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Affordable
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These days, finding an affordable place to live in the 50431 area can be challenging. Home prices in 50431 are now at a median cost of $117,000, lower than the Iowa average of $226,062.
The average cost of rent is $668/mo in 50431, primarily driven by the current value of real estate in the 50431 area. In 50431, 17.43% of households rent, and 53.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50431 is $5,521 per month. Households that rent pay about 12.10% of their income on rent here. 50431’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
- 50452, IA: higher priced homes
- 50420, IA: equally priced homes
- 50441, IA: equally priced homes
- 50071, IA: less expensive homes
- 50041, IA: higher priced homes
- 50470, IA: less expensive homes
- 50427, IA: higher priced homes
- 50633, IA: higher priced homes
- 50475, IA: higher priced homes
- 50101, IA: less expensive homes
Zip Codes with Similar Populations
- 76842, TX: higher priced homes
- 73487, OK: higher priced homes
- 73658, OK: equally priced homes
- 73720, OK: higher priced homes
- 74522, OK: higher priced homes
- 74534, OK: less expensive homes
- 74540, OK: higher priced homes
- 74646, OK: less expensive homes
- 75641, TX: higher priced homes
- 76388, TX: less expensive homes
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