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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 $624,042, higher than the Iowa average of $182,666.
The average cost of rent is $988/mo in 50038, primarily driven by the current value of real estate in the 50038 area. While nearly 47.14% of residents own their homes outright in 50038, 0.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50038 is $13,939 per month. Households that rent pay about 7.09% 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.
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