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Affordable
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These days, finding an affordable place to live in the 50005 area can be challenging. Home prices in 50005 are now at a median cost of $146,008, lower than the Iowa average of $226,062.
The average cost of rent is $825/mo in 50005, primarily driven by the current value of real estate in the 50005 area. In 50005, 8.79% of households rent, and 55.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50005 is $6,275 per month. Households that rent pay about 13.14% of their income on rent here. 50005’s most expensive areas are in the northeastern 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
- 50148, IA: higher priced homes
- 50158, IA: equally priced homes
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- 50258, IA: less expensive homes
- 50621, IA: higher priced homes
- 50269, IA: less expensive homes
- 50239, IA: higher priced homes
- 50247, IA: higher priced homes
- 50609, IA: higher priced homes
- 50206, IA: equally priced homes
Zip Codes with Similar Populations
- 05439, VT: higher priced homes
- 05873, VT: higher priced homes
- 07976, NJ: higher priced homes
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- 65285, MO: higher priced homes
- 63388, MO: less expensive homes
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- 66026, KS: higher priced homes
- 66779, KS: less expensive homes
- 66840, KS: less expensive homes
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