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Affordable
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These days, finding an affordable place to live in the 50109 area can be challenging. Home prices in 50109 are now at a median cost of $408,197, higher than the Iowa average of $226,062.
The average cost of rent is $874/mo in 50109, primarily driven by the current value of real estate in the 50109 area. In 50109, 8.86% of households rent, and 28.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50109 is $11,369 per month. Households that rent pay about 7.69% of their income on rent here. 50109’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 50226, IA: equally priced homes
- 50111, IA: less expensive homes
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- 50323, IA: higher priced homes
- 50063, IA: less expensive homes
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- 50023, IA: less expensive homes
- 50322, IA: less expensive homes
Zip Codes with Similar Populations
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- 42378, KY: less expensive homes
- 02667, MA: higher priced homes
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- 52738, IA: less expensive homes
- 54151, WI: less expensive homes
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