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These days, finding an affordable place to live in the 51240 area can be challenging. Home prices in 51240 are now at a median cost of $209,884, higher than the Iowa average of $182,666.
The average cost of rent is $799/mo in 51240, primarily driven by the current value of real estate in the 51240 area. While nearly 41.74% of residents own their homes outright in 51240, 15.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 51240 is $6,088 per month. Households that rent pay about 13.12% of their income on rent here. 51240's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 51230, IA: higher priced homes
- 57027, SD: less expensive homes
- 57013, SD: less expensive homes
- 51241, IA: equally priced homes
- 51242, IA: higher priced homes
- 51235, IA: less expensive homes
- 57032, SD: higher priced homes
- 51246, IA: equally priced homes
- 57077, SD: equally priced homes
- 57108, SD: higher priced homes
Zip Codes with Similar Populations
- 27252, NC: less expensive homes
- 04289, ME: less expensive homes
- 76271, TX: higher priced homes
- 76859, TX: less expensive homes
- 81073, CO: less expensive homes
- 82513, WY: higher priced homes
- 83353, ID: higher priced homes
- 35677, AL: less expensive homes
- 86020, AZ: less expensive homes
- 29685, SC: higher priced homes
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