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These days, finding an affordable place to live in the 51040 area can be challenging. Home prices in 51040 are now at a median cost of $116,444, lower than the Iowa average of $182,666.
The average cost of rent is $799/mo in 51040, primarily driven by the current value of real estate in the 51040 area. While nearly 43.35% of residents own their homes outright in 51040, 23.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in 51040 is $4,738 per month. Households that rent pay about 16.87% of their income on rent here. 51040's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 51523, IA: higher priced homes
- 51063, IA: equally priced homes
- 68020, NE: equally priced homes
- 51010, IA: equally priced homes
- 51558, IA: less expensive homes
- 68039, NE: less expensive homes
- 51572, IA: equally priced homes
- 51034, IA: less expensive homes
- 68038, NE: less expensive homes
- 51060, IA: less expensive homes
Zip Codes with Similar Populations
- 12788, NY: higher priced homes
- 15728, PA: equally priced homes
- 27207, NC: higher priced homes
- 07838, NJ: higher priced homes
- 93437, CA: higher priced homes
- 81419, CO: higher priced homes
- 79501, TX: less expensive homes
- 78377, TX: equally priced homes
- 78164, TX: higher priced homes
- 76444, TX: equally priced homes
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