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These days, finding an affordable place to live in the 50047 area can be challenging. Home prices in 50047 are now at a median cost of $279,742, higher than the Iowa average of $226,062.
The average cost of rent is $1,163/mo in 50047, primarily driven by the current value of real estate in the 50047 area. In 50047, 15.78% of households rent, and 27.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50047 is $8,780 per month. Households that rent pay about 13.25% of their income on rent here. 50047’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 50320, IA: less expensive homes
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- 50001, IA: higher priced homes
- 50211, IA: higher priced homes
- 50252, IA: less expensive homes
- 50321, IA: equally priced homes
Zip Codes with Similar Populations
- 61616, IL: less expensive homes
- 49696, MI: higher priced homes
- 53104, WI: higher priced homes
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- 55388, MN: higher priced homes
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- 55734, MN: less expensive homes
- 56101, MN: less expensive homes
- 60468, IL: equally priced homes
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