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Affordable
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These days, finding an affordable place to live in the 50003 area can be challenging. Home prices in 50003 are now at a median cost of $353,114, higher than the Iowa average of $226,062.
The average cost of rent is $1,037/mo in 50003, primarily driven by the current value of real estate in the 50003 area. In 50003, 25.16% of households rent, and 30.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50003 is $8,643 per month. Households that rent pay about 12.00% of their income on rent here. 50003’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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
- 50069, IA: less expensive homes
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- 50323, IA: higher priced homes
- 50266, IA: equally priced homes
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Zip Codes with Similar Populations
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