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ZIP Code · IA

ZIP 50315

Pop. 34,816·Polk County·34th most expensive ZIP in Iowa
Median rent (all units)
$1,099/mo
Year-over-Year
+4.0%
Month-over-Month
-2.0%
vs US Median
-$866
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 50315 · $1,099
More affordable than 95% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$1,030
2 BR
$1,230
3 BR
$1,670
4 BR+
$1,720
Research median
$1,230/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: July 20, 2026

Annual cost
$13,188/yr
At $1,099/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 (+4.0% YoY, -2.0% MoM), not inventory.
Demographics

Who lives here

ZIP 50315 (Des Moines, IA) is majority owner-occupied, has a median income below the national average, 20.1% of residents hold a bachelor's degree or higher.

Population
34,816
Median income
$60,590
Median age
35.4
Renters
38.5%
Age distribution
22.9%
26.6%
23.8%
13%
13.6%
Under 1822.9%
18–3426.6%
35–5423.8%
55–6413%
65+13.6%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
69.4%
19.3%
White69.4%
Black7.1%
Hispanic19.3%
Asian3.4%
Other0.8%
Education (25+)
12.3%
36%
31.6%
20.1%
No HS diploma12.3%
HS diploma36%
Some college31.6%
Bachelor's+20.1%
Housing tenure
61.5%
38.5%
Owner61.5%
Renter38.5%

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

2021 vs 2026

How ZIP 50315 in Des Moines, IA has changed in 5 years

Rent
$896 → $1,099
up 22.7%
Income
$55,459 → $60,590
up 9.3%
Population
35,698 → 34,816
down 2.5%
Renter share
39.1% → 38.5%
-0.6 pts
Bachelor's+
18% → 20.1%
+2.1 pts
Median age
37.3 → 35.4
-1.9 yrs

The median rent in ZIP 50315 in Des Moines, IA stood at $896 in 2021 and currently runs about $1,099, reflecting a 22.7% increase over the period. Household income in the area moved from $55,459 to $60,590 across the same window, up 9.3% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.5% since 2021, moving from about 35,698 residents to roughly 34,816. College-educated residents now make up 20.1% of adults here, versus 18% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 50315 in Des Moines, IA look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 50315

Last updated: July 20, 2026

ZIP code 50315 covers Des Moines, IA. The median rent here is $1,099/mo as of July 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,230/mo.

At 22% of local median household income ($60,590/yr), ZIP 50315 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 50315?

As of July 20, 2026, the median monthly rent in ZIP 50315 (Des Moines, IA) is $1,099. This is based on aggregated data from public sources and community submissions.

How does ZIP 50315 rent compare to the US average?

ZIP 50315's median rent of $1,099/mo is $866 (44%) below the US national median of $1,965/mo.

How does ZIP 50315 compare to other ZIPs in Iowa?

ZIP 50315 falls in the middle range for Iowa, ranking #34 out of 55 ZIPs at $1,099/mo.

How much income do you need to rent in ZIP 50315?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (~$21/hour full-time) to afford the median rent of $1,099/mo in ZIP 50315. The local median household income is $60,590/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 50315?

Rent in ZIP 50315 has increased 4.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 50315 an affordable place to rent?

ZIP 50315 is considered very affordable for renters. At $1,099/mo, rent takes approximately 22% of the local median household income ($60,590/yr). The standard benchmark is 30%. ZIP 50315 falls comfortably within that range.

What percentage of ZIP 50315 residents rent vs. own?

According to Census data, approximately 38.5% of ZIP 50315 households are renters, while 61.5% are owner-occupied. ZIP 50315 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 50315 compare to the rest of Des Moines?

ZIP 50315 is more affordable than Des Moines overall. At $1,099/mo, it's $22 below the Des Moines citywide median of $1,121/mo.

When was rent data for ZIP 50315 last updated?

Rent data for ZIP 50315 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,099/mo, rent takes ~22% of ZIP 50315's median household income ($60,590/yr). The standard benchmark is 30%.

ZIP 50315 22%Benchmark 30%
State income tax3.8%
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Schools nearby

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