ZIP Code · IA

ZIP 50311

Pop. 14,574·Polk County·47th most expensive ZIP in Iowa
Median rent (all units)
$942/mo
Year-over-Year
+1.4%
Month-over-Month
-0.1%
vs US Median
-$990
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 50311 · $942
More affordable than 99% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$930
1 BR
$970
2 BR
$1,150
3 BR
$1,570
4 BR+
$1,610
Research median
$1,150/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 50311 is 0.1% below its high of $943 in June 2026, at $942 as of September 2026.

Past year vs. the rest of Iowa

Rent in ZIP 50311 changed +1.4% over the year to September 2026. Across the 45 Iowa ZIP codes Zillow tracks, the typical change was +4.3%.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($61,957) is $1,549 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,150); a 3-bedroom is $1,570.

Rank in Des Moines

2nd cheapest of 8 ZIP codes in Des Moines.

From Zillow's monthly rent index (ZORI) for ZIP 50311. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$11,304/yr
At $942/mo median
Location
StateIA
CountyPolk County
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 (+1.4% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 50311 (Des Moines, IA) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 43.5% of residents hold a bachelor's degree or higher.

Population
14,574
Median income
$61,957
Median age
30.8
Renters
51.6%
Age distribution
16.4%
41.1%
23.1%
Under 1816.4%
18–3441.1%
35–5423.1%
55–648.7%
65+10.7%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
72.6%
White72.6%
Black10.9%
Hispanic7.6%
Asian3.8%
Other5.1%
Education (25+)
20.9%
30.6%
43.5%
No HS diploma5%
HS diploma20.9%
Some college30.6%
Bachelor's+43.5%
Housing tenure
48.4%
51.6%
Owner48.4%
Renter51.6%

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

2022 vs 2026

How ZIP 50311 in Des Moines, IA has changed in 5 years

Rent
$858 → $942
up 9.8%
Income
$57,065 → $61,957
up 8.6%
Population
15,979 → 14,574
down 8.8%
Renter share
51.9% → 51.6%
-0.3 pts
Bachelor's+
41.5% → 43.5%
+2.0 pts
Median age
29.7 → 30.8
+1.1 yrs

Rent in ZIP 50311 in Des Moines, IA has climbed 9.8% since 2022, going from about $858 per month to roughly $942 today. Local incomes tracked alongside that move, going from a median of $57,065 in 2021 to $61,957 more recently. Headcount in the area went from 15,979 to 14,574 between 2021 and 2024, a 8.8% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41.5% to 43.5%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 50311 in Des Moines, IA market of 2022.

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Local insights

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About renting in ZIP 50311

Last updated: October 17, 2026

ZIP code 50311 covers Des Moines, IA. The median rent here is $942/mo as of October 2026. A 1-bedroom rents for a median of $970/mo. A 2-bedroom rents for a median of $1,150/mo.

At 18% of local median household income ($61,957/yr), ZIP 50311 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 50311?

To keep rent at or below 30% of gross income, you would need to earn at least $38,000/year (about $18/hour full-time) to afford the median rent of $942/mo in ZIP 50311. The local median household income is $61,957/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 50311?

Rent in ZIP 50311 has risen 1.4% over the past year as of September 2026. It sits 0.1% below its high of $943 in June 2026.

How does ZIP 50311 compare to other ZIPs in Iowa?

ZIP 50311 is one of the more affordable among Iowa ZIP codes for rent, ranking #47 of 54 at $942/mo. Over the year to September 2026, rent in ZIP 50311 changed +1.4%, against a typical +4.3% across the 45 Iowa ZIP codes Zillow tracks.

How does ZIP 50311 compare to the rest of Des Moines?

At $942/mo, ZIP 50311 is $187 below the Des Moines citywide median of $1,129/mo. It is the 2nd cheapest of 8 ZIP codes in Des Moines.
Income Affordability
18%
VERY AFFORDABLE

At $942/mo, rent takes ~18% of ZIP 50311's median household income ($61,957/yr). The standard benchmark is 30%.

ZIP 50311 18%Benchmark 30%
State income tax3.8%
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Schools nearby

Public schools near ZIP 50311 (Des Moines, IA)

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