Cedar Rapids, IA · Iowa

Benton County

ZIP 52318

25,698 residents22 permits TTM$84,742 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$198,400

ACS 5-Year

Cap rate proxy

4.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

11.5%

HUD FMR ÷ ACS HHI

Net migration

+1.68%

IRS SOI

Permits (TTM)

22

Census BPS

Climate risk

28.8

FEMA NRI (0–100)

ZIP 52318

Median home value

Gross yield

Cap rate

4.9%

Rent gap

Affordability

P/I: 3.0R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown16 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
522086.5%
523134.9%
522294.9%
523184.9%
523494.3%

Ranked by composite score

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Demographics

Owner-occupied

84.3%

Census ACS

Vacancy rate

8.9%

Census ACS

Bachelor's degree +

24.9%

Census ACS

Rent burdened

27.6%

Census ACS (>30% income)

Median age

43.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026