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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in ZCTA5 50008, Iowa?

$641/month 9.9%vs 2023 ($583)

ZIP code · Census ACS 5-Year estimates

The median gross rent in ZCTA5 50008, Iowa (ZIP 50008) is $641/month (±$442), based on Census ACS 5-Year estimates (2024). The median home value is $115,100 (±$49,755), and the median household income is $75,417/year. The unemployment rate in Wayne County, Iowa was 2.1% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 50008

MetricValue
Median Gross Rent$641
Median Home Value$115,100
Median Household Income$75,417
Total Housing Units321
Renter-Occupied Units48
Renter-Occupied Share15%
Households Paying 50%+ Income3 households
Unemployment Rate(April 2026)2.1%

How does ZIP 50008 compare?

Median gross rent ranked against all ZIP codes in Iowa.

Higher rent than 15% of ZIP codes in Iowa · 661th of 779

Cheapest: ZCTA5 50611($358)
Priciest: ZCTA5 50065($2,150)
#ZIP codeValue
1ZCTA5 50065$2,150
2ZCTA5 50229$2,096
3ZCTA5 51654$1,725
… 657 more …
661ZCTA5 50008(you are here)$641
… 115 more …
777ZCTA5 50611$358
778ZCTA5 51653$295
779ZCTA5 51010$99

Geography

ZIP 50008 is in Wayne County, Iowa.

It covers part of Allerton city, Iowa.

More data for ZCTA5 50008

Frequently asked questions

What is the average rent in ZCTA5 50008, Iowa?

The median gross rent in ZCTA5 50008, Iowa (ZIP 50008) is $641/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in ZCTA5 50008, Iowa?

The median rent for a 2-bedroom in ZCTA5 50008, Iowa is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in ZCTA5 50008, Iowa?

The median home value in ZCTA5 50008, Iowa (ZIP 50008) is $115,100 according to Census ACS 5-Year estimates (2024).

What percentage of renters in ZCTA5 50008 are rent-burdened?

In ZCTA5 50008, Iowa, 3 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in ZCTA5 50008, Iowa?

The median household income in ZCTA5 50008, Iowa is $75,417/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $641 has a margin of error of ±$442. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.