Housing market/Iowa/ZIP 50421

ACS 2023 · FY2027 SAFMR

ZIP 50421 Belmond, Wright County, Iowa

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

Population
3,142
Households
1,254
Median HH income
$66,184
Renter share
19.3%
Median gross rent
$805
Vacancy
11.6%
Pop. change
+2.5%
2BR SAFMR
$960
SAFMR / rent
1.193×
2–49 unit stock
72
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50421 · IA — sent to you.

ZIP 50421 · IA

ACS median rent$805
2BR SAFMR$960
90% floor$864
110% ceiling$1,056

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

Housing stock

ACS 2023 units-in-structure · ZCTA 50421

  • 1-unit detached1,22986.7%
  • 1-unit attached342.4%
  • 2–4 units211.5%
  • 5–49 units513.6%
  • 50+ units835.9%
TypeUnitsShare
1-unit detached1,22986.7%
1-unit attached342.4%
2 units (duplex)141.0%
3–4 units70.5%
5–9 units423.0%
10–19 units00.0%
20–49 units90.6%
50+ units835.9%
Mobile00.0%

2–4 unit share 1.5% · 5–49 unit share 3.6% · combined 2–49 5.1%.

Units by bedrooms

Studio
0
1BR
125
2BR
333
3BR
684
4BR
214
5+
62

Rent burden

Rent ≥30% of income31.8%
Rent ≥50% of income8.7%
  • ACS median gross rent $805 (all bedrooms, occupied rentals).
  • Median contract rent $597.
  • Renters paying ≥30% of income 31.8%; ≥50% 8.7%.
  • FY2027 2BR SAFMR $960 (1.193× ACS median gross rent).

Population

3,142 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.5%.

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.

New apartment permits

About 10 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 50421 19.3% of occupied households are renters; vacancy is 11.6%; ACS median gross rent is $805; population increased +2.5% between the 2018 and 2023 ACS vintages; the housing stock includes 21 units in 2–4-unit structures and 51 units in 5–49-unit structures; FY2027 2BR SAFMR is $960 versus ACS median gross rent of $805. 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 50421 is a Census / HUD profile for Wright 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 50421?

ZIP 50421 (Wright County, IA) has 3,142 residents, 1,254 households, a renter share of 19.3%, median household income of $66,184, and ACS 2023 median gross rent of $805. Vacancy is 11.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50421?

ACS counts 14 units in 2-unit buildings, 7 in 3–4 unit buildings, 42 in 5–9, 0 in 10–19, and 9 in 20–49. Combined 2–49 unit stock is 72 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50421?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $960. See the full schedule and 90–110% payment-standard band on the ZIP 50421 — Belmond, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50421 is Census / HUD research for Wright County, IA. 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.