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These days, finding an affordable place to live in the 50051 area can be challenging. Home prices in 50051 are now at a median cost of $172,000, lower than the Iowa average of $226,062.
The average cost of rent is $1,019/mo in 50051, primarily driven by the current value of real estate in the 50051 area. In 50051, 16.67% of households rent, and 49.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50051 is $8,472 per month. Households that rent pay about 12.03% of their income on rent here. 50051’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 50239, IA: equally priced homes
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- 50206, IA: less expensive homes
- 50056, IA: equally priced homes
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- 50154, IA: higher priced homes
Zip Codes with Similar Populations
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- 82329, WY: less expensive homes
- 81655, CO: higher priced homes
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- 46127, IN: higher priced homes
- 45349, OH: higher priced homes
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