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These days, finding an affordable place to live in the 50540 area can be challenging. Home prices in 50540 are now at a median cost of $88,142, lower than the Iowa average of $182,666.
The average cost of rent is $542/mo in 50540, primarily driven by the current value of real estate in the 50540 area. While nearly 56.86% of residents own their homes outright in 50540, 19.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50540 is $6,038 per month. Households that rent pay about 8.98% of their income on rent here. 50540's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 50593, IA: higher priced homes
- 50575, IA: less expensive homes
- 50568, IA: higher priced homes
- 50551, IA: equally priced homes
- 50561, IA: higher priced homes
- 50571, IA: higher priced homes
- 50567, IA: higher priced homes
- 50583, IA: higher priced homes
- 50563, IA: higher priced homes
- 50535, IA: higher priced homes
Zip Codes with Similar Populations
- 49958, MI: higher priced homes
- 74957, OK: higher priced homes
- 72865, AR: higher priced homes
- 61931, IL: higher priced homes
- 52053, IA: higher priced homes
- 51573, IA: higher priced homes
- 51461, IA: higher priced homes
- 50846, IA: equally priced homes
- 50510, IA: higher priced homes
- 50229, IA: higher priced homes
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