US5.com
  1. Home
  2. States
  3. Iowa
  4. ZIP 51354
  5. Housing & Real Estate
Ocheyedan city, IA

ZIP 51354 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 51354

Median Home Value
$128,800
Median Rent
$433
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$827/mo PITI).

7%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.8 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 51354 in Ocheyedan city, IA, a household would need roughly $35,000 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 $827. That sits below the local median household income ($70,625), 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

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.5%+29% vs US avg
x
Vacancy Rate
11.2%+9% vs US avg
x
Broadband Access
79.1%-9% vs US avg
x
4+ Bedrooms
6.8%-54% vs US avg
x
Built Pre-1939
14.6%+14% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
42.9%-14% vs US avg
x
Mortgage-Free
54.4%+42% vs US avg
x
$128,800
Home Value
$433
Rent
1945
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

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

  • 1-unit detached92.7%
  • 1-unit attached1.4%
  • 2-9 units4.8%
  • 10+ units1.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$128,800
Median rent$433
Owner-occupied84.5%
Vacant11.2%
Price-to-income1.8x
Est. income to buy$35,000