Real Estate Investing in Arlington, Iowa (50606)

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

Fayette County • Population: 831 • Data updated: September 2026

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Should you buy in 50606 (Arlington, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

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

📈 For Investors
MIXED
3.0 / 5 (47/100)

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.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Arlington, IA (50606)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $244,860
Avg Monthly Rent $828
1% Rule ✗ Does Not Meet
Median Income $60,110
% Renters 13.6%

Market Analysis: 50606 Arlington

In practical terms, ZIP 50606 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $245K median. It rewards specialists, not generalists.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 50606 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Looking more closely, 50606 offers a low basis, the region around Arlington has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

A solid renter share of 14% in 50606 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Arlington:

B Good
Buy Confidence Score: 70/100
Affordability
15/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Rising (+17.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $828/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.

Market Trends

Home Value History (with trend line)

$262K$230K$198K$166K$135K$103KFeb 2016May 2021Jul 2026

📊 How Does 50606 Compare?

Metric 50606 Arlington Iowa
Home Value $244,860 $244,860 $227,232
5-Year CAGR 9.5% 9.5% 6.0%
Avg Rent $828 $828 -
Cap Rate 2.6% 2.6% -
💡 Why Invest in 50606? 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 50606 (Arlington, IA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.6%
Low
5yr Growth
+9.5%
Strong

📊 Market Snapshot

Home Value $244,860
Monthly Rent $828
Price-to-Rent 24.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.1%
Cap Rate 2.6%
5-Year IRR 12.2%

📈 Home Appreciation

1-Year +17.8% ▲
3-Year CAGR +9.0% ▲
5-Year CAGR +9.5% ▲
10-Year CAGR +7.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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
3.2%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+9.5%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 50606

Population: 831

💰 Median Household Income
$60,110
This area
$60,110
State
$71,886
USA
$74,580
🏠 Renter Occupied
13.6%
This area
13.6%
State
19.7%
USA
34.0%
💼 Unemployment Rate
0.3%
This area
0.3%
State
0.0%
USA
3.7%
🎓 College Educated
16.4%
This area
16.4%
State
18.8%
USA
33.7%
👤 Median Age
41.8 years
This area
41.8 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
3.2%
This area
3.2%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 94.9%
Other/Mixed 4.8%
Hispanic/Latino 3.0%
Asian 0.3%
👶 Under 18
26.3%
This area
26.3%
USA
22.0%
👴 65 and Over
20.6%
This area
20.6%
USA
17.3%
📊 Poverty Rate
17.9%
This area
17.9%
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 50606

B+ Avg School Grade
3 Schools
13.1:1 Avg Class Size
$16,530 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Starmont Elementary School

📚 Pre-K – 05 Elementary
👥
263 Students
👨‍🏫
11.5:1 Class Size
💰
$16,530 Per Student
A Very Good

Starmont High School

📚 09 – 12 High School
👥
181 Students
👨‍🏫
10.1:1 Class Size
💰
$16,530 Per Student
B Good

Starmont Middle School

📚 06 – 08 Middle
👥
121 Students
👨‍🏫
17.6:1 Class Size
💰
$16,530 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

1 Nearby
D
Upper Iowa University
3,102 students · 8.7 mi

Frequently Asked Questions

What is the average home sale price in Arlington, IA?

Expect median prices around $245K in Arlington, IA. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.

Which investment style suits Arlington, IA?

A careful cash-flow rentals with hands-on management strategy Arlington, IA best. The market produces measured results for that approach at the $245K price point.

What is the tenant pool like in Arlington, IA?

The tenant pool in Arlington, IA is solid, supported by local employment and population fundamentals. Rents of $828/mo are well-absorbed by the market.

Does Arlington, IA make sense for an investment property?

With a 3.0/5 investability score, Arlington, IA ranks as a solid market for rental property investors. Median prices of $245K and rents of $828/mo drive the underlying numbers.

Is house hacking profitable in Arlington, IA?

House hacking in Arlington, IA is reasonable to execute. Prices around $245K and rents of $828/mo solid owner-occupant economics.

You know 50606 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 50606 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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