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These days, finding an affordable place to live in the 51031 area can be challenging. Home prices in 51031 are now at a median cost of $221,220, lower than the Iowa average of $226,062.
The average cost of rent is $954/mo in 51031, primarily driven by the current value of real estate in the 51031 area. In 51031, 35.12% of households rent, and 51.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 51031 is $6,407 per month. Households that rent pay about 14.89% of their income on rent here. 51031’s most expensive areas are in the southeastern 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
- 51008, IA: equally priced homes
- 51045, IA: less expensive homes
- 51038, IA: equally priced homes
- 51050, IA: equally priced homes
- 51024, IA: higher priced homes
- 51035, IA: less expensive homes
- 51001, IA: less expensive homes
- 51062, IA: higher priced homes
- 51014, IA: less expensive homes
- 57025, SD: higher priced homes
Zip Codes with Similar Populations
- 02458, MA: higher priced homes
- 36272, AL: less expensive homes
- 78076, TX: less expensive homes
- 85118, AZ: higher priced homes
- 27214, NC: higher priced homes
- 89143, NV: higher priced homes
- 92014, CA: higher priced homes
- 94065, CA: higher priced homes
- 20872, MD: higher priced homes
- 20678, MD: higher priced homes
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