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Ankeny city, IA

ZIP 50023 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 50023

Median Home Value
$327,200
Median Rent
$1,073
Affordability Snapshot
$90,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,102/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 50023 in Ankeny city, IA, a household would need roughly $90,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,102. That sits below the local median household income ($113,914), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
70.4%+8% vs US avg
x
Vacancy Rate
3.4%-67% vs US avg
x
Broadband Access
92.7%+7% vs US avg
x
4+ Bedrooms
8.9%-40% vs US avg
x
Built Pre-1939
0.3%-97% vs US avg
x
Built Post-2014
6.2%-10% vs US avg
x
Rent Burden >30%
11.9%-76% vs US avg
x
Mortgage-Free
22.4%-41% vs US avg
x
$327,200
Home Value
$1,073
Rent
2007
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached59.4%
  • 1-unit attached14.6%
  • 2-9 units10.2%
  • 10+ units15.5%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$327,200
Median rent$1,073
Owner-occupied70.4%
Vacant3.4%
Price-to-income2.9x
Est. income to buy$90,000