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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 $159,460, lower than the Iowa average of $226,062.
The average cost of rent is $983/mo in 51040, primarily driven by the current value of real estate in the 51040 area. In 51040, 25.14% of households rent, and 42.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 51040 is $5,509 per month. Households that rent pay about 17.85% of their income on rent here. 51040’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern 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
- 51523, IA: higher priced homes
- 51063, IA: equally priced homes
- 68020, NE: higher priced homes
- 51010, IA: less expensive homes
- 51558, IA: equally priced homes
- 68039, NE: less expensive homes
- 51572, IA: less expensive 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: less expensive 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: less expensive homes
- 78164, TX: higher priced homes
- 76444, TX: less expensive homes
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