Real Estate Investing in Urbandale, Iowa (50322)
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Should you buy in 50322 (Urbandale, IA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Urbandale, IA (50322)?
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Market Analysis: 50322 Urbandale
This part of Polk County is not an easy win. The 50322 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,106/mo on a $295K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 50322 sits below the stated 0.0% once reality is priced in.
From a cash-flow lens, 50322 offers a low basis, the region around Urbandale has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 50322 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. durable returns are possible in 50322, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Urbandale:
Property Strategy for 50322
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $194,727 | $1,330 | 4.9% | +6.2% | $97,363 |
| 3BR | $286,513 | $1,810 | 4.5% | +5.9% | $95,504 |
| 4BR | $363,547 | $1,860 | 3.7% | +5.9% | $90,887 |
| 5BR | $429,799 | — | — | +5.9% | $85,960 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 50322 Compare?
| Metric | 50322 | Urbandale | Des Moines-West Des Moines, IA | Iowa |
|---|---|---|---|---|
| Home Value | $295,379 | $377,160 | N/A | $227,232 |
| 5-Year CAGR | 4.8% | 4.0% | N/A | 6.0% |
| Avg Rent | $1,106 | $1,415 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 50322 (Urbandale, IA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $295,379 |
| Monthly Rent | $1,106 |
| Price-to-Rent | 22.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | -2.8% ▼ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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.
Demographics in 50322
Population: 31,694
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 50322
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Clive Learning Academy
Cowles Elementary School
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
Frequently Asked Questions
Should investors consider Urbandale, IA?
Urbandale, IA rates 3.0/5 for investability. With median values at $295K and rents near $1,106/mo, the market offers reasonable fundamentals for rental investors.
Do landlords face vacancy issues in Urbandale, IA?
Urbandale, IA carries elevated vacancy risk. Expect measured absorption at market rents of $1,106/mo.
How strong are rents in Urbandale, IA?
Average rent in Urbandale, IA is approximately $1,106/mo per month. Against $295K home values that yields a reasonable rent-to-price ratio.
What is the tenant pool like in Urbandale, IA?
The renter base in Urbandale, IA is reasonable for the $1,106/mo price point. Screening well and pricing to market typically yields reliable tenants.
What is it like being a landlord in Urbandale, IA?
Urbandale, IA falls under IA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 50322 now. You don’t know where it ranks.
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How 50322 ranks in Des Moines-West Des Moines, IA
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