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ZIP Code · IA

ZIP 50263

Part of Waukee, IA
Pop. 29,611·Dallas County·3rd most expensive ZIP in Iowa
Median rent (all units)
$1,658/mo
Year-over-Year
+10.0%
Month-over-Month
+1.8%
vs US Median
-$307
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 50263 · $1,658
More affordable than 62% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,250
2 BR
$1,490
3 BR
$2,030
4 BR+
$2,080
Research median
$1,490/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
$19,896/yr
At $1,658/mo median
Location
CityWaukee
StateIA
CountyDallas County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.0% YoY, +1.8% MoM), not inventory.
Demographics

Who lives here

ZIP 50263 (Waukee, IA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 58.3% of residents hold a bachelor's degree or higher.

Population
29,611
Median income
$102,762
Median age
35
Renters
33%
Age distribution
27.1%
23%
29.5%
Under 1827.1%
18–3423%
35–5429.5%
55–648.9%
65+11.6%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
79.8%
White79.8%
Black5%
Hispanic5.9%
Asian6.5%
Other2.9%
Education (25+)
25.7%
58.3%
No HS diploma4.5%
HS diploma11.5%
Some college25.7%
Bachelor's+58.3%
Housing tenure
67%
33%
Owner67%
Renter33%

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

2021 vs 2026

How ZIP 50263 in Waukee, IA has changed in 5 years

Income
$102,478 → $102,762
up 0.3%
Population
24,074 → 29,611
up 23.0%
Renter share
27.7% → 33%
+5.3 pts
Bachelor's+
56.2% → 58.3%
+2.1 pts
Median age
34.3 → 35
+0.7 yrs

Household income in the area moved from $102,478 to $102,762 across the same window, up 0.3% versus 2021. The population has grown by 23.0% since 2021, moving from about 24,074 residents to roughly 29,611. Renters now make up 33% of households, compared with 27.7% five years ago. College-educated residents now make up 58.3% of adults here, versus 56.2% in 2021.

Community

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Local insights

Tips for renters in ZIP 50263

About renting in ZIP 50263

Last updated: July 20, 2026

ZIP code 50263 covers Waukee, IA. The median rent here is $1,658/mo as of July 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,490/mo.

At 19% of local median household income ($102,762/yr), ZIP 50263 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 50263?

As of July 20, 2026, the median monthly rent in ZIP 50263 (Waukee, IA) is $1,658. This is based on aggregated data from public sources and community submissions.

How does ZIP 50263 rent compare to the US average?

ZIP 50263's median rent of $1,658/mo is $307 (16%) below the US national median of $1,965/mo.

How does ZIP 50263 compare to other ZIPs in Iowa?

ZIP 50263 is one of the pricier ZIP codes in Iowa, ranking #3 out of 55 ZIPs tracked at $1,658/mo.

How much income do you need to rent in ZIP 50263?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,658/mo in ZIP 50263. The local median household income is $102,762/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 50263?

Rent in ZIP 50263 has increased 10.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 50263 an affordable place to rent?

ZIP 50263 is considered very affordable for renters. At $1,658/mo, rent takes approximately 19% of the local median household income ($102,762/yr). The standard benchmark is 30%. ZIP 50263 falls comfortably within that range.

What percentage of ZIP 50263 residents rent vs. own?

According to Census data, approximately 33% of ZIP 50263 households are renters, while 67% are owner-occupied. ZIP 50263 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 50263 compare to the rest of Waukee?

ZIP 50263 is more affordable than Waukee overall. At $1,658/mo, it's $7 below the Waukee citywide median of $1,665/mo.

When was rent data for ZIP 50263 last updated?

Rent data for ZIP 50263 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,658/mo, rent takes ~19% of ZIP 50263's median household income ($102,762/yr). The standard benchmark is 30%.

ZIP 50263 19%Benchmark 30%
State income tax3.8%
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Schools nearby

Public schools near ZIP 50263 (Waukee, IA)

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