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These days, finding an affordable place to live in the 50242 area can be challenging. Home prices in 50242 are now at a median cost of $192,676, higher than the Iowa average of $182,666.
The average cost of rent is $826/mo in 50242, primarily driven by the current value of real estate in the 50242 area. While nearly 24.75% of residents own their homes outright in 50242, 20.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50242 is $7,378 per month. Households that rent pay about 11.20% of their income on rent here. 50242's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 50153, IA: less expensive homes
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- 50137, IA: higher priced homes
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- 50232, IA: equally priced homes
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- 50104, IA: less expensive homes
- 52222, IA: less expensive homes
Zip Codes with Similar Populations
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