Real Estate Investing in Fort Dodge, Iowa (50501)

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

Webster County • Population: 28,633 • Data updated: September 2026

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Should you buy in 50501 (Fort Dodge, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

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

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.1% vacancy may signal weakening demand.

What’s happening in Fort Dodge, IA (50501)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $132,403
Avg Monthly Rent $820
1% Rule ✗ Does Not Meet
Median Income $64,013
% Renters 33.8%

Market Analysis: 50501 Fort Dodge

Investors eyeing 50501 need to respect the fundamentals at play. Home values of $132K come alongside slower price movement and elevated management overhead.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 50501 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Nearby ZIPs in Fort Dodge have seen price recovery that 50501 has not matched. Webster County data supports the view that the spread is structural rather than temporary.

Employment concentration in 50501 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The right play in 50501 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Fort Dodge:

B Good
Buy Confidence Score: 73/100
Affordability
25/25
Appreciation
14/25
Stability
13/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.1× the median income
Value Trend
Rising (+4.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $820/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Fort Dodge, IA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.8%
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 Fort Dodge, IA metro data
🏠

Property Strategy for 50501

Which property type performs best in this market?

Best for Cash Flow
1BR
9.9% cap rate
Best for Appreciation
4BR
+4.7% 5yr CAGR
Best Overall Value
2BR
$43,590/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $52,229 $720 9.9% +1.0% $52,229
2BR $87,180 $940 7.8% +2.5% $43,590
3BR $143,169 $1,210 6.1% +3.8% $47,723
4BR $197,522 $1,580 5.8% +4.7% $49,380
5BR $282,394 +4.6% $56,479

Market Trends

Home Value History (with trend line)

$138K$125K$111K$97K$83K$70KJun 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,045$986$927$867$808$749Aug 2025Feb 2026Jul 2026

📊 How Does 50501 Compare?

Metric 50501 Fort Dodge Fort Dodge, IA Iowa
Home Value $132,403 $132,403 N/A $227,232
5-Year CAGR 2.3% 2.3% N/A 6.0%
Avg Rent $820 $820 N/A -
Cap Rate 4.8% 4.8% - -
💡 Why Invest in 50501? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 50501 (Fort Dodge, IA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.8%
Fair
5yr Growth
+2.3%
Slow

📉 Market Crash Risk Index

Based on Fort Dodge, IA metro

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

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $132,403
Monthly Rent $820
Price-to-Rent 13.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.4%
Cap Rate 4.8%
5-Year IRR 7.1%

📈 Home Appreciation

1-Year +4.0% ▲
3-Year CAGR +1.8% ▲
5-Year CAGR +2.3% ▲
10-Year CAGR +3.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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
8.1%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.3%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 50501

Population: 28,633

💰 Median Household Income
$64,013
This area
$64,013
State
$71,886
USA
$74,580
🏠 Renter Occupied
33.8%
This area
33.8%
State
19.7%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
0.0%
USA
3.7%
🎓 College Educated
21.0%
This area
21.0%
State
18.8%
USA
33.7%
👤 Median Age
38.8 years
This area
38.8 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
8.1%
This area
8.1%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 85.0%
Other/Mixed 9.3%
Hispanic/Latino 4.3%
Black/African American 4.3%
Asian 1.4%
👶 Under 18
20.8%
This area
20.8%
USA
22.0%
👴 65 and Over
19.4%
This area
19.4%
USA
17.3%
📊 Poverty Rate
7.2%
This area
7.2%
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 50501

B+ Avg School Grade
7 Schools
15.7:1 Avg Class Size
$15,633 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Butler Elementary School

📚 01 – 05 Elementary
👥
344 Students
👨‍🏫
12.9:1 Class Size
💰
$15,633 Per Student
A Very Good

Duncombe Elementary School

📚 01 – 05 Elementary
👥
454 Students
👨‍🏫
14.9:1 Class Size
💰
$15,633 Per Student
A Very Good

Early Childhood Center

📚 Pre-K – K Elementary
👥
382 Students
👨‍🏫
14.7:1 Class Size
💰
$15,633 Per Student
B+ Above Average

Cooper Elementary School

📚 01 – 05 Elementary
👥
238 Students
👨‍🏫
13.1:1 Class Size
💰
$15,633 Per Student
B+ Above Average

Feelhaver Elementary School

📚 01 – 05 Elementary
👥
221 Students
👨‍🏫
17.8:1 Class Size
💰
$15,633 Per Student
B Good

Fort Dodge Middle School

📚 06 – 08 Middle
👥
774 Students
👨‍🏫
18.1:1 Class Size
💰
$15,633 Per Student
B Good

Fort Dodge High School

📚 09 – 12 High School
👥
1,057 Students
👨‍🏫
18.5:1 Class Size
💰
$15,633 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 1,399 Off-Campus Students
C
Iowa Central Community College
4,909 students · 0.7 mi
C+
La James International College-Ft Dodge
20 students · 1.4 mi

Investor Insight: With 1,399 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Fort Dodge, IA a smart market for rental property?

With a 3.0/5 investability score, Fort Dodge, IA ranks as a solid market for rental property investors. Median prices of $132K and rents of $820/mo drive the underlying numbers.

What is the typical renter like in Fort Dodge, IA?

Tenant quality in Fort Dodge, IA ranks as solid. Landlords generally report even-keeled occupancy at market rents of $820/mo.

How do experienced investors play Fort Dodge, IA?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Fort Dodge, IA. The numbers - $132K homes against $820/mo rents - support that play.

Does a duplex house hack pencil in Fort Dodge, IA?

For house hackers, Fort Dodge, IA is a challenging. The $820/mo rent on a unit helps defray the mortgage on a $132K property.

How strong are rents in Fort Dodge, IA?

The typical rental in Fort Dodge, IA commands about $820/mo monthly. That rent profile measured cash flow against the $132K purchase basis.

You know 50501 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 50501 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 50501 ranks in Fort Dodge, IA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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