ZIP Code 52404 — Cedar Rapids, IA Home Prices (2026)
The typical home in ZIP 52404 (Cedar Rapids, Iowa) is worth about $204,000 at roughly $173 per square foot — 2% more affordable than the Cedar Rapids median and 31% more affordable than the typical U.S. home.
How 52404 compares
ZIP 52404 is one of the more affordable ZIP codes in Cedar Rapids: its typical home value of $204,000 ranks #5 of the 6 Cedar Rapids ZIP codes we track (the citywide range runs from $125,000 in 52401 to $461,000 in 52411). Per square foot it costs about $173, against $160 for Cedar Rapids as a whole, $135 for Iowa, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 52404 | $204,000 | $173 |
| Cedar Rapids, IA | $209,000 | $160 |
| Iowa | $212,000 | $135 |
| United States | $294,000 | $195 |
Home value by size in 52404
Using this ZIP’s rate of about $173 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $173,000 |
| 1,500 sq ft | $259,500 |
| 2,000 sq ft | $346,000 |
| 2,500 sq ft | $432,500 |
| 3,000 sq ft | $519,000 |
Salary needed to buy a home in ZIP 52404
To buy the typical $204,000 home in ZIP 52404 with 20% down, you need a household income of roughly $56,000 a year (about $1,300 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $66,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $10,200 | $1,610/mo | $69,000/yr |
| 10% (+PMI) | $20,400 | $1,540/mo | $66,000/yr |
| 20% | $40,800 | $1,300/mo | $56,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 52404
At about $173 per square foot, here is roughly how much home different budgets get you in ZIP 52404:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 870 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1160 sq ft | around the typical home here |
| $250k | 1450 sq ft | around the typical home here |
| $300k | 1730 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2310 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 52404 home.
Estimate a specific home in 52404
The estimator below is pre-set to ZIP 52404 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Cedar Rapids ZIP codes by home value
Where 52404 sits among Cedar Rapids’s 6 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 52411 | $461,000 | $198 |
| 2 | 52405 | $214,000 | $147 |
| 3 | 52403 | $211,000 | $139 |
| 4 | 52402 | $207,000 | $139 |
| 5 | 52404 (this page) | $204,000 | $173 |
| 6 | 52401 | $125,000 | $222 |
ZIP 52404 home prices: frequently asked
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See the full Cedar Rapids home values page, all Iowa cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.