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These days, finding an affordable place to live in the 50009 area can be challenging. Home prices in 50009 are now at a median cost of $293,514, higher than the Iowa average of $226,062.
The average cost of rent is $1,207/mo in 50009, primarily driven by the current value of real estate in the 50009 area. In 50009, 29.33% of households rent, and 29.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50009 is $7,604 per month. Households that rent pay about 15.87% of their income on rent here. 50009’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern 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
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Zip Codes with Similar Populations
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