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These days, finding an affordable place to live in the 50216 area can be challenging. Home prices in 50216 are now at a median cost of $160,186, lower than the Iowa average of $182,666.
The average cost of rent is $789/mo in 50216, primarily driven by the current value of real estate in the 50216 area. While nearly 41.24% of residents own their homes outright in 50216, 19.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50216 is $6,002 per month. Households that rent pay about 13.14% of their income on rent here. 50216's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 50277, IA: higher priced homes
- 50146, IA: higher priced homes
- 50115, IA: less expensive homes
- 50026, IA: equally priced homes
- 50128, IA: equally priced homes
- 50066, IA: higher priced homes
- 50029, IA: less expensive homes
- 50220, IA: less expensive homes
- 50167, IA: higher priced homes
- 50003, IA: higher priced homes
Zip Codes with Similar Populations
- 55955, MN: higher priced homes
- 27939, NC: higher priced homes
- 29432, SC: less expensive homes
- 30258, GA: equally priced homes
- 30805, GA: less expensive homes
- 35987, AL: less expensive homes
- 47613, IN: equally priced homes
- 50063, IA: higher priced homes
- 54960, WI: equally priced homes
- 02808, RI: higher priced homes
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