Des Moines, IA Rental Market Trends
What is the average rent in Des Moines?
The average rent for an apartment in Des Moines is $968. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Des Moines, IA
| Average Rent | Average Apartment Size |
|---|---|
| $968 | 757 sq. ft. |
What is the average apartment size in Des Moines?
The average size for a Des Moines, IA apartment is 757 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Des Moines, IA Apartment Rent Ranges
Des Moines, IA Occupied Housing Units
38,293 or 44% of the households in Des Moines, IA are renter-occupied while 47,374 or 55% are owner-occupied.
Des Moines, IA Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Des Moines, IA | $895 | $897 | $901 | $894 | $905 | $902 | $920 | $915 | $939 | $961 | $968 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Des Moines, IA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Des Moines | $1,177 |
| Historic East Village | $1,177 |
| Sherman Hill | $1,177 |
| Waveland Woods | $949 |
| Southwestern Hills | $907 |
| Merle Hay | $904 |
| Greenwood Historic | $899 |
| Ingersoll Park | $899 |
| Linden Heights | $899 |
| North of Grand | $899 |
| Salisbury Oaks | $899 |
| Waterbury | $899 |
| Westwood | $899 |
| Woodland Heights | $899 |
| Drake | $896 |
| Waveland Park | $895 |
| Accent | $878 |
| Brook Run | $878 |
| Fairground | $878 |
| Grays Woods | $878 |
| Laurel Hill | $878 |
| North Des Moines | $878 |
| Sheridan Gardens | $878 |
| Valley High Manor | $878 |
| Beaverdale | $844 |
| Lower Beaver | $844 |
| Martin - Hickman | $844 |
| Meredith | $844 |
| Prospect Park | $844 |
| Fort Des Moines | $843 |
| Grays Lake | $843 |
| Indianola Hills | $843 |
| Magnolia Park | $843 |
| McKinley School - Columbus Park | $843 |
| Somerset | $843 |
| South Park | $843 |
| Watrous South | $843 |
| Douglas Acres | $835 |
| South Des Moines | $824 |
| Eastern Des Moines | $822 |
| Fairmont Park | $797 |
| Easter Lake Area | $784 |
| Ewing Woods - Evergreen | $784 |
| Hillsboro Estates | $784 |
| Pioneer Park | $784 |
| River Woods | $784 |
| Capitol East | $690 |
| Capitol Park | $690 |
| Martin Luther King Jr. Park | $690 |
| Highland Park | $665 |
| Union Park | $665 |
| Oak Park | $607 |
What are the most affordable neighborhoods in Des Moines?
The most affordable neighborhoods in Des Moines are Oak Park, where the average rent goes for $607/month, Highland Park, where renters pay $665/mo on average, and Union Park, where the average rent goes for $665/mo. If you’re looking for other great deals, check out the listings from Capitol East ($690), Capitol Park ($690), and Martin Luther King Jr. Park ($690), where the asking prices are below the average Des Moines rent of $968/mo.
What are the most expensive neighborhoods in Des Moines?
The most expensive neighborhoods in Des Moines are Downtown Des Moines ($1,177), Historic East Village ($1,177) and Sherman Hill ($1,177).
What are the most popular neighborhoods in Des Moines?
The most popular neighborhood in Des Moines is Meredith, where there are 4 verified RentCafe listings with an average rent of $844. Next up is Southwestern Hills, where apartments go for $907/month, followed by Capitol East with $690 If you’re looking to rent in Des Moines’s most popular neighborhoods, make sure to also check out Downtown Des Moines, where renters pay $1,177 on average, and McKinley School - Columbus Park, where the average monthly rent is $843.
Des Moines | Rent Comparison by Neighborhood
Rent in Accent is 4% higher than in Beaverdale
Accent rent is 9% lower than Des Moines average
| Average Rent | $878 |
|---|
Beaverdale rent is 13% lower than Des Moines average
| Average Rent | $844 |
|---|
How Des Moines Compares to Other Cities
| City | Average Rent |
|---|---|
| Des Moines | $968 |
| West Des Moines | $1,085 |
| Ankeny | $1,143 |
| Council Bluffs | $996 |
| Waukee | $1,268 |
| Ames | $1,287 |
| Johnston | $1,235 |
| Urbandale | $919 |
| Altoona | $1,039 |
| Grimes | $1,139 |
| Clive | $955 |
| Indianola | $825 |
| Norwalk | $1,027 |
| Pleasant Hill | $836 |
| Windsor Heights | $1,021 |