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These days, finding an affordable place to live in the 51016 area can be challenging. Home prices in 51016 are now at a median cost of $88,740, lower than the Iowa average of $182,666.
The average cost of rent is $683/mo in 51016, primarily driven by the current value of real estate in the 51016 area. While nearly 54.70% of residents own their homes outright in 51016, 12.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 51016 is $4,761 per month. Households that rent pay about 14.34% of their income on rent here. 51016's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 51018, IA: equally priced homes
- 51048, IA: higher priced homes
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- 51004, IA: equally priced homes
- 51028, IA: higher priced homes
- 51025, IA: higher priced homes
- 51039, IA: higher priced homes
- 51006, IA: less expensive homes
- 51445, IA: higher priced homes
- 51020, IA: equally priced homes
Zip Codes with Similar Populations
- 74536, OK: less expensive homes
- 25652, WV: equally priced homes
- 29104, SC: higher priced homes
- 29635, SC: higher priced homes
- 36505, AL: higher priced homes
- 38342, TN: equally priced homes
- 38929, MS: equally priced homes
- 41262, KY: less expensive homes
- 42159, KY: higher priced homes
- 42286, KY: higher priced homes
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