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These days, finding an affordable place to live in the 50206 area can be challenging. Home prices in 50206 are now at a median cost of $154,302, lower than the Iowa average of $226,062.
The average cost of rent is $696/mo in 50206, primarily driven by the current value of real estate in the 50206 area. In 50206, 18.24% of households rent, and 57.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50206 is $7,189 per month. Households that rent pay about 9.68% of their income on rent here. 50206’s most expensive areas are in the southeastern 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
- 50258, IA: less expensive homes
- 50122, IA: less expensive homes
- 50627, IA: less expensive homes
- 50239, IA: higher priced homes
- 50269, IA: less expensive homes
- 50278, IA: higher priced homes
- 50051, IA: higher priced homes
- 50148, IA: higher priced homes
- 50102, IA: equally priced homes
- 50154, IA: higher priced homes
Zip Codes with Similar Populations
- 52133, IA: higher priced homes
- 56710, MN: equally priced homes
- 56662, MN: higher priced homes
- 87578, NM: higher priced homes
- 56078, MN: higher priced homes
- 56035, MN: higher priced homes
- 55764, MN: equally priced homes
- 54865, WI: higher priced homes
- 54214, WI: higher priced homes
- 94548, CA: higher priced homes
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