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ZIP Code · IA

ZIP 50009

Part of Altoona, IA
Pop. 22,886·Polk County·9th most expensive ZIP in Iowa
Median rent (all units)
$1,436/mo
Year-over-Year
-6.2%
Month-over-Month
-6.7%
vs US Median
-$529
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 50009 · $1,436
More affordable than 78% of US ZIP codes · National median $1,965/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$1,140
1 BR
$1,190
2 BR
$1,410
3 BR
$1,920
4 BR+
$1,970
Research median
$1,410/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$17,232/yr
At $1,436/mo median
Location
StateIA
CountyPolk County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 6.2% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-6.2% YoY, -6.7% MoM), not inventory.
Demographics

Who lives here

ZIP 50009 (Altoona, IA) is majority owner-occupied, 34.4% of residents hold a bachelor's degree or higher.

Population
22,886
Median income
$88,447
Median age
37
Renters
29.5%
Age distribution
24.9%
22.1%
24%
18%
Under 1824.9%
18–3422.1%
35–5424%
55–6411.1%
65+18%
Gender
46.8%
53.2%
Male46.8%
Female53.2%
Race & ethnicity
85.2%
White85.2%
Black4.9%
Hispanic6.1%
Asian2.2%
Other1.6%
Education (25+)
31.5%
30.5%
34.4%
No HS diploma3.6%
HS diploma31.5%
Some college30.5%
Bachelor's+34.4%
Housing tenure
70.5%
29.5%
Owner70.5%
Renter29.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 50009 in Altoona, IA has changed in 5 years

Income
$84,204 → $88,447
up 5.0%
Population
20,580 → 22,886
up 11.2%
Renter share
29.7% → 29.5%
-0.2 pts
Bachelor's+
30.6% → 34.4%
+3.8 pts

On the earnings side, the typical household in ZIP 50009 in Altoona, IA now reports about $88,447, up from $84,204 in 2021. Census counts show ZIP 50009 in Altoona, IA adding about 2,306 residents over the five-year window, up 11.2% on net. Bachelor's-degree-or-higher attainment moved from 30.6% to 34.4% across the same window.

Community

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Local insights

Tips for renters in ZIP 50009

About renting in ZIP 50009

Last updated: July 20, 2026

ZIP code 50009 covers Altoona, IA. The median rent here is $1,436/mo as of July 2026. A 1-bedroom rents for a median of $1,190/mo. A 2-bedroom rents for a median of $1,410/mo.

At 19% of local median household income ($88,447/yr), ZIP 50009 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 50009?

As of July 20, 2026, the median monthly rent in ZIP 50009 (Altoona, IA) is $1,436. This is based on aggregated data from public sources and community submissions.

How does ZIP 50009 rent compare to the US average?

ZIP 50009's median rent of $1,436/mo is $529 (27%) below the US national median of $1,965/mo.

How does ZIP 50009 compare to other ZIPs in Iowa?

ZIP 50009 is one of the pricier ZIP codes in Iowa, ranking #9 out of 55 ZIPs tracked at $1,436/mo.

How much income do you need to rent in ZIP 50009?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,436/mo in ZIP 50009. The local median household income is $88,447/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 50009?

Rent in ZIP 50009 has decreased 6.2% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 50009 an affordable place to rent?

ZIP 50009 is considered very affordable for renters. At $1,436/mo, rent takes approximately 19% of the local median household income ($88,447/yr). The standard benchmark is 30%. ZIP 50009 falls comfortably within that range.

What percentage of ZIP 50009 residents rent vs. own?

According to Census data, approximately 29.5% of ZIP 50009 households are renters, while 70.5% are owner-occupied. ZIP 50009 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 50009 compare to the rest of Altoona?

ZIP 50009 sits right at the Altoona citywide median of $1,436/mo.

When was rent data for ZIP 50009 last updated?

Rent data for ZIP 50009 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,436/mo, rent takes ~19% of ZIP 50009's median household income ($88,447/yr). The standard benchmark is 30%.

ZIP 50009 19%Benchmark 30%
State income tax3.8%
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Schools nearby

Public schools near ZIP 50009 (Altoona, IA)

Recent submissions

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