The Most Affordable Neighborhoods in 51450, IA by Home Value

 

51450, IA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 51450 area can be challenging. Home prices in 51450 are now at a median cost of $191,996, lower than the Iowa average of $226,062.

The average cost of rent is $732/mo in 51450, primarily driven by the current value of real estate in the 51450 area. In 51450, 15.72% of households rent, and 64.22% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in 51450 is $6,540 per month. Households that rent pay about 11.19% of their income on rent here. 51450’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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