Cedar Lake, Cedar Rapids, IA
Cedar Lake — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Cedar Lake, Cedar Rapids, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Cedar Lake Neighborhood Overview
Cedar Lake is a distinctive neighborhood in Cedar Rapids, Iowa, centered around its namesake body of water. This area offers residents a unique blend of urban accessibility and natural scenery within the 52401 ZIP code. Its location provides convenient access to downtown while maintaining a more relaxed, waterfront atmosphere.
Lifestyle & Amenities
The neighborhood's primary amenity is the 120-acre Cedar Lake itself, which is a hub for fishing, kayaking, and walking along the surrounding trails. Residents enjoy proximity to downtown Cedar Rapids for dining and entertainment, with quiet streets and green spaces defining the local lifestyle. The area fosters a community-oriented environment where outdoor recreation is easily accessible.
Real Estate Market
The Cedar Lake real estate market is notably affordable, with a median home value of $135,000 and a price per square foot around $106.52. Properties, including single-family homes and rentals, see an average of 47 days on market, indicating steady demand. The neighborhood has a low homeownership rate of 19%, making it a prevalent area for renters, where the median monthly rent is $744.
Schools & Education
Cedar Lake is served by the Cedar Rapids Community School District, which provides public education options for families. The specific schools serving the neighborhood can vary, so families are encouraged to verify current district boundaries and offerings. The area's central location also allows for reasonable access to various educational institutions throughout the city.
Transportation & Connectivity
The neighborhood is well-connected by major roads like Interstate 380 and US Highway 151, facilitating easy commutes across the metro area. Cedar Rapids' public transit system provides bus service to and from the area, enhancing connectivity for residents without personal vehicles. Its central position makes destinations throughout the city, including downtown and commercial districts, quickly reachable.
Why Choose Cedar Lake
Homebuyers and renters choose Cedar Lake for its exceptional combination of affordability and access to waterfront recreation in an urban setting. The market offers significant value, especially for first-time buyers or investors, with costs below the national average. It is ideal for those seeking a quiet, nature-adjacent community without sacrificing the conveniences of city life.
Cedar Lake Market Data
| Metric | Value |
|---|---|
| Median Home Price | $135K |
| Median Gross Rent | $744/mo |
| Median Household Income | $43K |
| Homeownership Rate | 18.5% |
| Renter-Occupied | 81.5% |
| Rental Vacancy Rate | 3.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 52401 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 87,047 |
| VA Loan Originations | 3,592 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $245K |
| Conventional Loan Originations | 77,690 |
| FHA Loan Originations | 5,765 |
Top Real Estate Agents in Cedar Lake, Cedar Rapids
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Cedar Lake, Cedar Rapids, IA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Iowa Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15