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Housing market/Iowa/ZIP 50241

ACS 2023 · FY2027 SAFMR

ZIP 50241 Saint Marys, Iowa

Des Moines-West Des Moines, 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
112
Households
52
Median HH income
$78,750
Renter share
23.1%
Median gross rent
$1,300
Vacancy
0.0%
Pop. change
—
2BR SAFMR
$1,250
SAFMR / rent
0.962×
2–49 unit stock
5
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50241 · IA — sent to you.

ZIP 50241 · IA

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ACS rent vs 2BR SAFMR

ZIP 50241 — Saint Marys, IA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,300
2BR SAFMR$1,250
90% floor$1,125
110% ceiling$1,375

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

Housing stock

ACS 2023 units-in-structure · ZCTA 50241

  • 1-unit detached4382.7%
  • 1-unit attached47.7%
  • 2–4 units11.9%
  • 5–49 units47.7%
TypeUnitsShare
1-unit detached4382.7%
1-unit attached47.7%
2 units (duplex)11.9%
3–4 units00.0%
5–9 units47.7%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile00.0%

2–4 unit share 1.9% · 5–49 unit share 7.7% · combined 2–49 9.6%.

Units by bedrooms

Studio
0
1BR
10
2BR
14
3BR
9
4BR
12
5+
7

Rent burden

Rent ≥30% of income16.7%
Rent ≥50% of income16.7%
  • ACS median gross rent $1,300 (all bedrooms, occupied rentals).
  • Median contract rent $1,107.
  • Renters paying ≥30% of income 16.7%; ≥50% 16.7%.
  • FY2027 2BR SAFMR $1,250 (0.962× ACS median gross rent).

Population

112 residents · ACS 2023

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 50241 23.1% of occupied households are renters; vacancy is 0.0%; ACS median gross rent is $1,300; the housing stock includes 1 units in 2–4-unit structures and 4 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,250 versus ACS median gross rent of $1,300. 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 50241 is a Census / HUD profile for Des Moines-West Des Moines, IA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 50241 — Saint Marys, IA HUD Section 8 Payment Standards / SAFMR·Iowa ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
50001Des Moines-West Des Moines, IA HUD Metro FMR Area14.1%$1,408$1,68050003Des Moines-West Des Moines, IA HUD Metro FMR Area22.9%$858$1,20050007Des Moines-West Des Moines, IA HUD Metro FMR Area0.0%—$1,18050009Des Moines-West Des Moines, IA HUD Metro FMR Area29.7%$1,201$1,44050021Des Moines-West Des Moines, IA HUD Metro FMR Area25.6%$1,434$1,69050023Des Moines-West Des Moines, IA HUD Metro FMR Area29.6%$1,191$1,46050032Des Moines-West Des Moines, IA HUD Metro FMR Area14.0%—$1,43050033Des Moines-West Des Moines, IA HUD Metro FMR Area42.9%—$1,09050035Des Moines-West Des Moines, IA HUD Metro FMR Area8.7%$1,097$1,40050038Des Moines-West Des Moines, IA HUD Metro FMR Area0.0%—$1,26050039Des Moines-West Des Moines, IA HUD Metro FMR Area33.8%$890$1,09050046Des Moines-West Des Moines, IA HUD Metro FMR Area10.9%$1,005$1,160

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 50241?

ZIP 50241 (Des Moines-West Des Moines, IA HUD Metro FMR Area) has 112 residents, 52 households, a renter share of 23.1%, median household income of $78,750, and ACS 2023 median gross rent of $1,300. Vacancy is 0.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50241?

ACS counts 1 units in 2-unit buildings, 0 in 3–4 unit buildings, 4 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 5 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50241?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,250. See the full schedule and 90–110% payment-standard band on the ZIP 50241 — Saint Marys, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50241 is Census / HUD research for Des Moines-West Des Moines, 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.