Real Estate Investing in Nevada, Iowa (50201)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Story County • Population: 8,301 • Data updated: September 2026

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Should you buy in 50201 (Nevada, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (78/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Nevada, IA (50201)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $250,520
Avg Monthly Rent $1,730
1% Rule ✗ Does Not Meet
Median Income $76,500
% Renters 23.3%

Market Analysis: 50201 Nevada

The 50201 ZIP in Nevada, IA is a local-operator market. Outside capital chasing a $251K entry has to pair deep knowledge with the discount.

Distressed markets are won on execution, not on spreadsheets. ZIP 50201 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Statewide comparisons place 50201 among IA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Employment concentration in 50201 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The 50201 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Nevada:

B Good
Buy Confidence Score: 74/100
Affordability
20/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.3× the median income
Value Trend
Rising (+6.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,730/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Ames, IA Metro Area
Even conditions for buyers and sellers
50 days
Average time to sell
Average
9.1%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Ames, IA metro data
🏠

Property Strategy for 50201

Which property type performs best in this market?

Best for Cash Flow
3BR
4.3% cap rate
Best for Appreciation
5BR
+6.5% 5yr CAGR
Best Overall Value
4BR
$75,346/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $182,998 $1,000 3.9% +5.5% $91,499
3BR $232,678 $1,390 4.3% +5.8% $77,559
4BR $301,383 $1,680 4.0% +6.2% $75,346
5BR $384,301 +6.5% $76,860

Market Trends

Home Value History (with trend line)

$263K$234K$205K$176K$148K$119KMar 2009Nov 2017Jul 2026

Rent History (with trend line)

$1,785$1,626$1,466$1,307$1,148$989Sep 2025Mar 2026Jul 2026

📊 How Does 50201 Compare?

Metric 50201 Nevada Ames, IA Iowa
Home Value $250,520 $250,520 N/A $227,232
5-Year CAGR 5.4% 5.4% N/A 6.0%
Avg Rent $1,730 $1,730 N/A -
Cap Rate 5.4% 5.4% - -
💡 Why Invest in 50201? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 50201 (Nevada, IA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.4%
Fair
5yr Growth
+5.4%
Moderate

📉 Market Crash Risk Index

Based on Ames, IA metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
58%
Days Pending
1/2
50 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $250,520
Monthly Rent $1,730
Price-to-Rent 12.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.3%
Cap Rate 5.4%
5-Year IRR 10.8%

📈 Home Appreciation

1-Year +6.8% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +5.4% ▲
10-Year CAGR +5.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
7.6%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.4%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 50201

Population: 8,301

💰 Median Household Income
$76,500
This area
$76,500
State
$71,886
USA
$74,580
🏠 Renter Occupied
23.3%
This area
23.3%
State
19.7%
USA
34.0%
💼 Unemployment Rate
1.1%
This area
1.1%
State
0.0%
USA
3.7%
🎓 College Educated
34.4%
This area
34.4%
State
18.8%
USA
33.7%
👤 Median Age
42.2 years
This area
42.2 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
7.6%
This area
7.6%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 90.1%
Other/Mixed 9.2%
Hispanic/Latino 5.2%
Asian 0.5%
Black/African American 0.4%
👶 Under 18
24.6%
This area
24.6%
USA
22.0%
👴 65 and Over
17.5%
This area
17.5%
USA
17.3%
📊 Poverty Rate
7.1%
This area
7.1%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 50201

A Avg School Grade
3 Schools
14.8:1 Avg Class Size
$18,036 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Central Elementary School

📚 Pre-K – 04 Elementary
👥
646 Students
👨‍🏫
14.1:1 Class Size
💰
$18,036 Per Student
A+ Excellent

Nevada Middle School

📚 05 – 08 School
👥
421 Students
👨‍🏫
14.1:1 Class Size
💰
$18,036 Per Student
A Very Good

Nevada High School

📚 09 – 12 High School
👥
503 Students
👨‍🏫
16.2:1 Class Size
💰
$18,036 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

2 Nearby 2,052 Off-Campus Students
D
PCI Academy-Ames
170 students · 9.0 mi
B
Iowa State University
30,177 students · 10.5 mi

Investor Insight: With 2,052 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What are home prices like in Nevada, IA?

Median home price in Nevada, IA is near $251K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.

What monthly rent should investors expect in Nevada, IA?

Rental rates in Nevada, IA average $1,730/mo. Tenant demand and $251K home values make the yield look reasonable by investor standards.

What type of investing works in Nevada, IA?

A careful cash-flow rentals with hands-on management strategy Nevada, IA best. The market produces even-keeled results for that approach at the $251K price point.

What kind of vacancy should I budget for in Nevada, IA?

Nevada, IA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Is rental property easy to operate in Nevada, IA?

The landlord environment in Nevada, IA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

You know 50201 now. You don’t know where it ranks.

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How 50201 ranks in Ames, IA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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