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These days, finding an affordable place to live in the 50116 area can be challenging. Home prices in 50116 are now at a median cost of $82,520, lower than the Iowa average of $182,666.
The average cost of rent is $537/mo in 50116, primarily driven by the current value of real estate in the 50116 area. While nearly 48.27% of residents own their homes outright in 50116, 9.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50116 is $5,110 per month. Households that rent pay about 10.50% of their income on rent here. 50116's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 50044, IA: equally priced homes
- 50150, IA: higher priced homes
- 50256, IA: higher priced homes
- 50057, IA: higher priced homes
- 52531, IA: higher priced homes
- 52534, IA: higher priced homes
- 52553, IA: higher priced homes
- 50163, IA: less expensive homes
- 50062, IA: higher priced homes
- 52577, IA: higher priced homes
Zip Codes with Similar Populations
- 84113, UT: higher priced homes
- 50594, IA: higher priced homes
- 50671, IA: higher priced homes
- 51444, IA: higher priced homes
- 52056, IA: higher priced homes
- 52221, IA: higher priced homes
- 57021, SD: higher priced homes
- 87543, NM: higher priced homes
- 86039, AZ: higher priced homes
- 84736, UT: higher priced homes
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