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These days, finding an affordable place to live in the 50038 area can be challenging. Home prices in 50038 are now at a median cost of $746,066, higher than the Iowa average of $226,062.
The average cost of rent is $1,167/mo in 50038, primarily driven by the current value of real estate in the 50038 area. In 50038, 2.42% of households rent, and 40.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50038 is $12,426 per month. Households that rent pay about 9.39% of their income on rent here. 50038’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 50261, IA: less expensive homes
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- 50324, IA: less expensive homes
Zip Codes with Similar Populations
- 80646, CO: higher priced homes
- 56629, MN: less expensive homes
- 56659, MN: less expensive homes
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- 79093, TX: less expensive homes
- 79754, TX: less expensive homes
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