Housing market/Iowa/ZIP 50131

ACS 2023 · FY2027 SAFMR

ZIP 50131 Johnston, 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
24,388
Households
9,659
Median HH income
$103,316
Renter share
27.7%
Median gross rent
$1,284
Vacancy
3.2%
Pop. change
+16.6%
2BR SAFMR
$1,540
SAFMR / rent
1.199×
2–49 unit stock
1,841
LIHTC proj / units
6 / 421
HUD assisted MF
1 / 60

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50131 · IA — sent to you.

ZIP 50131 · IA

ACS median rent$1,284
2BR SAFMR$1,540
90% floor$1,386
110% ceiling$1,694

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

Housing stock

ACS 2023 units-in-structure · ZCTA 50131

  • 1-unit detached5,87458.9%
  • 1-unit attached1,47814.8%
  • 2–4 units1441.4%
  • 5–49 units1,69717.0%
  • 50+ units7827.8%
TypeUnitsShare
1-unit detached5,87458.9%
1-unit attached1,47814.8%
2 units (duplex)470.5%
3–4 units971.0%
5–9 units5185.2%
10–19 units4834.8%
20–49 units6967.0%
50+ units7827.8%
Mobile00.0%

2–4 unit share 1.4% · 5–49 unit share 17.0% · combined 2–49 18.5%.

Units by bedrooms

Studio
145
1BR
821
2BR
2,225
3BR
2,775
4BR
2,672
5+
1,337

Rent burden

Rent ≥30% of income48.8%
Rent ≥50% of income27.7%
  • ACS median gross rent $1,284 (all bedrooms, occupied rentals).
  • Median contract rent $1,155.
  • Renters paying ≥30% of income 48.8%; ≥50% 27.7%.
  • FY2027 2BR SAFMR $1,540 (1.199× ACS median gross rent).

Population

24,388 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +16.6%.

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

Assisted inventory

  • LIHTC: 6 projects, 421 units.
  • HUD project-based assisted MF: 1 properties, 60 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,310 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 50131 27.7% of occupied households are renters; vacancy is 3.2%; ACS median gross rent is $1,284; population increased +16.6% between the 2018 and 2023 ACS vintages; the housing stock includes 144 units in 2–4-unit structures and 1,697 units in 5–49-unit structures; 6 LIHTC projects totaling 421 units; FY2027 2BR SAFMR is $1,540 versus ACS median gross rent of $1,284. 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 50131 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.

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 50131?

ZIP 50131 (Des Moines-West Des Moines, IA HUD Metro FMR Area) has 24,388 residents, 9,659 households, a renter share of 27.7%, median household income of $103,316, and ACS 2023 median gross rent of $1,284. Vacancy is 3.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50131?

ACS counts 47 units in 2-unit buildings, 97 in 3–4 unit buildings, 518 in 5–9, 483 in 10–19, and 696 in 20–49. Combined 2–49 unit stock is 1,841 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50131?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,540. See the full schedule and 90–110% payment-standard band on the ZIP 50131 — Johnston, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50131 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.