785.1%1.1%-$1,246+11.8%
52205Anamosa$269,000$1,110*5.0%1.3%-$1,155n/a
52321Onslow$229,000$940*4.9%1.1%-$1,031n/a
52351Walford$347,000$1,420*4.9%1.4%-$1,454n/a
52209Blairstown$259,000$1,000*4.6%1.2%-$1,144n/a
52346Van Horne$311,000$1,200*4.6%1.4%-$1,319n/a
52336Springville$293,000$1,120*4.6%1.1%-$1,312n/a
52310Monticello$243,000$920*4.5%1.0%-$1,110n/a
52229Garrison$284,000$1,070*4.5%1.3%-$1,214n/a
52218Coggon$245,000$920*4.5%1.0%-$1,123n/a
52214Central City$300,000$1,110*4.4%1.0%-$1,358n/a
52349Vinton$249,000$920*4.4%0.7%-$1,191n/a
52249Keystone$324,000$1,190*4.4%1.3%-$1,396n/a
52213Center Point$326,000$1,180*4.3%0.9%-$1,516n/a
52224Dysart$255,000$920*4.3%0.7%-$1,231n/a
52233Hiawatha$262,000$9414.3%0.4%-$1,328n/a
52315Newhall$268,000$920*4.1%0.7%-$1,291n/a
52309Monmouth$281,000$960*4.1%1.2%-$1,235n/a
52345Center Point$275,000$940*4.1%0.4%-$1,393n/a
52332Shellsburg$333,000$1,120*4.0%0.5%-$1,650n/a
52324Palo$351,000$1,130*3.9%0.6%-$1,707n/a
52253Lisbon$312,000$1,000*3.9%0.3%-$1,613n/a
52305Martelle$300,000$920*3.7%0.5%-$1,501n/a
52202Alburnett$307,000$930*3.6%0.4%-$1,542n/a
52257Luzerne$342,000$1,020*3.6%0.4%-$1,744n/a
52227Ely$376,000$1,110*3.5%0.4%-$1,913n/a
52352Walker$318,000$920*3.5%0.3%-$1,636n/a
52328Robins$417,000$1,190*3.4%0.3%-$2,151n/a
52314Mount Vernon$356,000$1,000*3.4%0.1%-$1,900n/a
52341Toddville$438,000$1,100*3.0%0.2%-$2,303n/a
52206Atkins$372,000$920*3.0%-0.0%-$2,017n/a
52411Cedar Rapids$457,000$1,040*2.7%-0.5%-$2,648n/a
52354Watkins$466,000$1,040*2.7%0.2%-$2,441n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+3.9%
Rent, 12 months
+14.0%
Rent minus price growth
+10.1 pts
Property tax
1.32%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$196,783$900
Aug 2022$215,809$947
Aug 2023$223,409$990
Aug 2024$229,129$1,027
Aug 2025$236,257$1,097
Aug 2026$245,444$1,250

Counties

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Questions

Is the Cedar Rapids, IA metro good for rental property?
The typical home here runs -$839 a month at 7.78% with 25% down. 1 of 7 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.7%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
Which ZIP codes in the Cedar Rapids, IA metro have the highest rental yield?
52401 (Cedar Rapids) at 14.3%, 52404 (Cedar Rapids) at 8.6%, 52402 (Cedar Rapids) at 7.5%, on Zillow value and rent. The full table above sorts by any column.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.