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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in ZCTA5 50602, Iowa?

$725/month 17.9%vs 2023 ($615)

ZIP code · Census ACS 5-Year estimates

The median gross rent in ZCTA5 50602, Iowa (ZIP 50602) is $725/month (±$184), based on Census ACS 5-Year estimates (2024). The median home value is $118,100 (±$14,408), and the median household income is $67,188/year. The unemployment rate in Butler County, Iowa was 2.8% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 50602

MetricValue
Median Gross Rent$725
Median Home Value$118,100
Median Household Income$67,188
Total Housing Units568
Renter-Occupied Units127
Renter-Occupied Share22%
Households Paying 50%+ Income47 households
Unemployment Rate(April 2026)2.8%

How does ZIP 50602 compare?

Median gross rent ranked against all ZIP codes in Iowa.

Higher rent than 29% of ZIP codes in Iowa · 554th 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
… 550 more …
554ZCTA5 50602(you are here)$725
… 222 more …
777ZCTA5 50611$358
778ZCTA5 51653$295
779ZCTA5 51010$99

Geography

ZIP 50602 is in Butler County, Iowa.

It covers part of Allison city, Iowa.

More data for ZCTA5 50602

Frequently asked questions

What is the average rent in ZCTA5 50602, Iowa?

The median gross rent in ZCTA5 50602, Iowa (ZIP 50602) is $725/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 50602, Iowa?

The median rent for a 2-bedroom in ZCTA5 50602, 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 50602, Iowa?

The median home value in ZCTA5 50602, Iowa (ZIP 50602) is $118,100 according to Census ACS 5-Year estimates (2024).

What percentage of renters in ZCTA5 50602 are rent-burdened?

In ZCTA5 50602, Iowa, 47 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 50602, Iowa?

The median household income in ZCTA5 50602, Iowa is $67,188/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 $725 has a margin of error of ±$184. 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.