ZIP Code · IA

ZIP 50208

Part of Newton, IA

Pop. 20,595·Jasper County·45th most expensive ZIP in Iowa

Median rent (all units)

$947/mo

Year-over-Year

Stable

Month-over-Month

-0.2%

vs US Median

-$985

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 50208 · $947

More affordable than 99% 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

$1,010

3 BR

$1,350

4 BR+

$1,370

Research median

$1,010/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

What a typical income covers

30% of the median household income ($62,306) is $1,558 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,370).

From Zillow's monthly rent index (ZORI) for ZIP 50208. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$11,364/yr

At $947/mo median

Location

CityNewton

StateIA

CountyJasper 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 (+0.0% YoY, -0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 50208 (Newton, IA) is majority owner-occupied, has a large retiree population, has a median income below the national average, 17.9% of residents hold a bachelor's degree or higher.

Population

20,595

Median income

$62,306

Median age

42.7

Renters

34.5%

Age distribution

19.4%

19.7%

26.6%

14%

20.3%

Under 1819.4%

18–3419.7%

35–5426.6%

55–6414%

65+20.3%

Gender

53.8%

46.2%

Male53.8%

Female46.2%

Race & ethnicity

87.4%

White87.4%

Black2.3%

Hispanic5%

Asian1%

Other4.3%

Education (25+)

41.9%

32.4%

17.9%

No HS diploma7.8%

HS diploma41.9%

Some college32.4%

Bachelor's+17.9%

Housing tenure

65.5%

34.5%

Owner65.5%

Renter34.5%

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

2021 vs 2026

How ZIP 50208 in Newton, IA has changed in 5 years

Income

$54,804 → $62,306

up 13.7%

Population

20,424 → 20,595

up 0.8%

Renter share

26.9% → 34.5%

+7.6 pts

Bachelor's+

16.1% → 17.9%

+1.8 pts

Median age

42.2 → 42.7

+0.5 yrs

On the earnings side, the typical household in ZIP 50208 in Newton, IA now reports about $62,306, up from $54,804 in 2021. Renters now make up 34.5% of households, compared with 26.9% five years ago.

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Local insights

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About renting in ZIP 50208

Last updated: October 17, 2026

ZIP code 50208 covers Newton, IA. The median rent here is $947/mo as of October 2026. A 1-bedroom rents for a median of $790/mo. A 2-bedroom rents for a median of $1,010/mo.

At 18% of local median household income ($62,306/yr), ZIP 50208 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 50208?

To keep rent at or below 30% of gross income, you would need to earn at least $38,000/year (about $18/hour full-time) to afford the median rent of $947/mo in ZIP 50208. The local median household income is $62,306/yr, so the typical household meets that bar.