HousingHandbookReference data

U.S. ZIP Code · IA52233

Linn County · Cedar Rapids, IA

Typical home value

$257,465[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.1%
5-year / yr
+5.6%
10-year / yr
+5.0%

Relative price

vs U.S.
-9.4%
vs metro
-4.0%
vs state
+25.8%
ZIP 52233 location in IA
Location of ZIP 52233 in IA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 52233 is worth $257,465 — 4.0% below the Cedar Rapids, IA median. Over the past year, values have risen 5.1%. Homes here rent for a typical $1,133 a month — a 5.3% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,133[2]
Gross yield
5.3%[2]
Cap rate
3.2%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.6%[3]
Typical annual tax
$4,245[3]

#Climate risk

FEMA National Risk Index ratings for Linn County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
7,000[3]
Median household income
$65,575[3]

#Migration

Household moves in and out of Linn County over a year, from IRS tax-return data.

Net migration
-89[5]
Moved in
4,935
Moved out
5,024

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
2
Middle
0
High
0
  • Hiawatha Elementary School

    Elementary · Grades PK–5 · Cedar Rapids Comm School District

    343 students

  • Nixon Elementary School

    Elementary · Grades PK–5 · Cedar Rapids Comm School District

    284 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.3%
Net yield (after ~40% expenses)3.2%
Annual rent$13,590

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,302
Loan principal$205,972
Down payment$51,493
Total interest paid$262,706

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.65
Monthly cost to own$1,870
Monthly rent$1,133

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
41st percentile[1]
Rental yield
0th percentile[2]
Property tax
98th percentile[3]

Frequently asked

How much is a home worth in ZIP code 52233?
The typical home in 52233 is worth $257,465, based on the Zillow Home Value Index.
Are home values rising in 52233?
Home values in 52233 are up 5.1% over the past year, and up 5.6% a year over five years.
What is the typical rent in 52233?
A typical home in 52233 rents for about $1,133 a month, a gross rental yield of 5.3%.
What is the property tax rate in 52233?
The effective property tax rate in 52233 is 1.6% — roughly $4,245 a year on a typical home.
Who lives in 52233?
ZIP code 52233 has a population of 7,000 and a median household income of $65,575.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Newhall, IA

    Typical home
    $259,904
    Gross yield
  • Anamosa, IA

    Typical home
    $254,255
    Gross yield
  • Garrison, IA

    Typical home
    $261,329
    Gross yield
  • Urbana, IA

    Typical home
    $264,093
    Gross yield
  • Blairstown, IA

    Typical home
    $248,123
    Gross yield
  • Norway, IA

    Typical home
    $268,115
    Gross yield

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