ZIP Code · IA

ZIP 50323

Pop. 17,265·Polk County·1st most expensive ZIP in Iowa
Median rent (all units)
$2,075/mo
Year-over-Year
Stable
Month-over-Month
+20.4%
vs US Median
+$143
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 50323 · $2,075
More expensive than 65% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,310
1 BR
$1,360
2 BR
$1,620
3 BR
$2,210
4 BR+
$2,260
Research median
$1,620/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($175,944) is $4,399 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,260).

Cheaper nearby

ZIP 50322, 3 miles away, rents for 50% less ($1,030/mo), about $12,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 50323. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,900/yr
At $2,075/mo median
Location
StateIA
CountyPolk County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +20.4% MoM), not inventory.
Demographics

Who lives here

ZIP 50323 (Urbandale, IA) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 63% of residents hold a bachelor's degree or higher.

Population
17,265
Median income
$175,944
Median age
37.1
Renters
12.8%
Age distribution
32%
14.6%
32%
Under 1832%
18–3414.6%
35–5432%
55–6411.1%
65+10.3%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
87.6%
White87.6%
Black2.5%
Hispanic4.6%
Asian4.6%
Other0.8%
Education (25+)
12.6%
21.8%
63%
No HS diploma2.6%
HS diploma12.6%
Some college21.8%
Bachelor's+63%
Housing tenure
87.2%
12.8%
Owner87.2%
Renter12.8%

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

2021 vs 2026

How ZIP 50323 in Urbandale, IA has changed in 5 years

Income
$162,705 → $175,944
up 8.1%
Population
16,117 → 17,265
up 7.1%
Renter share
10.2% → 12.8%
+2.6 pts
Bachelor's+
69.6% → 63%
-6.6 pts
Median age
35.4 → 37.1
+1.7 yrs

Household income in the area moved from $162,705 to $175,944 across the same window, up 8.1% versus 2021. Census counts show ZIP 50323 in Urbandale, IA adding about 1,148 residents over the five-year window, up 7.1% on net. The renter share has risen from 10.2% to 12.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 69.6% to 63% across the same window.

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Local insights

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About renting in ZIP 50323

Last updated: September 25, 2026

ZIP code 50323 covers Urbandale, IA. The median rent here is $2,075/mo as of September 2026. A 1-bedroom rents for a median of $1,360/mo. A 2-bedroom rents for a median of $1,620/mo.

At 14% of local median household income ($175,944/yr), ZIP 50323 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 50323?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,075/mo in ZIP 50323. The local median household income is $175,944/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 50323?

Rent in ZIP 50323 has been roughly flat over the past year, a 0.0% change.

How does ZIP 50323 compare to other ZIPs in Iowa?

ZIP 50323 is one of the pricier among Iowa ZIP codes for rent, ranking #1 of 56 at $2,075/mo.

How does ZIP 50323 compare to the rest of Urbandale?

At $2,075/mo, ZIP 50323 is $1,037 above the Urbandale citywide median of $1,038/mo.
Income Affordability
14%
VERY AFFORDABLE

At $2,075/mo, rent takes ~14% of ZIP 50323's median household income ($175,944/yr). The standard benchmark is 30%.

ZIP 50323 14%Benchmark 30%
State income tax3.8%
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Schools nearby

Public schools near ZIP 50323 (Urbandale, IA)

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