Des Moines, IA Rental Market Trends

What is the average rent in Des Moines?

The average rent for an apartment in Des Moines is $1,043. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Des Moines, IA

Last updated July 2023

Average Rent	Average Apartment Size
$1,043	760 sq. ft.

What is the average apartment size in Des Moines?

The average size for a Des Moines, IA apartment is 760 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

34,817 or 40% of the households in Des Moines, IA are renter-occupied while 52,175 or 60% are owner-occupied.

Des Moines, IA rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Des Moines, IA By Neighborhood

Neighborhood	Average Rent
Downtown Des Moines	$1,267
Historic East Village	$1,267
Sherman Hill	$1,267
Waveland Woods	$1,054
Greenwood Historic	$1,007
Ingersoll Park	$1,007
Linden Heights	$1,007
North of Grand	$1,007
Salisbury Oaks	$1,007
Waterbury	$1,007
Westwood	$1,007
Woodland Heights	$1,007
Southwestern Hills	$977
Merle Hay	$970
Accent	$969
Brook Run	$969
Fairground	$969
Grays Woods	$969
Laurel Hill	$969
North Des Moines	$969
Sheridan Gardens	$969
Valley High Manor	$969
Drake	$960
Waveland Park	$947
Douglas Acres	$914
Eastern Des Moines	$883
Fairmont Park	$876
Fort Des Moines	$874
Grays Lake	$874
Indianola Hills	$874
Magnolia Park	$874
McKinley School - Columbus Park	$874
Somerset	$874
South Park	$874
Watrous South	$874
Beaverdale	$863
Lower Beaver	$863
Martin - Hickman	$863
Meredith	$863
Prospect Park	$863
South Des Moines	$856
Easter Lake Area	$809
Ewing Woods - Evergreen	$809
Hillsboro Estates	$809
Pioneer Park	$809
River Woods	$809
Capitol East	$752
Capitol Park	$752
Martin Luther King Jr. Park	$752
Highland Park	$716
Union Park	$716
Oak Park	$651

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 $651/month, Highland Park, where renters pay $716/mo on average, and Union Park, where the average rent goes for $716/mo. If you’re looking for other great deals, check out the listings from Capitol East ($752), Capitol Park ($752), and Martin Luther King Jr. Park ($752), where the asking prices are below the average Des Moines rent of $1,043/mo.

What are the most expensive neighborhoods in Des Moines?

The most expensive neighborhoods in Des Moines are Downtown Des Moines ($1,267), Historic East Village ($1,267) and Sherman Hill ($1,267).

What are the most popular neighborhoods in Des Moines?

The most popular neighborhood in Des Moines is Downtown Des Moines, where there are 3 listings with an average rent of $1,267. Next up is McKinley School - Columbus Park, where apartments go for $874/month, followed by Meredith with $863 If you’re looking to rent in Des Moines’s most popular neighborhoods, make sure to also check out Southwestern Hills, where renters pay $977 on average, and Drake, where the average monthly rent is $960.

Des Moines | Rent Comparison by Neighborhood

Rent in Accent is 12% higher than in Beaverdale

$969

Accent rent is 7% lower than Des Moines average

Average Rent	$969

$863

Beaverdale rent is 17% lower than Des Moines average

Average Rent	$863

How Des Moines Compares to Other Cities

City	Average Rent
Des Moines	$1,043
West Des Moines	$1,199
Ankeny	$1,223
Council Bluffs	$1,118
Waukee	$1,336
Johnston	$1,308
Urbandale	$1,011
Ames	$1,238
Iowa City	$1,302
Indianola	$875
Altoona	$1,156
Grimes	$1,155

What is the average price for a storage unit in Des Moines?

The average rent for a non-climate-controlled 10'x10' storage unit in Des Moines is $98.74. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.