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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 $123,400, lower than the Iowa average of $182,666.
The average cost of rent is $537/mo in 50227, primarily driven by the current value of real estate in the 50227 area. While nearly 49.80% of residents own their homes outright in 50227, 15.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50227 is $6,458 per month. Households that rent pay about 8.31% of their income on rent here. 50227's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 50071, IA: less expensive homes
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- 50271, IA: equally priced homes
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- 50101, IA: less expensive homes
- 50034, IA: equally priced homes
- 50633, IA: less expensive homes
- 50601, IA: less expensive homes
- 50599, IA: equally priced homes
Zip Codes with Similar Populations
- 82642, WY: higher priced homes
- 50038, IA: higher priced homes
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- 50165, IA: less expensive homes
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- 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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