Property Prices in Des Moines, IA, United States

Index Info
Price to Income Ratio: 3.13
Mortgage as Percentage of Income: 28.15%
Loan Affordability Index: 3.55
Price to Rent Ratio - City Centre: 9.95
Price to Rent Ratio - Outside of Centre: 12.96
Gross Rental Yield (City Centre): 10.05%
Gross Rental Yield (Outside of Centre): 7.72%
Rent Per Month
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1 Bedroom Apartment in City Centre $1,161.80 1,000.00-1,600.00
1 Bedroom Apartment Outside of City Centre $864.75 700.00-1,100.00
3 Bedroom Apartment in City Centre $1,719.00 1,500.00-2,200.00
3 Bedroom Apartment Outside of City Centre $1,380.00 1,200.00-1,580.00
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) $3,706.79
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.57 6.00-7.58

These data are based on 81 entries from 21 contributors over the past 18 months.
Last update: 19 October 2026

Sources and References
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