US5.com
  1. Home
  2. States
  3. Iowa
  4. ZIP 51246
  5. Housing & Real Estate
Rock Rapids city, IA

ZIP 51246 — 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 51246

Median Home Value
$232,900
Median Rent
$512
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,496/mo PITI).

9%
Rent-to-Income Ratio

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

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

37.9 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 51246 in Rock Rapids city, IA, a household would need roughly $64,000 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 $1,496. That is roughly in line with the local median household income ($69,320). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
80.1%+23% vs US avg
x
Vacancy Rate
13.1%+27% vs US avg
x
Broadband Access
90.2%+4% vs US avg
x
4+ Bedrooms
6.9%-53% vs US avg
x
Built Pre-1939
6.4%-50% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
10.4%-79% vs US avg
x
Mortgage-Free
37.7%-1% vs US avg
x
$232,900
Home Value
$512
Rent
1968
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached81.9%
  • 1-unit attached2.5%
  • 2-9 units5.4%
  • 10+ units9.0%
  • Mobile home & other1.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$232,900
Median rent$512
Owner-occupied80.1%
Vacant13.1%
Price-to-income3.4x
Est. income to buy$64,000