Des Moines, IA Rental Market Trends
Last updated: September 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Des Moines is $1,119, a 1.46% increase compared to the previous year, when the average rent was $1,103.
Studio Apartments at $913 offer the most budget-friendly option with 463 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 660 square feet for $1,078, balancing privacy and affordability.
Two-bedroom units at $1,162 offer 925 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,247 sq ft) for $1,726, suitable for larger households.
Average rent in Des Moines, IA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,119 | 779 sq. ft. |
| Studio | $913 | 463 sq. ft. |
| 1 Bed | $1,078 | 660 sq. ft. |
| 2 Beds | $1,162 | 925 sq. ft. |
| 3 Beds | $1,726 | 1,247 sq. ft. |
Des Moines, IA rent trends
Rental prices in Des Moines, IA have increased by 1.46% over the past year. The average rent moved from $1,103 to $1,119.
What's the typical rent budget in Des Moines, IA?
The largest share of rentals in Des Moines, IA (48%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Des Moines, IA?
35,599 or 40% of the households in Des Moines, IA are renter-occupied while 54,506 or 60% are owner-occupied.
Most affordable neighborhoods in Des Moines?
Fort Des Moines $823/month
Meredith $835/month
South Des Moines $845/month
All of these neighborhoods fall below the city wide average of $1,119/month.Most expensive neighborhoods in Des Moines?
North of Grand $1,286/month
Downtown Des Moines $1,347/month
Historic East Village $1,393/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Des Moines, IA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Historic East Village | $1,393 |
| Downtown Des Moines | $1,347 |
| North of Grand | $1,286 |
| McKinley School - Columbus Park | $1,221 |
| Woodland Heights | $1,184 |
| Sherman Hill | $1,139 |
| Drake | $1,046 |
| Douglas Acres | $1,025 |
| River Woods | $958 |
| Prospect Park | $942 |
| Southwestern Hills | $937 |
| Magnolia Park | $923 |
| South Park | $905 |
| Capitol Park | $897 |
| Pioneer Park | $845 |
| South Des Moines | $845 |
| Meredith | $835 |
| Fort Des Moines | $823 |
Des Moines | Rent Comparison by Neighborhood
Rent in Capitol Park is 12% lower than in Douglas Acres
Capitol Park rent is 20% lower than Des Moines average
Douglas Acres rent is 8% lower than Des Moines average
How Des Moines Compares to Other Cities
| City | Average Rent |
|---|---|
| Des Moines | $1,119 |
| Waukee | $1,422 |
| West Des Moines | $1,330 |
| Cedar Rapids | $1,114 |
| Ames | $1,390 |
| Davenport | $1,004 |
| Council Bluffs | $1,291 |
| Ankeny | $1,388 |
| Iowa City | $1,509 |
| Bettendorf | $1,396 |
| Urbandale, IA | $1,026 |
| Grimes, IA | $1,337 |
| Johnston, IA | $1,398 |
| Altoona, IA | $1,291 |
| Norwalk, IA | $1,255 |
| Clive, IA | $1,204 |
| Bondurant, IA | $1,107 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Des Moines apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.