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These days, finding an affordable place to live in the 50623 area can be challenging. Home prices in 50623 are now at a median cost of $172,700, lower than the Iowa average of $226,062.
The average cost of rent is $533/mo in 50623, primarily driven by the current value of real estate in the 50623 area. In 50623, 9.12% of households rent, and 54.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50623 is $6,441 per month. Households that rent pay about 8.28% of their income on rent here. 50623’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
- 50667, IA: higher priced homes
- 50626, IA: higher priced homes
- 50707, IA: less expensive homes
- 50703, IA: less expensive homes
- 50702, IA: less expensive homes
- 50634, IA: higher priced homes
- 50701, IA: higher priced homes
- 50648, IA: higher priced homes
- 50629, IA: higher priced homes
- 50613, IA: higher priced homes
Zip Codes with Similar Populations
- 87060, NM: higher priced homes
- 45624, OH: less expensive homes
- 46154, IN: higher priced homes
- 46595, IN: higher priced homes
- 47174, IN: less expensive homes
- 84732, UT: higher priced homes
- 85627, AZ: higher priced homes
- 85942, AZ: higher priced homes
- 86016, AZ: higher priced homes
- 44856, OH: less expensive homes
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