Iowa

Montgomery County

ZIP 51532

10,254 residents13 permits TTM$63,190 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$109,900

ACS 5-Year

Cap rate proxy

8.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.9%

HUD FMR ÷ ACS HHI

Net migration

+0.73%

IRS SOI

Permits (TTM)

13

Census BPS

Climate risk

33.7

FEMA NRI (0–100)

ZIP 51532

Median home value

$109,900

Gross yield

10.5%

Buy Box score

Section 8 gap

22.8%

Affordability

P/I: 2.3R/I:

Section 8 detail

SAFMR: $960Rent: $782Gap: 22.8%
ZIP code breakdown6 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
51566$109,900$96010.5%0.822.8%
50864$109,900$91910.0%0.6
51573$109,900$91910.0%0.3
50847$109,900$91910.0%
51532$109,900$96010.5%22.8%
51533$109,900$1,22013.3%56.0%

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Demographics

Owner-occupied

71.6%

Census ACS

Vacancy rate

8.0%

Census ACS

Bachelor's degree +

18.7%

Census ACS

Rent burdened

41.6%

Census ACS (>30% income)

Median age

43.8

Census ACS

Data sources
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