ZIP Code · IA

ZIP 50036

Part of Boone, IA
Pop. 16,154·Boone County·52nd most expensive ZIP in Iowa
Median rent (all units)
$814/mo
Year-over-Year
+0.7%
Month-over-Month
-0.7%
vs US Median
-$1,118
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 50036 · $814
More affordable than 100% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$790
1 BR
$790
2 BR
$1,030
3 BR
$1,430
4 BR+
$1,510
Research median
$1,030/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Iowa

Rent in ZIP 50036 changed +0.7% over the year to September 2026. Across the 45 Iowa ZIP codes Zillow tracks, the typical change was +4.3%.

Recent direction

Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($79,255) is $1,981 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,510).

From Zillow's monthly rent index (ZORI) for ZIP 50036. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$9,768/yr
At $814/mo median
Location
CityBoone
StateIA
CountyBoone County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.7% YoY, -0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 50036 (Boone, IA) is majority owner-occupied, 28% of residents hold a bachelor's degree or higher.

Population
16,154
Median income
$79,255
Median age
41.8
Renters
23.2%
Age distribution
20.4%
20.1%
26.7%
14.1%
18.7%
Under 1820.4%
18–3420.1%
35–5426.7%
55–6414.1%
65+18.7%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
94.2%
White94.2%
Black1%
Hispanic3%
Other1.7%
Education (25+)
31%
35.9%
28%
No HS diploma5.2%
HS diploma31%
Some college35.9%
Bachelor's+28%
Housing tenure
76.8%
23.2%
Owner76.8%
Renter23.2%

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

2021 vs 2026

How ZIP 50036 in Boone, IA has changed in 5 years

Income
$67,269 → $79,255
up 17.8%
Population
16,373 → 16,154
down 1.3%
Renter share
21.4% → 23.2%
+1.8 pts
Bachelor's+
24% → 28%
+4.0 pts
Median age
40.7 → 41.8
+1.1 yrs

Median household income grew from $67,269 to $79,255 between 2021 and 2024, a 17.8% shift. Headcount in the area went from 16,373 to 16,154 between 2021 and 2024, a 1.3% change. About 23.2% of households rent today, against 21.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 24% to 28%.

Community

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Local insights

Tips for renters in ZIP 50036

About renting in ZIP 50036

Last updated: October 17, 2026

ZIP code 50036 covers Boone, IA. The median rent here is $814/mo as of October 2026. A 1-bedroom rents for a median of $790/mo. A 2-bedroom rents for a median of $1,030/mo.

At 12% of local median household income ($79,255/yr), ZIP 50036 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 50036?

To keep rent at or below 30% of gross income, you would need to earn at least $33,000/year (about $16/hour full-time) to afford the median rent of $814/mo in ZIP 50036. The local median household income is $79,255/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 50036?

Rent in ZIP 50036 has risen 0.7% over the past year.

How does ZIP 50036 compare to other ZIPs in Iowa?

ZIP 50036 is one of the more affordable among Iowa ZIP codes for rent, ranking #52 of 54 at $814/mo. Over the year to September 2026, rent in ZIP 50036 changed +0.7%, against a typical +4.3% across the 45 Iowa ZIP codes Zillow tracks.

How does ZIP 50036 compare to the rest of Boone?

ZIP 50036 sits right at the Boone citywide median of $814/mo.
Income Affordability
12%
VERY AFFORDABLE

At $814/mo, rent takes ~12% of ZIP 50036's median household income ($79,255/yr). The standard benchmark is 30%.

ZIP 50036 12%Benchmark 30%
State income tax3.8%
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Schools nearby

Public schools near ZIP 50036 (Boone, IA)

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