Zumper
modified
1 Day Ago

Highlights

  • Discounted rate
  • Downtown location
  • Elevators
  • Soaring ceilings
  • Beautiful hardwood floors
  • Storage closet

Location

323 3rd St Se, Cedar Rapids, IA 52401, USA|Oakhill Jackson
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Contact

Management

Mix Property Management & Leasing

Leasing office

(319) 777-9259

Property Overview

Cornerstone Place delivers exceptional overall value, with top-tier expert scores for price, amenities, location, and trustworthiness, as well as outstanding value per square foot. Its downtown location with elevators, soaring ceilings, hardwood floors, and storage closets pairs with a highly walkable, transit-accessible area rich in dining, entertainment, parks, and wellness options. The property is also noted for being pet-friendly, environmentally minded, and well-suited to an active social and work-from-home lifestyle.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.7
Very Good
With a solid 8.7 out of 10 overall, Cornerstone Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Cornerstone Place has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elevator

Great for

  • Eco living
  • Pet owners
  • Social life

Floor plans

0BR/1.0BAStudio1 bath695 sqft$875 /mo1 unit availableLocated at 323 3rd St SE in the heart of downtown Cedar Rapids, Cornerstone Place features large studio, one, two and three bedroom units. Each unit is equipped with washer and dryer, beautiful hardwood floors, soaring ceilings, and natural sunlight. A secure main floor lobby and elevators give you the reassurance of safety, while the convenient downtown location gives you endless options for walkable activities including bars, restaurants, theaters, and parks. A large freight elevator is also located within the building making your move in easy. Each unit also comes with a storage closet in the hallway for additional storage needs. Ramp parking is available for additional monthly cost. The unit opening is in a program called HOME until 2028 and there is an income cap on the amount of annual income the tenant can make. It's not low income housing, rather a program designed to ensure quality options for qualified tenants at a discounted rate. If you are a single person with no other dependents/tenants, you'd need to make under $59,000.00 annually. If there are additional tenants or occupants, that number does increase as well. There are some units in this property that are market rate and do not have an income cap, they are just not available at this time. Contact us today for more information - www mixpropertymanagement com

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Amenities for Cornerstone Place

Apartment Amenities

Ample StorageHardwood Floor
Large WindowsSoft Close Cabinetry
Trash

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange
RefrigeratorStove
Washer and Dryer

Tech

Keyless Entry

Building

Cats OKControlled Access
ElevatorFreight Elevator
Non-Smoking

Grounds

Storage

Neighborhood

Video Security System
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units32
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About Cornerstone Place

HomeApartments in Cedar RapidsOakhill Jackson Cornerstone Place

Located at 323 3rd St SE in the heart of downtown Cedar Rapids, Cornerstone Place features large studio, one, two and three bedroom units. Each unit is equipped with washer and dryer, beautiful hardwood floors, soaring ceilings, and natural sunlight. A secure main floor lobby and elevators give you the reassurance of safety, while the convenient downtown location gives you endless options for walkable activities including bars, restaurants, theaters, and parks. A large freight elevator is also located within the building making your move in easy. Each unit also comes with a storage closet in the hallway for additional storage needs. Ramp parking is available for additional monthly cost. The unit opening is in a program called HOME until 2028 and there is an income cap on the amount of annual income the tenant can make. It's not low income housing, rather a program designed to ensure quality options for qualified tenants at a discounted rate. If you are a single person with no other dependents/tenants, you'd need to make under $59,000.00 annually. If there are additional tenants or occupants, that number does increase as well. There are some units in this property that are market rate and do not have an income cap, they are just not available at this time. Contact us today for more information - www mixpropertymanagement com


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.7
/10
Very Good
With a solid 8.7 out of 10 overall, Cornerstone Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Cornerstone Place has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Cornerstone Place
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Cornerstone Place stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Cornerstone Place stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—cats allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Cornerstone Place is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Cornerstone Place to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Cornerstone Place is great for:

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • On-site recycling or composting options
  • 15 parks within a mile

Pet owners

  • 4 pet supply stores near the property
  • 2 pet grooming services nearby

Social life

  • Areas nearby are accessible by walking
  • 155 restaurants within 1 mile of this property
  • 28 theaters, music venues, or sports arenas nearby
  • 34 local event hubs within 1 mile

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Cornerstone Place compares to other nearby properties.

Positives

Elevator
Improved accessibility features

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Rent trends in Oakhill Jackson

studio apartments at Cornerstone Place cost about 27% less than the average rent price for studio apartments in Oakhill Jackson.

Median rents as of Jun 27 2026.
Oakhill Jackson
Cedar Rapids
A table of studio rental data trends in Cedar Rapids
MonthMedian Rent
July 2024$739
August 2024$753
September 2024$776
October 2024$787
November 2024$786
December 2024$778
January 2025$779
February 2025$791
March 2025$836
April 2025$871
May 2025$835
June 2025$773
July 2025$721
August 2025$876
September 2025$946
October 2025$766
November 2025$632
December 2025$637
January 2026$761
February 2026$937
March 2026$1,017
April 2026$938
May 2026$779
June 2026$640
A table of studio rental data trends in Oakhill Jackson
MonthMedian Rent
July 2025$950
November 2025$1,180
December 2025$1,182
January 2026$1,175
February 2026$1,180
March 2026$1,185
April 2026$1,199

Affordability calculator

Can I afford to live at 323 3rd St Se?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$35,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,000 annually to afford this studio monthly rent price of $875.
For more information on rent affordability, visit our rent calculator.

Schools near Cornerstone Place

Grant Wood Elementary School

645 26th st se

cedar rapids, IA, 52403

PK, K-5Public
C+

Cedar Rapids Virtual Academy Elementary

2500 edgewood rd

cedar rapids, IA, 52405

K-5Public
C

College Community Early Childhood Center

125 prairie hill

cedar rapids, IA, 52404

PKPublic

Longfellow Elementary

2900 8th ave

marion, IA, 52302

PK, K-2Public
B+

Prairie Early Childhood Center

125 prairie hill ct sw

cedar rapids, IA, 52404

PKPublic
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Internet available near Cornerstone Place

Getting around Cedar Rapids near 323 3rd St Se

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 323 3rd St Se, Cedar Rapids

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Nightlife

5/10
Some bars within walking distance

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