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These days, finding an affordable place to live in the 50240 area can be challenging. Home prices in 50240 are now at a median cost of $212,549, higher than the Iowa average of $182,666.
The average cost of rent is $750/mo in 50240, primarily driven by the current value of real estate in the 50240 area. While nearly 31.81% of residents own their homes outright in 50240, 19.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50240 is $8,002 per month. Households that rent pay about 9.37% of their income on rent here. 50240's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 50033, IA: equally priced homes
- 50218, IA: equally priced homes
- 50160, IA: higher priced homes
- 50229, IA: higher priced homes
- 50257, IA: equally priced homes
- 50210, IA: higher priced homes
- 50222, IA: less expensive homes
- 50273, IA: less expensive homes
- 50125, IA: equally priced homes
- 50145, IA: higher priced homes
Zip Codes with Similar Populations
- 13783, NY: less expensive homes
- 24874, WV: less expensive homes
- 23919, VA: higher priced homes
- 21798, MD: higher priced homes
- 18346, PA: less expensive homes
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- 15926, PA: less expensive homes
- 95445, CA: higher priced homes
- 13622, NY: less expensive homes
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