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These days, finding an affordable place to live in the 50551 area can be challenging. Home prices in 50551 are now at a median cost of $94,194, lower than the Iowa average of $182,666.
The average cost of rent is $656/mo in 50551, primarily driven by the current value of real estate in the 50551 area. While nearly 77.90% of residents own their homes outright in 50551, 10.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50551 is $7,559 per month. Households that rent pay about 8.68% of their income on rent here. 50551's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 50575, IA: less expensive homes
- 50561, IA: equally priced homes
- 50579, IA: equally priced homes
- 50540, IA: equally priced homes
- 50563, IA: higher priced homes
- 50583, IA: equally priced homes
- 50552, IA: equally priced homes
- 50586, IA: equally priced homes
- 50567, IA: higher priced homes
- 51450, IA: higher priced homes
Zip Codes with Similar Populations
- 81129, CO: less expensive homes
- 43974, OH: higher priced homes
- 45172, OH: higher priced homes
- 45617, OH: higher priced homes
- 50269, IA: less expensive homes
- 50467, IA: higher priced homes
- 79748, TX: higher priced homes
- 79783, TX: higher priced homes
- 81045, CO: higher priced homes
- 81084, CO: higher priced homes
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