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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 $190,136, lower than the Iowa average of $226,062.
The average cost of rent is $764/mo in 50551, primarily driven by the current value of real estate in the 50551 area. In 50551, 7.96% of households rent, and 74.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50551 is $4,282 per month. Households that rent pay about 17.85% of their income on rent here. 50551’s most expensive areas are in the eastern 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
- 50575, IA: less expensive homes
- 50561, IA: less expensive homes
- 50579, IA: less expensive homes
- 50540, IA: less expensive homes
- 50563, IA: higher priced homes
- 50583, IA: less expensive homes
- 50552, IA: less expensive homes
- 50586, IA: less expensive homes
- 50567, IA: less expensive homes
- 51450, IA: equally priced homes
Zip Codes with Similar Populations
- 81129, CO: less expensive homes
- 43974, OH: less expensive homes
- 45172, OH: equally priced homes
- 45617, OH: equally priced homes
- 50269, IA: less expensive homes
- 50467, IA: equally priced homes
- 79748, TX: higher priced homes
- 79783, TX: higher priced homes
- 81045, CO: equally priced homes
- 81084, CO: less expensive homes
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