ZIP Code · IA

ZIP 52403

Part of Cedar Rapids, IA

Pop. 22,551·Linn County·33rd most expensive ZIP in Iowa

Median rent (all units)

$1,108/mo

Year-over-Year

+14.0%

Month-over-Month

+1.9%

vs US Median

-$824

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 52403 · $1,108

More affordable than 95% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$740

1 BR

$820

2 BR

$1,080

3 BR

$1,500

4 BR+

$1,810

Research median

$1,080/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

Compared with the peak

Rent in ZIP 52403 is at its highest level since Zillow's records here began in September 2022.

Past year vs. the rest of Iowa

Rent in ZIP 52403 changed +14.0% 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 4 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($74,703) is $1,868 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,810).

Rank in Cedar Rapids

1st cheapest of 4 ZIP codes in Cedar Rapids.

From Zillow's monthly rent index (ZORI) for ZIP 52403. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,296/yr

At $1,108/mo median

Location

CityCedar Rapids

StateIA

CountyLinn County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 14.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+14.0% YoY, +1.9% MoM), not inventory.

Demographics

Who lives here

ZIP 52403 (Cedar Rapids, IA) is majority owner-occupied, has a large retiree population, 40.9% of residents hold a bachelor's degree or higher.

Population

22,551

Median income

$74,703

Median age

Renters

23%

Age distribution

20.7%

18.4%

21.8%

13.8%

25.4%

Under 1820.7%

18–3418.4%

35–5421.8%

55–6413.8%

65+25.4%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

85.6%

White85.6%

Black7%

Hispanic2.9%

Other4.3%

Education (25+)

20.2%

34.5%

40.9%

No HS diploma4.5%

HS diploma20.2%

Some college34.5%

Bachelor's+40.9%

Housing tenure

77%

23%

Owner77%

Renter23%

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

2023 vs 2026

How ZIP 52403 in Cedar Rapids, IA has changed in 5 years

Rent

$841 → $1,108

up 31.7%

Income

$68,765 → $74,703

up 8.6%

Population

24,789 → 22,551

down 9.0%

Renter share

23% → 23%

+0.0 pts

Bachelor's+

37.5% → 40.9%

+3.4 pts

Median age

41.2 → 45

+3.8 yrs

Compared with 2023, rent in ZIP 52403 in Cedar Rapids, IA has climbed by $267 per month, settling near $1,108 after starting the period at $841. Median household income grew from $68,765 to $74,703 between 2021 and 2024, a 8.6% shift. Rent outpaced income growth by roughly 23.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 24,789 to 22,551 between 2021 and 2024, a 9.0% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 37.5% to 40.9%. Taken together, the five-year picture in ZIP 52403 in Cedar Rapids, IA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 52403

Last updated: October 17, 2026

ZIP code 52403 covers Cedar Rapids, IA. The median rent here is $1,108/mo as of October 2026. A 1-bedroom rents for a median of $820/mo. A 2-bedroom rents for a median of $1,080/mo.

At 18% of local median household income ($74,703/yr), ZIP 52403 ranks as affordable compared to the national benchmark of 30%. Rents have increased 14.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 52403?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (about $21/hour full-time) to afford the median rent of $1,108/mo in ZIP 52403. The local median household income is $74,703/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 52403?

Rent in ZIP 52403 has risen 14.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in September 2022.

How does ZIP 52403 compare to other ZIPs in Iowa?

ZIP 52403 is in the middle among Iowa ZIP codes for rent, ranking #33 of 54 at $1,108/mo. Over the year to September 2026, rent in ZIP 52403 changed +14.0%, against a typical +4.3% across the 45 Iowa ZIP codes Zillow tracks.