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These days, finding an affordable place to live in the 51562 area can be challenging. Home prices in 51562 are now at a median cost of $158,914, lower than the Iowa average of $226,062.
The average cost of rent is $822/mo in 51562, primarily driven by the current value of real estate in the 51562 area. In 51562, 15.99% of households rent, and 42.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 51562 is $7,389 per month. Households that rent pay about 11.13% of their income on rent here. 51562’s most expensive areas are in the southern 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
- 51578, IA: equally priced homes
- 51530, IA: equally priced homes
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- 51537, IA: higher priced homes
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- 51529, IA: equally priced homes
- 51579, IA: higher priced homes
- 51447, IA: equally priced homes
- 51446, IA: equally priced homes
- 51546, IA: higher priced homes
Zip Codes with Similar Populations
- 67470, KS: higher priced homes
- 64437, MO: equally priced homes
- 64471, MO: less expensive homes
- 64493, MO: higher priced homes
- 64620, MO: higher priced homes
- 65283, MO: higher priced homes
- 65456, MO: equally priced homes
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- 66406, KS: less expensive homes
- 66754, KS: less expensive homes
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