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These days, finding an affordable place to live in the 50845 area can be challenging. Home prices in 50845 are now at a median cost of $156,623, lower than the Iowa average of $226,062.
The average cost of rent is $774/mo in 50845, primarily driven by the current value of real estate in the 50845 area. In 50845, 17.16% of households rent, and 53.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50845 is $6,013 per month. Households that rent pay about 12.88% of their income on rent here. 50845’s most expensive areas are in the northern 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
- 50840, IA: less expensive homes
- 50835, IA: equally priced homes
- 50861, IA: equally priced homes
- 50863, IA: higher priced homes
- 50854, IA: equally priced homes
- 50831, IA: equally priced homes
- 50851, IA: less expensive homes
- 50074, IA: higher priced homes
- 50862, IA: less expensive homes
- 50133, IA: higher priced homes
Zip Codes with Similar Populations
- 61863, IL: higher priced homes
- 77661, TX: less expensive homes
- 76475, TX: equally priced homes
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- 75247, TX: higher priced homes
- 73092, OK: equally priced homes
- 72832, AR: less expensive homes
- 72044, AR: higher priced homes
- 72025, AR: less expensive homes
- 71838, AR: equally priced homes
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