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These days, finding an affordable place to live in the 51023 area can be challenging. Home prices in 51023 are now at a median cost of $156,877, lower than the Iowa average of $226,062.
The average cost of rent is $956/mo in 51023, primarily driven by the current value of real estate in the 51023 area. In 51023, 30.95% of households rent, and 49.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 51023 is $7,041 per month. Households that rent pay about 13.57% of their income on rent here. 51023’s most expensive areas are in the northeastern 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
- 51011, IA: higher priced homes
- 57001, SD: higher priced homes
- 51027, IA: higher priced homes
- 57034, SD: higher priced homes
- 51036, IA: higher priced homes
- 51247, IA: higher priced homes
- 51250, IA: higher priced homes
- 57004, SD: higher priced homes
- 51041, IA: higher priced homes
- 51239, IA: higher priced homes
Zip Codes with Similar Populations
- 03048, NH: higher priced homes
- 06093, CT: higher priced homes
- 06063, CT: higher priced homes
- 05679, VT: higher priced homes
- 05489, VT: higher priced homes
- 63037, MO: higher priced homes
- 95917, CA: higher priced homes
- 04742, ME: equally priced homes
- 04654, ME: equally priced homes
- 04048, ME: higher priced homes
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