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These days, finding an affordable place to live in the 51045 area can be challenging. Home prices in 51045 are now at a median cost of $198,300, lower than the Iowa average of $226,062.
The average cost of rent is $875/mo in 51045, primarily driven by the current value of real estate in the 51045 area. In 51045, 17.18% of households rent, and 45.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 51045 is $8,177 per month. Households that rent pay about 10.70% of their income on rent here. 51045’s most expensive areas are in the central 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
- 51050, IA: higher priced homes
- 51031, IA: higher priced homes
- 51008, IA: higher priced homes
- 51003, IA: higher priced homes
- 51036, IA: higher priced homes
- 51035, IA: equally priced homes
- 51038, IA: higher priced homes
- 51022, IA: equally priced homes
- 51027, IA: higher priced homes
- 51014, IA: less expensive homes
Zip Codes with Similar Populations
- 35774, AL: less expensive homes
- 89420, NV: less expensive homes
- 89405, NV: higher priced homes
- 89054, NV: higher priced homes
- 88421, NM: equally priced homes
- 88343, NM: higher priced homes
- 88055, NM: higher priced homes
- 88051, NM: higher priced homes
- 37733, TN: less expensive homes
- 37730, TN: less expensive homes
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