Housing market/Iowa/ZIP 50208

ACS 2023 · FY2027 SAFMR

ZIP 50208 Newton, Jasper County, Iowa

Jasper County, IA HUD Metro FMR Area · Iowa. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
20,270
Households
8,005
Median HH income
$61,064
Renter share
30.7%
Median gross rent
$830
Vacancy
10.3%
Pop. change
-2.0%
2BR SAFMR
$1,000
SAFMR / rent
1.205×
2–49 unit stock
1,899
LIHTC proj / units
13 / 557
HUD assisted MF
4 / 189

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50208 · IA — sent to you.

ZIP 50208 · IA

ACS median rent$830
2BR SAFMR$1,000
90% floor$900
110% ceiling$1,100

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 50208

  • 1-unit detached6,50272.9%
  • 1-unit attached2382.7%
  • 2–4 units8369.4%
  • 5–49 units1,06311.9%
  • 50+ units1591.8%
  • Mobile1211.4%
TypeUnitsShare
1-unit detached6,50272.9%
1-unit attached2382.7%
2 units (duplex)1992.2%
3–4 units6377.1%
5–9 units3934.4%
10–19 units3323.7%
20–49 units3383.8%
50+ units1591.8%
Mobile1211.4%

2–4 unit share 9.4% · 5–49 unit share 11.9% · combined 2–49 21.3%.

Units by bedrooms

Studio
35
1BR
794
2BR
3,115
3BR
3,358
4BR
1,131
5+
486

Rent burden

Rent ≥30% of income46.9%
Rent ≥50% of income18.6%
  • ACS median gross rent $830 (all bedrooms, occupied rentals).
  • Median contract rent $670.
  • Renters paying ≥30% of income 46.9%; ≥50% 18.6%.
  • FY2027 2BR SAFMR $1,000 (1.205× ACS median gross rent).

Population

20,270 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 13 projects, 557 units.
  • HUD project-based assisted MF: 4 properties, 189 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 44 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 50208 30.7% of occupied households are renters; vacancy is 10.3%; ACS median gross rent is $830; population changed -2.0% between the 2018 and 2023 ACS vintages; the housing stock includes 836 units in 2–4-unit structures and 1,063 units in 5–49-unit structures; 13 LIHTC projects totaling 557 units; FY2027 2BR SAFMR is $1,000 versus ACS median gross rent of $830. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Iowa research

ZIP 50208 is a Census / HUD profile for Jasper County, IA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Iowa research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 50208?

ZIP 50208 (Jasper County, IA HUD Metro FMR Area) has 20,270 residents, 8,005 households, a renter share of 30.7%, median household income of $61,064, and ACS 2023 median gross rent of $830. Vacancy is 10.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50208?

ACS counts 199 units in 2-unit buildings, 637 in 3–4 unit buildings, 393 in 5–9, 332 in 10–19, and 338 in 20–49. Combined 2–49 unit stock is 1,899 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50208?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,000. See the full schedule and 90–110% payment-standard band on the ZIP 50208 — Newton, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50208 is Census / HUD research for Jasper County, IA HUD Metro FMR Area. Jeff Crowe CRE does not list Iowa property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.