How much is a home worth in ZIP code 52403?

The typical home in 52403 is worth $206,304, based on the Zillow Home Value Index.

Are home values rising in 52403?

Home values in 52403 are up 1.6% over the past year, and up 4.5% a year over five years.

What is the typical rent in 52403?

A typical home in 52403 rents for about $1,256 a month, a gross rental yield of 7.3%.

What is the property tax rate in 52403?

The effective property tax rate in 52403 is 1.5% — roughly $3,023 a year on a typical home.

ZIP code 52403 has a population of 22,551 and a median household income of $74,703.

HousingHandbookReference data

…

U.S. ZIP Code · IA52403

Linn County · Cedar Rapids, IA

Typical home value

$206,304^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.6%
5-year / yr: +4.5%
10-year / yr: +4.4%

Relative price

vs U.S.: -27.4%
vs metro: -23.1%
vs state: ≈ state median

Price history

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

The typical home in 52403 is worth $206,304 — 23.1% below the Cedar Rapids, IA median. Over the past year, values have risen 1.6%. Homes here rent for a typical $1,256 a month — a 7.3% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent: $1,256^[2]
Gross yield: 7.3%^[2]
Cap rate: 4.4%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $3,023^[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: 22,551^[3]
Median household income: $74,703^[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: 5
Elementary: 3
Middle: 1
High: 1

George Washington High School
High · Grades 9–12 · Cedar Rapids Comm School District
1,233 students
McKinley STEAM Academy
Middle · Grades 6–8 · Cedar Rapids Comm School District
414 students
Grant Wood Elementary School
Elementary · Grades PK–5 · Cedar Rapids Comm School District
356 students
Johnson STEAM Academy School
Elementary · Grades K–5 · Cedar Rapids Comm School District
343 students
Erskine Elementary School
Elementary · Grades K–5 · Cedar Rapids Comm School District
280 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 yield7.3%

Net yield (after ~40% expenses)4.4%

Annual rent$15,070

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$1,043

Loan principal$165,044

Down payment$41,261

Total interest paid$210,504

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 ratio1.17

Monthly cost to own$1,468

Monthly rent$1,256

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: 9th percentile^[1]
Rental yield: 80th percentile^[2]
Property tax: 80th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 52403?: The typical home in 52403 is worth $206,304, based on the Zillow Home Value Index.
Are home values rising in 52403?: Home values in 52403 are up 1.6% over the past year, and up 4.5% a year over five years.
What is the typical rent in 52403?: A typical home in 52403 rents for about $1,256 a month, a gross rental yield of 7.3%.
What is the property tax rate in 52403?: The effective property tax rate in 52403 is 1.5% — roughly $3,023 a year on a typical home.
Who lives in 52403?: ZIP code 52403 has a population of 22,551 and a median household income of $74,703.

#Comparable ZIPs

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

52405 vs 52403 →
Cedar Rapids, IA
Typical home
$208,780
Gross yield
6.4%
52402 vs 52403 →
Cedar Rapids, IA
Typical home
$203,263
Gross yield
7.6%
52404
Cedar Rapids, IA
Typical home
$199,901
Gross yield
7.0%
52321
Onslow, IA
Typical home
$218,801
Gross yield
—
52212
Center Junction CDP, IA
Typical home
$190,462
Gross yield
—
52320
Olin, IA
Typical home
$184,249
Gross yield
—

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Pit ZIP 52403 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IA52403

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