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These days, finding an affordable place to live in the 50247 area can be challenging. Home prices in 50247 are now at a median cost of $188,234, lower than the Iowa average of $226,062.
The average cost of rent is $851/mo in 50247, primarily driven by the current value of real estate in the 50247 area. In 50247, 16.78% of households rent, and 31.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50247 is $7,040 per month. Households that rent pay about 12.08% of their income on rent here. 50247’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
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Zip Codes with Similar Populations
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