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These days, finding an affordable place to live in the 50040 area can be challenging. Home prices in 50040 are now at a median cost of $167,300, lower than the Iowa average of $182,666.
The average cost of rent is $580/mo in 50040, primarily driven by the current value of real estate in the 50040 area. While nearly 48.62% of residents own their homes outright in 50040, 16.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50040 is $5,156 per month. Households that rent pay about 11.25% of their income on rent here. 50040's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 50223, IA: equally priced homes
- 50544, IA: less expensive homes
- 50530, IA: less expensive homes
- 50217, IA: less expensive homes
- 50064, IA: less expensive homes
- 50031, IA: less expensive homes
- 50212, IA: equally priced homes
- 50107, IA: less expensive homes
- 50249, IA: less expensive homes
- 50543, IA: less expensive homes
Zip Codes with Similar Populations
- 98164, WA: higher priced homes
- 53192, WI: higher priced homes
- 53540, WI: equally priced homes
- 54413, WI: less expensive homes
- 54517, WI: higher priced homes
- 54645, WI: less expensive homes
- 54842, WI: equally priced homes
- 54857, WI: higher priced homes
- 55150, MN: higher priced homes
- 55613, MN: higher priced homes
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