Northwest Area, Cedar Rapids, IA
Northwest Area — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Northwest Area, Cedar Rapids, Iowa. Explore the cited sources and local facts below while agent underwriting continues.
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Northwest Area Neighborhood Overview
The Northwest Area is a residential neighborhood located in Cedar Rapids, Iowa, centered around ZIP code 52401. It offers a central location with a mix of housing options, providing an accessible entry point to the city. The area is characterized by its established streets and proximity to major urban amenities.
Lifestyle & Amenities
Residents enjoy convenient access to local shopping, dining, and essential services along nearby major corridors. The neighborhood's central position allows for quick trips to downtown Cedar Rapids for entertainment and employment. Several community parks provide green space for recreation and relaxation close to home.
Real Estate Market
The Northwest Area presents a notably affordable real estate market, with a median home value of $135,000 and a median rent of $744 per month. Homes sell relatively quickly, averaging just 23 days on the market, with a price per square foot around $126. The market is primarily oriented toward renters, reflected in a homeownership rate of 19%.
Schools & Education
The neighborhood is served by the Cedar Rapids Community School District, which operates several public schools in the city. Families in the Northwest Area have access to the district's educational programs and resources. Specific school assignments and performance data are determined by the district's current zoning maps.
Transportation & Connectivity
The area is well-connected by major roads, facilitating easy car travel to other parts of Cedar Rapids and beyond. Public transportation is available through the Cedar Rapids Transit system, with routes serving the neighborhood. Its central location ensures most city destinations are only a short drive away.
Why Choose Northwest Area
The Northwest Area is an ideal choice for renters and first-time homebuyers seeking an affordable, no-fuss location in Cedar Rapids. Its combination of low housing costs, quick market turnover, and central connectivity offers practical urban living. The neighborhood provides a straightforward, value-oriented base for accessing all the city has to offer.
Northwest Area 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 Northwest Area, Cedar Rapids
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Northwest Area, Cedar Rapids, IA. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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