Housing market/Iowa/ZIP 52214

ACS 2023 · FY2027 SAFMR

ZIP 52214 Central City, Iowa

Cedar Rapids, IA HUD Metro FMR Area · Iowa. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
2,770
Households
1,137
Median HH income
$83,450
Renter share
14.2%
Median gross rent
$825
Vacancy
15.1%
Pop. change
-22.8%
2BR SAFMR
$1,030
SAFMR / rent
1.248×
2–49 unit stock
88
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 52214 · IA — sent to you.

ZIP 52214 · IA

ACS median rent$825
2BR SAFMR$1,030
90% floor$927
110% ceiling$1,133

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 52214

  • 1-unit detached1,24292.8%
  • 1-unit attached90.7%
  • 2–4 units624.6%
  • 5–49 units261.9%
TypeUnitsShare
1-unit detached1,24292.8%
1-unit attached90.7%
2 units (duplex)211.6%
3–4 units413.1%
5–9 units211.6%
10–19 units20.1%
20–49 units30.2%
50+ units00.0%
Mobile00.0%

2–4 unit share 4.6% · 5–49 unit share 1.9% · combined 2–49 6.6%.

Units by bedrooms

Studio
9
1BR
179
2BR
349
3BR
509
4BR
240
5+
53

Rent burden

Rent ≥30% of income46.0%
Rent ≥50% of income14.9%
  • ACS median gross rent $825 (all bedrooms, occupied rentals).
  • Median contract rent $638.
  • Renters paying ≥30% of income 46.0%; ≥50% 14.9%.
  • FY2027 2BR SAFMR $1,030 (1.248× ACS median gross rent).

Population

2,770 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -22.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 400 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 52214 14.2% of occupied households are renters; vacancy is 15.1%; ACS median gross rent is $825; population changed -22.8% between the 2018 and 2023 ACS vintages; the housing stock includes 62 units in 2–4-unit structures and 26 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,030 versus ACS median gross rent of $825. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Iowa research

ZIP 52214 is a Census / HUD profile for Cedar Rapids, IA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Iowa research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 52214?

ZIP 52214 (Cedar Rapids, IA HUD Metro FMR Area) has 2,770 residents, 1,137 households, a renter share of 14.2%, median household income of $83,450, and ACS 2023 median gross rent of $825. Vacancy is 15.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 52214?

ACS counts 21 units in 2-unit buildings, 41 in 3–4 unit buildings, 21 in 5–9, 2 in 10–19, and 3 in 20–49. Combined 2–49 unit stock is 88 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 52214?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,030. See the full schedule and 90–110% payment-standard band on the ZIP 52214 — Central City, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 52214 is Census / HUD research for Cedar Rapids, IA HUD Metro FMR Area. Jeff Crowe CRE does not list Iowa property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.