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Affordable
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These days, finding an affordable place to live in the 51301 area can be challenging. Home prices in 51301 are now at a median cost of $192,528, lower than the Iowa average of $226,062.
The average cost of rent is $782/mo in 51301, primarily driven by the current value of real estate in the 51301 area. In 51301, 30.04% of households rent, and 44.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 51301 is $5,409 per month. Households that rent pay about 14.45% of their income on rent here. 51301’s most expensive areas are in the western regions, while the cheapest areas are in the eastern 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
- 51340, IA: equally priced homes
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Zip Codes with Similar Populations
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