How much is a home worth in ZIP code 52404?

The typical home in 52404 is worth $199,901, based on the Zillow Home Value Index.

Are home values rising in 52404?

Home values in 52404 are up 3.3% over the past year, and up 5.3% a year over five years.

What is the typical rent in 52404?

A typical home in 52404 rents for about $1,160 a month, a gross rental yield of 7.0%.

What is the property tax rate in 52404?

The effective property tax rate in 52404 is 1.5% — roughly $3,034 a year on a typical home.

ZIP code 52404 has a population of 42,958 and a median household income of $61,870.

HousingHandbookReference data

…

U.S. ZIP Code · IA52404

Linn County · Cedar Rapids, IA

Typical home value

$199,901^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.3%
5-year / yr: +5.3%
10-year / yr: +5.0%

Relative price

vs U.S.: -29.6%
vs metro: -25.4%
vs state: -2.3%

Price history

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

The typical home in 52404 is worth $199,901 — 25.4% below the Cedar Rapids, IA median. Over the past year, values have risen 3.3%. Homes here rent for a typical $1,160 a month — a 7.0% 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: $1,160^[2]
Gross yield: 7.0%^[2]
Cap rate: 4.2%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $3,034^[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: 42,958^[3]
Median household income: $61,870^[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: 15
Elementary: 8
Middle: 3
High: 2

Thomas Jefferson High School
High · Grades 9–12 · Cedar Rapids Comm School District
1,575 students
Prairie Point
Middle · Grades 7–9 · College Comm School District
1,306 students
Prairie High School
High · Grades 10–12 · College Comm School District
1,271 students
Prairie Creek
Middle · Grades 5–6 · College Comm School District
820 students
Prairie Hill Elementary School
Elementary · Grades PK–4 · College Comm School District
473 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 yield7.0%

Net yield (after ~40% expenses)4.2%

Annual rent$13,916

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$1,011

Loan principal$159,921

Down payment$39,980

Total interest paid$203,970

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 ratio1.23

Monthly cost to own$1,431

Monthly rent$1,160

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: 34th percentile^[1]
Rental yield: 60th percentile^[2]
Property tax: 82nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for most populous in IAView list →

Frequently asked

How much is a home worth in ZIP code 52404?: The typical home in 52404 is worth $199,901, based on the Zillow Home Value Index.
Are home values rising in 52404?: Home values in 52404 are up 3.3% over the past year, and up 5.3% a year over five years.
What is the typical rent in 52404?: A typical home in 52404 rents for about $1,160 a month, a gross rental yield of 7.0%.
What is the property tax rate in 52404?: The effective property tax rate in 52404 is 1.5% — roughly $3,034 a year on a typical home.
Who lives in 52404?: ZIP code 52404 has a population of 42,958 and a median household income of $61,870.

#Comparable ZIPs

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

52402 vs 52404 →
Cedar Rapids, IA
Typical home
$203,263
Gross yield
7.6%
52403 vs 52404 →
Cedar Rapids, IA
Typical home
$206,304
Gross yield
7.3%
52405
Cedar Rapids, IA
Typical home
$208,780
Gross yield
6.4%
52212
Center Junction CDP, IA
Typical home
$190,462
Gross yield
—
52320
Olin, IA
Typical home
$184,249
Gross yield
—
52321
Onslow, IA
Typical home
$218,801
Gross yield
—

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#Jump to section

U.S. ZIP Code · IA52404

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