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Rental Market Trends in Des Moines, IA

What is the average rent in Des Moines, IA?

$990/month

Average Rent

644 Sq Ft

Average Apartment Size

-0.3%

Decrease in the Last Year

As of March 2026, the average rent in Des Moines, IA is $990 per month. This is 39% lower than the national average rent of $1,626/month, making renting in Des Moines more affordable than most cities in the US. When you rent an apartment in Des Moines, you can expect to pay about $826 per month for a studio, $990 for a one-bedroom apartment, and around $1,100 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,472 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$826/month
443 Sq Ft
One Bedroom
$990/month
644 Sq Ft
Two Bedroom
$1,100/month
916 Sq Ft
Three Bedroom
$1,472/month
1,224 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$844/month
613 Sq Ft
Two Bedroom
$1,239/month
839 Sq Ft
Three Bedroom
$1,642/month
1,218 Sq Ft
Four Bedroom
$1,948/month
1,397 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,510/month
772 Sq Ft
Three Bedroom
$1,245/month
1,173 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,685/month
1,146 Sq Ft
Three Bedroom
$2,295/month
1,643 Sq Ft

How much has average rent changed in Des Moines, IA?

In the past year, rent has decreased by 0.3%, which averages out to $3 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Des Moines, IA
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Des Moines, IA
Percentage*
Rent Range
11% Below $700/month
55% $700 - $1,000/month
27% $1,001 - $1,500/month
4% $1,501 - $2,000/month
3% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Des Moines?

Based on current rent prices, Highland Park, Campus Park-Wright's Grove and Southern Knolls are the most affordable neighborhoods in Des Moines.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Highland Park
$643/month
637 Sq Ft
Campus Park-Wright's Grove
$651/month
651 Sq Ft
Southern Knolls
$750/month
670 Sq Ft
Fort Des Moines
$758/month
592 Sq Ft
Pioneer Park
$806/month
647 Sq Ft
Chesterfield
$808/month
500 Sq Ft
Easter Lake Area
$855/month
655 Sq Ft
Indianola Hills
$856/month
574 Sq Ft
Jordan Park
$857/month
621 Sq Ft
Merle Hay
$862/month
591 Sq Ft

What are the most expensive neighborhoods in Des Moines?

Based on current rent prices, Downtown Des Moines, Capitol View South and Western Gateway are the most expensive neighborhoods in Des Moines.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Des Moines
$1,302/month
683 Sq Ft
Capitol View South
$1,295/month
693 Sq Ft
Western Gateway
$1,290/month
571 Sq Ft
Capitol Park
$1,286/month
775 Sq Ft
East Village
$1,254/month
694 Sq Ft
Greenwood
$1,222/month
676 Sq Ft
Sherman Hill Historic District
$1,216/month
697 Sq Ft
Sherman Hill
$1,201/month
690 Sq Ft
Civic Historic District
$1,200/month
666 Sq Ft
Haines Park-Owl's Head Estates
$1,177/month
704 Sq Ft

Which Des Moines neighborhoods have the most rentals available?

The neighborhoods in Des Moines with the most apartments available are Downtown Des Moines, Court District and East Village .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Des Moines
$1,302/month
683 Sq Ft
Court District
$1,173/month
681 Sq Ft
East Village
$1,254/month
694 Sq Ft
Capitol View South
$1,295/month
693 Sq Ft
Civic Historic District
$1,200/month
666 Sq Ft
Western Gateway
$1,290/month
571 Sq Ft
Sherman Hill
$1,201/month
690 Sq Ft
Southwestern Hills
$889/month
643 Sq Ft
Woodland Heights
$1,118/month
662 Sq Ft
Drake
$999/month
611 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Des Moines, IA?

Because the average rent in Des Moines is $990, you’ll want to make about $3,300 per month or $39,600 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Des Moines, IA is 16.9% lower than the national average. Generally, housing in Des Moines is 37.2% less expensive than the national average, with rent falling between $826 - $1,472. You can expect to pay 1.7% less for groceries, 21.2% less for utilities, and 0.9% less for transportation.

City

Des Moines, IA

2,547 Available Apartments for Rent

Search for Nearby Apartments

How does Des Moines, IA compare to other nearby cities and neighborhoods?

Use the tool below to compare Des Moines, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Des Moines, IA

Apartment Averages

Highland Park

Des Moines, IA

Downtown Des Moines

Des Moines, IA

Studio
-
$880/month
One Bedroom
-
$1,167/month
Two Bedroom
-
$1,603/month
Three Bedroom
-
$2,219/month
Search
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Nearby City Rent Trends

  • Altoona Average Rent
  • West Des Moines Average Rent
  • Johnston Average Rent

Apartment communities in Des Moines we think you'll love

Cityville

Cityville

550 SW 9th St,
Des Moines, IA 50309

$900 - $2,810

Studio - 3 Beds

418 East Grand

418 East Grand

418 E Grand Ave,
Des Moines, IA 50309

$795 - $1,310

Studio - 2 Beds

Wakonda Village and Manor Apartment Homes

Wakonda Village and Manor Apartment Homes

1800 Watrous Ave,
Des Moines, IA 50315

$800 - $1,005

Studio - 2 Beds

3000 Grand Apartments

3000 Grand Apartments

3000 Grand Ave,
Des Moines, IA 50312

$1,170 - $1,615

Studio - 3 Beds

Property Management Companies in Des Moines, IA

Indigo Living
Indigo Living
  • 34

    Communities

  • 5,233

    Units

  • 13

    Cities

15 Communities in Des Moines
Newbury Living
Newbury Living
  • 28

    Communities

  • 2,238

    Units

  • 10

    Cities

15 Communities in Des Moines
Knapp Properties, LC.
Knapp Properties, LC.
  • 20

    Communities

  • 1,343

    Units

  • 4

    Cities

15 Communities in Des Moines
Kouri Management Inc.
Kouri Management Inc.
  • 30

    Communities

  • 1,901

    Units

  • 7

    Cities

12 Communities in Des Moines
Sherman Associates
Sherman Associates
  • 30

    Communities

  • 4,228

    Units

  • 11

    Cities

8 Communities in Des Moines
Conlin Companies, Inc.
Conlin Companies, Inc.
  • 13

    Communities

  • 1,593

    Units

  • 6

    Cities

8 Communities in Des Moines
Premier Real Estate Services
Premier Real Estate Services
  • 12

    Communities

  • 1,131

    Units

  • 5

    Cities

8 Communities in Des Moines
Perennial Properties Management
Perennial Properties Management
  • 12

    Communities

  • 598

    Units

  • 5

    Cities

7 Communities in Des Moines

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United States Iowa Des Moines Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity