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These days, finding an affordable place to live in the 50231 area can be challenging. Home prices in 50231 are now at a median cost of $243,900, higher than the Iowa average of $226,062.
The average cost of rent is $1,344/mo in 50231, primarily driven by the current value of real estate in the 50231 area. In 50231, 10.53% of households rent, and 45.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50231 is $8,205 per month. Households that rent pay about 16.38% of their income on rent here. 50231’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
- 50248, IA: equally priced homes
- 50130, IA: less expensive homes
- 50075, IA: less expensive homes
- 50236, IA: less expensive homes
- 50105, IA: higher priced homes
- 50230, IA: less expensive homes
- 50246, IA: less expensive homes
- 50102, IA: less expensive homes
- 50154, IA: equally priced homes
- 50132, IA: less expensive homes
Zip Codes with Similar Populations
- 82944, WY: higher priced homes
- 47263, IN: higher priced homes
- 49674, MI: higher priced homes
- 53596, WI: higher priced homes
- 79560, TX: less expensive homes
- 79834, TX: equally priced homes
- 80754, CO: higher priced homes
- 81646, CO: higher priced homes
- 82222, WY: less expensive homes
- 82620, WY: higher priced homes
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