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These days, finding an affordable place to live in the 50840 area can be challenging. Home prices in 50840 are now at a median cost of $95,029, lower than the Iowa average of $182,666.
The average cost of rent is $607/mo in 50840, primarily driven by the current value of real estate in the 50840 area. While nearly 46.28% of residents own their homes outright in 50840, 15.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50840 is $4,662 per month. Households that rent pay about 13.03% of their income on rent here. 50840's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 50845, IA: higher priced homes
- 50851, IA: equally priced homes
- 50862, IA: equally priced homes
- 50835, IA: higher priced homes
- 50861, IA: higher priced homes
- 50854, IA: higher priced homes
- 50848, IA: higher priced homes
- 50863, IA: higher priced homes
- 50831, IA: higher priced homes
- 50841, IA: equally priced homes
Zip Codes with Similar Populations
- 25054, WV: less expensive homes
- 84775, UT: higher priced homes
- 83278, ID: higher priced homes
- 82421, WY: higher priced homes
- 36773, AL: less expensive homes
- 36439, AL: less expensive homes
- 31524, GA: less expensive homes
- 28702, NC: higher priced homes
- 28553, NC: higher priced homes
- 28007, NC: higher priced homes
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