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These days, finding an affordable place to live in the 50561 area can be challenging. Home prices in 50561 are now at a median cost of $100,113, lower than the Iowa average of $182,666.
The average cost of rent is $589/mo in 50561, primarily driven by the current value of real estate in the 50561 area. While nearly 69.69% of residents own their homes outright in 50561, 27.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50561 is $5,637 per month. Households that rent pay about 10.45% of their income on rent here. 50561's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 50551, IA: equally priced homes
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- 51450, IA: higher priced homes
- 50567, IA: higher priced homes
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- 50563, IA: higher priced homes
- 50552, IA: equally priced homes
Zip Codes with Similar Populations
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- 80436, CO: higher priced homes
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- 56123, MN: higher priced homes
- 55763, MN: higher priced homes
- 55712, MN: higher priced homes
- 54867, WI: equally priced homes
- 52586, IA: higher priced homes
- 52217, IA: equally priced homes
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