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These days, finding an affordable place to live in the 50002 area can be challenging. Home prices in 50002 are now at a median cost of $210,231, lower than the Iowa average of $226,062.
The average cost of rent is $866/mo in 50002, primarily driven by the current value of real estate in the 50002 area. In 50002, 24.15% of households rent, and 51.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50002 is $5,729 per month. Households that rent pay about 15.11% of their income on rent here. 50002’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 50048, IA: higher priced homes
- 50020, IA: less expensive homes
- 50164, IA: higher priced homes
- 50076, IA: less expensive homes
- 50042, IA: less expensive homes
- 50115, IA: less expensive homes
- 50250, IA: less expensive homes
- 50117, IA: less expensive homes
- 50022, IA: less expensive homes
- 50070, IA: higher priced homes
Zip Codes with Similar Populations
- 70659, LA: equally priced homes
- 44455, OH: equally priced homes
- 44625, OH: equally priced homes
- 47137, IN: less expensive homes
- 47456, IN: less expensive homes
- 47564, IN: less expensive homes
- 49126, MI: equally priced homes
- 49347, MI: less expensive homes
- 51454, IA: less expensive homes
- 53804, WI: less expensive homes
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