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Affordable
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These days, finding an affordable place to live in the 51231 area can be challenging. Home prices in 51231 are now at a median cost of $193,341, lower than the Iowa average of $226,062.
The average cost of rent is $458/mo in 51231, primarily driven by the current value of real estate in the 51231 area. In 51231, 17.11% of households rent, and 47.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 51231 is $7,666 per month. Households that rent pay about 5.98% of their income on rent here. 51231’s most expensive areas are in the northeastern 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
- 51245, IA: equally priced homes
- 51248, IA: equally priced homes
- 51201, IA: higher priced homes
- 51238, IA: equally priced homes
- 51244, IA: higher priced homes
- 51234, IA: higher priced homes
- 51346, IA: less expensive homes
- 51350, IA: less expensive homes
- 51041, IA: higher priced homes
- 51239, IA: higher priced homes
Zip Codes with Similar Populations
- 39867, GA: less expensive homes
- 75450, TX: higher priced homes
- 75413, TX: higher priced homes
- 73744, OK: less expensive homes
- 97906, OR: higher priced homes
- 63665, MO: equally priced homes
- 41766, KY: less expensive homes
- 41760, KY: less expensive homes
- 41745, KY: less expensive homes
- 41729, KY: less expensive homes
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