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City

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Des Moines, IA · 50368

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $84K, +2.4% YoY (county); renters hold 32.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

205,358

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 218,486

218Kunits

Occupied205,35894.0%

Vacant13,1286.0%

2024 Tenure ⓘ

U.S. Census ACS · n = 205,358

205Koccupied

Owner138,30967.4%

Renter67,04932.6%

Renter Share

32.6%-0.8% YoY

Total Housing Units

218,486+1.6% YoY

FY2026 Fair Market Rent

CountyPolk County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,063

/month

1 BR

$1,109

/month

2 BR

$1,318

/month

3 BR

$1,794

/month

4 BR

$1,841

/month

FMR trends · Polk County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.2% to 503,175: residents under 18 are up 0.2% and those 65 and over are up 3.3%.

Median Age

36.22024

Population

Polk County Population

516,185+1.7% YoY

Households

Total Households

205,358+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.410.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 503,175

503Kresidents

Under 18122,59424.4%

Adults 18–64310,30661.7%

65 & Over70,27514.0%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

122,594+0.2% YoY

Population 65 & Over

70,275+3.3% YoY

Median Age

36.200.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.7%

Moved (within US)13.9%

Other0.4%

Veterans

5.6%-6.7% YoY

County Economy

County median household income is $84K, 10.3% of residents are below the poverty level, 15.7% work from home.

Income

Median Household Income

$84K+2.4% YoY

Per-Capita Income

$46K+3.7% YoY

Mean Household Income

$109K+2.9% YoY

Poverty

Below Poverty Level

10.3%+2.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone72.4%

Public transit0.5%

Worked from home15.7%

Other11.4%

Worked From Home

15.7%+12.9% YoY

Mean Commute

20.00+0.5% YoY

Done with 50368? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Des Moines, IA · 50368

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $84K, +2.4% YoY (county); renters hold 32.6% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

205,358

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 218,486

218Kunits

Occupied205,35894.0%

Vacant13,1286.0%

2024 Tenure ⓘ

U.S. Census ACS · n = 205,358

205Koccupied

Owner138,30967.4%

Renter67,04932.6%

Renter Share

32.6%-0.8% YoY

Total Housing Units

218,486+1.6% YoY

FY2026 Fair Market Rent

CountyPolk County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,063

/month

1 BR

$1,109

/month

2 BR

$1,318

/month

3 BR

$1,794

/month

4 BR

$1,841

/month

FMR trends · Polk County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.2% to 503,175: residents under 18 are up 0.2% and those 65 and over are up 3.3%.

Median Age

36.22024

Population

Polk County Population

516,185+1.7% YoY

Households

Total Households

205,358+1.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.410.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 503,175

503Kresidents

Under 18122,59424.4%

Adults 18–64310,30661.7%

65 & Over70,27514.0%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

122,594+0.2% YoY

Population 65 & Over

70,275+3.3% YoY

Median Age

36.200.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.7%

Moved (within US)13.9%

Other0.4%

Veterans

5.6%-6.7% YoY

County Economy

County median household income is $84K, 10.3% of residents are below the poverty level, 15.7% work from home.

Income

Median Household Income

$84K+2.4% YoY

Per-Capita Income

$46K+3.7% YoY

Mean Household Income

$109K+2.9% YoY

Poverty

Below Poverty Level

10.3%+2.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone72.4%

Public transit0.5%

Worked from home15.7%

Other11.4%

Worked From Home

15.7%+12.9% YoY

Mean Commute

20.00+0.5% YoY

Done with 50368? Put it next to another market.