ZIP Code · IA

ZIP 52402

Part of Cedar Rapids, IA

Pop. 42,938·Linn County·22nd most expensive ZIP in Iowa

Median rent (all units)

$1,306/mo

Year-over-Year

+15.1%

Month-over-Month

+1.4%

vs US Median

-$626

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 52402 · $1,306

More affordable than 86% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$780

1 BR

$860

2 BR

$1,130

3 BR

$1,570

4 BR+

$1,900

Research median

$1,130/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

October. Asking rents in ZIP 52402 usually run 0.9% below trend in October and 0.7% above it in April, about $21 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 52402 is at its highest level since Zillow's records here began in November 2020.

Past year vs. the rest of Iowa

Rent in ZIP 52402 changed +15.1% over the year to September 2026. Across the 45 Iowa ZIP codes Zillow tracks, the typical change was +4.3%.

Recent direction

Rent has risen 8 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($73,439) is $1,836 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,570); a 4-bedroom is $1,900.

Rank in Cedar Rapids

3rd cheapest of 4 ZIP codes in Cedar Rapids.

Cheaper nearby

ZIP 52405, 5 miles away, rents for 13% less ($1,134/mo), about $2,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 52402. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,672/yr

At $1,306/mo median

Location

CityCedar Rapids

StateIA

CountyLinn County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 15.1% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+15.1% YoY, +1.4% MoM), not inventory.

Demographics

Who lives here

ZIP 52402 (Cedar Rapids, IA) is majority owner-occupied, 42.2% of residents hold a bachelor's degree or higher.

Population

42,938

Median income

$73,439

Median age

36.9

Renters

32.7%

Age distribution

18.8%

27.3%

25.7%

17%

Under 1818.8%

18–3427.3%

35–5425.7%

55–6411.1%

65+17%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

79%

White79%

Black5.5%

Hispanic5%

Asian5.9%

Other4.6%

Education (25+)

22.4%

30.5%

42.2%

No HS diploma4.9%

HS diploma22.4%

Some college30.5%

Bachelor's+42.2%

Housing tenure

67.3%

32.7%

Owner67.3%

Renter32.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 52402 in Cedar Rapids, IA has changed in 5 years

Rent

$895 → $1,306

up 45.9%

Income

$65,787 → $73,439

up 11.6%

Population

42,649 → 42,938

up 0.7%

Renter share

31.6% → 32.7%

+1.1 pts

Bachelor's+

40.4% → 42.2%

+1.8 pts

Median age

36 → 36.9

+0.9 yrs

Across the past five years, the going rent in ZIP 52402 in Cedar Rapids, IA has shifted from $895 to $1,306, up 45.9% since 2021. Household income in the area moved from $65,787 to $73,439 across the same window, up 11.6% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Reading these numbers side by side helps frame whether current listings in ZIP 52402 in Cedar Rapids, IA look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 52402

Last updated: October 17, 2026

ZIP code 52402 covers Cedar Rapids, IA. The median rent here is $1,306/mo as of October 2026. A 1-bedroom rents for a median of $860/mo. A 2-bedroom rents for a median of $1,130/mo.

At 21% of local median household income ($73,439/yr), ZIP 52402 ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 52402?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,306/mo in ZIP 52402. The local median household income is $73,439/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 52402?

Rent in ZIP 52402 has risen 15.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2020.

When is the cheapest time to rent in ZIP 52402?

Asking rents in ZIP 52402 are usually lowest in October, about 0.9% below their yearly trend, and highest in April, about 0.7% above it. At today's median that is a gap of roughly $21 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 52402 compare to other ZIPs in Iowa?

ZIP 52402 is in the middle among Iowa ZIP codes for rent, ranking #22 of 54 at $1,306/mo. Over the year to September 2026, rent in ZIP 52402 changed +15.1%, against a typical +4.3% across the 45 Iowa ZIP codes Zillow tracks.