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Little Rock city, IA

ZIP 51243 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 51243

Median Home Value
$88,100
Median Rent
$381
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$566/mo PITI).

6%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 51243 in Little Rock city, IA, a household would need roughly $24,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $566. That sits below the local median household income ($75,750), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
91.2%+39% vs US avg
x
Vacancy Rate
9.0%-13% vs US avg
x
Broadband Access
87.6%+1% vs US avg
x
4+ Bedrooms
8.7%-41% vs US avg
x
Built Pre-1939
19.3%+51% vs US avg
x
Built Post-2014
3.2%-53% vs US avg
x
Rent Burden >30%
16.0%-68% vs US avg
x
Mortgage-Free
50.8%+33% vs US avg
x
$88,100
Home Value
$381
Rent
1956
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached89.7%
  • 1-unit attached0.6%
  • 2-9 units1.0%
  • 10+ units0.0%
  • Mobile home & other8.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$88,100
Median rent$381
Owner-occupied91.2%
Vacant9.0%
Price-to-income1.2x
Est. income to buy$24,000