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These days, finding an affordable place to live in the 50851 area can be challenging. Home prices in 50851 are now at a median cost of $128,542, lower than the Iowa average of $226,062.
The average cost of rent is $943/mo in 50851, primarily driven by the current value of real estate in the 50851 area. In 50851, 22.64% of households rent, and 47.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50851 is $5,589 per month. Households that rent pay about 16.87% of their income on rent here. 50851’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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: equally priced homes
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- 50835, IA: higher priced homes
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Zip Codes with Similar Populations
- 98850, WA: higher priced homes
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- 78650, TX: higher priced homes
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