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These days, finding an affordable place to live in the 50831 area can be challenging. Home prices in 50831 are now at a median cost of $124,000, lower than the Iowa average of $182,666.
The average cost of rent is $875/mo in 50831, primarily driven by the current value of real estate in the 50831 area. While nearly 61.43% of residents own their homes outright in 50831, 6.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50831 is $5,729 per month. Households that rent pay about 15.27% of their income on rent here. 50831's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 50861, IA: equally priced homes
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- 50074, IA: higher priced homes
- 50801, IA: equally priced homes
- 50845, IA: equally priced homes
- 50842, IA: equally priced homes
- 50174, IA: equally priced homes
- 50108, IA: less expensive homes
Zip Codes with Similar Populations
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- 64102, MO: higher priced homes
- 63738, MO: less expensive homes
- 70421, LA: higher priced homes
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