ZIP Code · IA

ZIP 50211

Part of Norwalk, IA
Pop. 16,835·Warren County·30th most expensive ZIP in Iowa
Median rent (all units)
$1,208/mo
Year-over-Year
Stable
Month-over-Month
-0.7%
vs US Median
-$724
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 50211 · $1,208
More affordable than 91% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,050
1 BR
$1,090
2 BR
$1,300
3 BR
$1,770
4 BR+
$1,820
Research median
$1,300/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 ($103,712) is $2,593 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,820).

Cheaper nearby

ZIP 50321, 6 miles away, rents for 13% less ($1,057/mo), about $1,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 50211. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,496/yr
At $1,208/mo median
Location
StateIA
CountyWarren 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, -0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 50211 (Norwalk, IA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 37% of residents hold a bachelor's degree or higher.

Population
16,835
Median income
$103,712
Median age
38.7
Renters
15.7%
Age distribution
26.4%
19%
27.7%
12.8%
14%
Under 1826.4%
18–3419%
35–5427.7%
55–6412.8%
65+14%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
93.5%
White93.5%
Hispanic3.5%
Asian1.1%
Other1.5%
Education (25+)
22.5%
37.6%
37%
No HS diploma2.8%
HS diploma22.5%
Some college37.6%
Bachelor's+37%
Housing tenure
84.3%
15.7%
Owner84.3%
Renter15.7%

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

2021 vs 2026

How ZIP 50211 in Norwalk, IA has changed in 5 years

Income
$92,363 → $103,712
up 12.3%
Population
14,905 → 16,835
up 12.9%
Renter share
15.8% → 15.7%
-0.1 pts
Bachelor's+
38.2% → 37%
-1.2 pts
Median age
36.8 → 38.7
+1.9 yrs

Household income in the area moved from $92,363 to $103,712 across the same window, up 12.3% versus 2021. Census counts show ZIP 50211 in Norwalk, IA adding about 1,930 residents over the five-year window, up 12.9% on net.

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Local insights

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About renting in ZIP 50211

Last updated: October 17, 2026

ZIP code 50211 covers Norwalk, IA. The median rent here is $1,208/mo as of October 2026. A 1-bedroom rents for a median of $1,090/mo. A 2-bedroom rents for a median of $1,300/mo.

At 14% of local median household income ($103,712/yr), ZIP 50211 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 50211?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (about $23/hour full-time) to afford the median rent of $1,208/mo in ZIP 50211. The local median household income is $103,712/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 50211?

Rent in ZIP 50211 has been roughly flat over the past year, a 0.0% change.

How does ZIP 50211 compare to other ZIPs in Iowa?

ZIP 50211 is in the middle among Iowa ZIP codes for rent, ranking #30 of 54 at $1,208/mo.

How does ZIP 50211 compare to the rest of Norwalk?

ZIP 50211 sits right at the Norwalk citywide median of $1,208/mo.
Income Affordability
14%
VERY AFFORDABLE

At $1,208/mo, rent takes ~14% of ZIP 50211's median household income ($103,712/yr). The standard benchmark is 30%.

ZIP 50211 14%Benchmark 30%
State income tax3.8%
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Schools nearby

Public schools near ZIP 50211 (Norwalk, IA)

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