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These days, finding an affordable place to live in the 50227 area can be challenging. Home prices in 50227 are now at a median cost of $117,000, lower than the Iowa average of $226,062.
The average cost of rent is $668/mo in 50227, primarily driven by the current value of real estate in the 50227 area. In 50227, 17.43% of households rent, and 53.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50227 is $5,521 per month. Households that rent pay about 12.10% of their income on rent here. 50227’s most expensive areas are in the central 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
- 50071, IA: less expensive homes
- 50006, IA: equally priced homes
- 50126, IA: higher priced homes
- 50271, IA: higher priced homes
- 50041, IA: higher priced homes
- 50101, IA: less expensive homes
- 50034, IA: higher priced homes
- 50633, IA: higher priced homes
- 50601, IA: higher priced homes
- 50599, IA: higher priced homes
Zip Codes with Similar Populations
- 82642, WY: higher priced homes
- 50038, IA: higher priced homes
- 50145, IA: higher priced homes
- 50165, IA: less expensive homes
- 50620, IA: equally priced homes
- 50664, IA: higher priced homes
- 51045, IA: higher priced homes
- 82219, WY: higher priced homes
- 82322, WY: less expensive homes
- 82332, WY: higher priced homes
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