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Affordable
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These days, finding an affordable place to live in the 50007 area can be challenging. Home prices in 50007 are now at a median cost of $338,800, higher than the Iowa average of $226,062.
The average cost of rent is $1,433/mo in 50007, primarily driven by the current value of real estate in the 50007 area. In 50007, 4.57% of households rent, and 30.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50007 is $9,543 per month. Households that rent pay about 15.02% of their income on rent here. 50007’s most expensive areas are in the central 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
- 50073, IA: less expensive homes
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- 50226, IA: higher priced homes
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Zip Codes with Similar Populations
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