Iowa
Adair County
ZIP 50846
7,471 residents75 permits TTM$66,176 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$140,600
ACS 5-Year
Cap rate proxy
6.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.2%
HUD FMR ÷ ACS HHI
Net migration
+0.92%
IRS SOI
Permits (TTM)
75
Census BPS
Climate risk
49.5
FEMA NRI (0–100)
ZIP 50846
Median home value
$162,010
Gross yield
6.9%
Cap rate
5.4%
Rent gap
21.2%
Affordability
P/I: 2.4R/I: —
Section 8 detail
SAFMR: $926Rent: $730Gap: 26.8%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 50837 | $140,600county est. | $926 | 7.9% | 6.2% | 21.2% |
| 50858 | $140,600county est. | $926 | 7.9% | 6.2% | 20.6% |
| 50846 | $162,010 | $926 | 6.9% | 5.4% | 21.2% |
| 50849 | $165,542 | $926 | 6.7% | 5.3% | 21.2% |
| 50250 | $215,280 | $1,040 | 5.8% | 4.1% | 29.8% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
73.6%
Census ACS
Vacancy rate
9.3%
Census ACS
Bachelor's degree +
20.0%
Census ACS
Rent burdened
27.3%
Census ACS (>30% income)
Median age
42.6
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026