City Report · IA

Des Moines

Pop. 212,421·21st most expensive in Iowa·One of the most affordable rental markets in the US
Median rent (all units)
$1,129/mo
Year-over-Year
+1.0%
Month-over-Month
Stable
vs US Median
-$803
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Des Moines · $1,129
More affordable than 95% of US cities · National median $1,932/mo
Rent Reality Score
57/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Des Moines's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,129/mo
Expected by trend
$1,172/mo
The Rent Reality Score compares today's median rent to where Des Moines's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$909
1 BR
$970
2 BR
$1,158
3 BR
$1,553
4 BR+
$1,559
Fair Market Rent (HUD)
$1,158/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,129 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Des Moines usually run 1.3% below trend in January and 1.3% above it in July, about $29 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Des Moines is 0.4% below its high of $1,133 in May 2026, at $1,129 as of September 2026.

Past year vs. the rest of Iowa

Rent in Des Moines changed +1.0% over the year to September 2026. Across the 26 Iowa cities Zillow tracks, the typical change was +4.5%.

Rent vs. income since 2019

From 2019 to 2024, rent in Des Moines rose 20.8% while median household income rose 23.2% ($53,525 to $65,932). Income kept ahead of rent.

Since before the pandemic

Rent in Des Moines is 22.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

What a typical income covers

30% of the median household income ($65,932) is $1,648 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,559).

Spread across ZIP codes

The priciest of 8 ZIP codes in Des Moines, 50309 ($1,261/mo), costs 38% more than the cheapest, 50310 ($913/mo).

From Zillow's monthly rent index (ZORI) for Des Moines. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$13,548/yr
At $1,129/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.0% YoY, +0.0% MoM), not inventory.
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Demographics

Who lives here

Des Moines, IA is majority owner-occupied, has a median income below the national average, 29.7% of residents hold a bachelor's degree or higher.

Population
212,421
Median income
$65,932
Median age
34.6
Renters
39.5%
Age distribution
23.2%
27.6%
24.7%
12.7%
Under 1823.2%
18–3427.6%
35–5424.7%
55–6411.8%
65+12.7%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
64.1%
16.3%
White64.1%
Black11.3%
Hispanic16.3%
Asian6.6%
Other1.7%
Education (25+)
13%
28.3%
29%
29.7%
No HS diploma13%
HS diploma28.3%
Some college29%
Bachelor's+29.7%
Housing tenure
60.5%
39.5%
Owner60.5%
Renter39.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Des Moines, IA has changed in 5 years

Rent
$959 → $1,129
up 17.7%
Income
$58,444 → $65,932
up 12.8%
Population
213,545 → 212,421
down 0.5%
Renter share
40% → 39.5%
-0.5 pts
Bachelor's+
28.1% → 29.7%
+1.6 pts

The median rent in Des Moines, IA stood at $959 in 2021 and currently runs about $1,129, reflecting a 17.7% increase over the period. Household income in the area moved from $58,444 to $65,932 across the same window, up 12.8% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Reading these numbers side by side helps frame whether current listings in Des Moines, IA look reasonable against where the market sat half a decade ago.

Community

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View Des Moines rent history (2015–2026) →
Salary vs rent

Can you afford rent in Des Moines on your salary?

At $1,129/mo, how Des Moines rent compares to typical pay (30% rule).

By apartment size

Des Moines rent by bedroom count

Median rent for each apartment size in Des Moines. Click any size for full breakdown.

Local insights

Tips for renters in Des Moines

About renting in Des Moines, IA

Last updated: October 17, 2026

The median rent in Des Moines is $1,129/mo as of October 2026. A studio apartment averages $909/mo while a 2-bedroom runs $1,158/mo. One-bedroom apartments average $970/mo and 3-bedroom units go for $1,553/mo.

At 21% of local median household income ($65,932/yr), Des Moines ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Des Moines?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (about $22/hour full-time) to afford the median rent of $1,129/mo in Des Moines. The local median household income is $65,932/yr, so the typical household meets that bar.

Is rent going up or down in Des Moines?

Rent in Des Moines has risen 1.0% over the past year as of September 2026. It sits 0.4% below its high of $1,133 in May 2026.

When is the cheapest time to rent in Des Moines?

Asking rents in Des Moines are usually lowest in January, about 1.3% below their yearly trend, and highest in July, about 1.3% above it. At today's median that is a gap of roughly $29 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Des Moines?

No. From 2019 to 2024, rent in Des Moines rose 20.8% while median household income rose 23.2%, from $53,525 to $65,932. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Des Moines neighborhoods have the lowest rent?

The most affordable ZIP codes in Des Moines are 50310 ($913/mo), 50311 ($942/mo), and 50321 ($1,057/mo). Citywide, the median rent is $1,129/mo.

How does Des Moines rent compare to other cities in Iowa?

Des Moines is in the middle among Iowa cities for rent, ranking #21 of 32 tracked cities at $1,129/mo. Over the year to September 2026, rent in Des Moines changed +1.0%, against a typical +4.5% across the 26 Iowa cities Zillow tracks.

Which nearby cities are cheaper to rent in than Des Moines?

Nearby cities with lower median rent than Des Moines ($1,129/mo) include Urbandale ($1,038/mo).
Income Affordability
21%
VERY AFFORDABLE

At $1,129/mo, rent takes ~21% of Des Moines's median household income ($65,932/yr). The standard benchmark is 30%.

Des Moines 21%Benchmark 30%
State income tax3.8%
Run the Des Moines affordability calculator →
Lowest-rent ZIP codes in Des Moines
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Des Moines, IA

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