Property Prices in Des Moines, IA, United States

Index Info
Price to Income Ratio: 3.20
Mortgage as Percentage of Income: 27.58%
Loan Affordability Index: 3.63
Price to Rent Ratio - City Centre: 9.53
Price to Rent Ratio - Outside of Centre: 12.08
Gross Rental Yield (City Centre): 10.49%
Gross Rental Yield (Outside of Centre): 8.28%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,234.83 $ 1,020.00-1,300.00
1 Bedroom Apartment Outside of City Centre 918.17 $ 850.00-1,000.00
3 Bedroom Apartment in City Centre 1,744.00 $ 1,600.00-2,000.00
3 Bedroom Apartment Outside of City Centre 1,500.00 $ 1,450.00-1,580.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 215.51 $ 195.00-229.00
Price per Square Feet to Buy Apartment Outside of Centre 215.51 $ 195.00-229.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,626.80 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.04 6.00-6.20

These data are based on 83 entries from 22 contributors over the past 18 months.
Last update: 2 February 2026

Sources and References
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