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Affordable
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These days, finding an affordable place to live in the 51005 area can be challenging. Home prices in 51005 are now at a median cost of $157,506, lower than the Iowa average of $226,062.
The average cost of rent is $813/mo in 51005, primarily driven by the current value of real estate in the 51005 area. In 51005, 13.11% of households rent, and 54.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 51005 is $6,279 per month. Households that rent pay about 12.94% of their income on rent here. 51005’s most expensive areas are in the southwestern 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
- 51012, IA: equally priced homes
- 51002, IA: equally priced homes
- 51049, IA: less expensive homes
- 51029, IA: higher priced homes
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- 50588, IA: higher priced homes
- 50576, IA: less expensive homes
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- 50585, IA: less expensive homes
Zip Codes with Similar Populations
- 64762, MO: equally priced homes
- 44082, OH: less expensive homes
- 45881, OH: equally priced homes
- 49640, MI: higher priced homes
- 01262, MA: higher priced homes
- 54858, WI: higher priced homes
- 54979, WI: higher priced homes
- 55954, MN: higher priced homes
- 58042, ND: higher priced homes
- 58785, ND: higher priced homes
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