Property Prices in Des Moines, IA, United States

Index Info
Price to Income Ratio: 2.84
Mortgage as Percentage of Income: 25.66%
Loan Affordability Index: 3.9
Price to Rent Ratio - City Centre: 9.0
Price to Rent Ratio - Outside of Centre: 11.42
Gross Rental Yield (City Centre): 11.11%
Gross Rental Yield (Outside of Centre): 8.76%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,215.0 $ 925.0-1,600.0
Apartment (1 bedroom) Outside of Centre 912.5 $ 850.0-1,000.0
Apartment (3 bedrooms) in City Centre 1,750.0 $ 1,600.0-2,000.0
Apartment (3 bedrooms) Outside of Centre 1,480.0 $ 1,350.0-1,580.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 201.8 $ 195.0-229.0
Price per Square Feet to Buy Apartment Outside of Centre 201.8 $ 195.0-229.0
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,819.87 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.19-6.8

These data are based on 81 entries in the past 18 months from 30 different contributors.
Last update: October 2024

Sources and References
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