How much is a home worth in ZIP code 52402?

The typical home in 52402 is worth $203,263, based on the Zillow Home Value Index.

Are home values rising in 52402?

Home values in 52402 are up 2.8% over the past year, and up 5.3% a year over five years.

What is the typical rent in 52402?

A typical home in 52402 rents for about $1,283 a month, a gross rental yield of 7.6%.

What is the property tax rate in 52402?

The effective property tax rate in 52402 is 1.6% — roughly $3,337 a year on a typical home.

ZIP code 52402 has a population of 42,938 and a median household income of $73,439.

HousingHandbookReference data

…

U.S. ZIP Code · IA52402

Linn County · Cedar Rapids, IA

Typical home value

$203,263^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.8%
5-year / yr: +5.3%
10-year / yr: +4.7%

Relative price

vs U.S.: -28.4%
vs metro: -24.2%
vs state: ≈ state median

Price history

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

The typical home in 52402 is worth $203,263 — 24.2% below the Cedar Rapids, IA median. Over the past year, values have risen 2.8%. Homes here rent for a typical $1,283 a month — a 7.6% 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: $1,283^[2]
Gross yield: 7.6%^[2]
Cap rate: 4.5%^[2]

#Property tax

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

Effective tax rate: 1.6%^[3]
Typical annual tax: $3,337^[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: 42,938^[3]
Median household income: $73,439^[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: 7
Elementary: 6
Middle: 1
High: 0

Franklin Middle School
Middle · Grades 6–8 · Cedar Rapids Comm School District
532 students
Bowman Woods Elementary School
Elementary · Grades PK–4 · Linn-Mar Comm School District
432 students
Kenwood Leadership Academy School
Elementary · Grades PK–5 · Cedar Rapids Comm School District
403 students
Pierce Elementary School
Elementary · Grades K–5 · Cedar Rapids Comm School District
335 students
Wright Elementary School
Elementary · Grades PK–5 · Cedar Rapids Comm School District
282 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.

Home value$Monthly rent$

Gross yield7.6%

Net yield (after ~40% expenses)4.5%

Annual rent$15,395

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,028

Loan principal$162,611

Down payment$40,653

Total interest paid$207,401

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.15

Monthly cost to own$1,475

Monthly rent$1,283

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: 32nd percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 95th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 52402?: The typical home in 52402 is worth $203,263, based on the Zillow Home Value Index.
Are home values rising in 52402?: Home values in 52402 are up 2.8% over the past year, and up 5.3% a year over five years.
What is the typical rent in 52402?: A typical home in 52402 rents for about $1,283 a month, a gross rental yield of 7.6%.
What is the property tax rate in 52402?: The effective property tax rate in 52402 is 1.6% — roughly $3,337 a year on a typical home.
Who lives in 52402?: ZIP code 52402 has a population of 42,938 and a median household income of $73,439.

#Comparable ZIPs

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

52403 vs 52402 →
Cedar Rapids, IA
Typical home
$206,304
Gross yield
7.3%
52404 vs 52402 →
Cedar Rapids, IA
Typical home
$199,901
Gross yield
7.0%
52405
Cedar Rapids, IA
Typical home
$208,780
Gross yield
6.4%
52212
Center Junction CDP, IA
Typical home
$190,462
Gross yield
—
52321
Onslow, IA
Typical home
$218,801
Gross yield
—
52320
Olin, IA
Typical home
$184,249
Gross yield
—

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Pit ZIP 52402 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IA52402

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