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These days, finding an affordable place to live in the 50118 area can be challenging. Home prices in 50118 are now at a median cost of $209,798, lower than the Iowa average of $226,062.
The average cost of rent is $1,156/mo in 50118, primarily driven by the current value of real estate in the 50118 area. In 50118, 7.00% of households rent, and 40.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50118 is $7,496 per month. Households that rent pay about 15.43% of their income on rent here. 50118’s most expensive areas are in the southeastern 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
- 50252, IA: less expensive homes
- 50047, IA: higher priced homes
- 50237, IA: higher priced homes
- 50001, IA: higher priced homes
- 50225, IA: equally priced homes
- 50327, IA: higher priced homes
- 50320, IA: equally priced homes
- 50125, IA: higher priced homes
- 50228, IA: higher priced homes
- 50315, IA: less expensive homes
Zip Codes with Similar Populations
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- 68331, NE: higher priced homes
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- 62567, IL: less expensive homes
- 61771, IL: higher priced homes
- 61488, IL: less expensive homes
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