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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

-0.2%

Decrease in the Last Year

As of January 2026, the average rent in Des Moines, IA is $990 per month. This is 39% lower than the national average rent of $1,624/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 $820 per month for a studio, $990 for a one-bedroom apartment, and around $1,097 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,461 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$820/month
444 Sq Ft
One Bedroom
$990/month
644 Sq Ft
Two Bedroom
$1,097/month
917 Sq Ft
Three Bedroom
$1,461/month
1,215 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$907/month
652 Sq Ft
Two Bedroom
$1,108/month
835 Sq Ft
Three Bedroom
$1,669/month
1,274 Sq Ft
Four Bedroom
$2,250/month
1,608 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,428/month
804 Sq Ft
Three Bedroom
$1,328/month
1,146 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,326/month
824 Sq Ft
Three Bedroom
$2,153/month
1,535 Sq Ft

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

In the past year, rent has decreased by 0.2%, which averages out to $2 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Des Moines, IA
Last Updated January 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Des Moines, IA
Percentage*
Rent Range
11% Below $700/month
56% $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 Chesterfield are the most affordable neighborhoods in Des Moines.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Highland Park
$634/month
599 Sq Ft
Campus Park-Wright's Grove
$647/month
621 Sq Ft
Chesterfield
$786/month
500 Sq Ft
Pioneer Park
$792/month
632 Sq Ft
Jordan Park
$831/month
630 Sq Ft
Merle Hay
$841/month
587 Sq Ft
Watrous South
$846/month
612 Sq Ft
Easter Lake Area
$847/month
653 Sq Ft
South Park
$863/month
658 Sq Ft
Indianola Hills
$865/month
576 Sq Ft

What are the most expensive neighborhoods in Des Moines?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Des Moines
$1,277/month
696 Sq Ft
Western Gateway
$1,252/month
606 Sq Ft
Capitol View South
$1,247/month
681 Sq Ft
Civic Historic District
$1,221/month
671 Sq Ft
Sherman Hill Historic District
$1,216/month
712 Sq Ft
Greenwood
$1,214/month
752 Sq Ft
East Village
$1,207/month
690 Sq Ft
Sherman Hill
$1,200/month
702 Sq Ft
Court District
$1,186/month
684 Sq Ft
Haines Park-Owl's Head Estates
$1,180/month
726 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
$1,277/month
696 Sq Ft
Court District
$1,186/month
684 Sq Ft
East Village
$1,207/month
690 Sq Ft
Capitol View South
$1,247/month
681 Sq Ft
Civic Historic District
$1,221/month
671 Sq Ft
Western Gateway
$1,252/month
606 Sq Ft
North of Grand
$1,022/month
633 Sq Ft
Haines Park-Owl's Head Estates
$1,180/month
726 Sq Ft
Southwestern Hills
$910/month
653 Sq Ft
Sherman Hill
$1,200/month
702 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 16.0% lower than the national average. Generally, housing in Des Moines is 36.9% less expensive than the national average, with rent falling between $820 - $1,461. You can expect to pay 1.5% less for groceries, 20.7% less for utilities, and 2.0% less for transportation.

City

Des Moines, IA

2,492 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
-
$888/month
One Bedroom
-
$1,168/month
Two Bedroom
-
$1,609/month
Three Bedroom
-
$2,236/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

Rowat Lofts Apartments

Rowat Lofts Apartments

601 E Vine St,
Des Moines, IA 50309

$980 - $1,290

Studio - 1 Bed

The Meridian

The Meridian

425 SW 11th St,
Des Moines, IA 50309

$1,352 - $2,571

Studio - 2 Beds

418 East Grand

418 East Grand

418 E Grand Ave,
Des Moines, IA 50309

$785 - $1,360

Studio - 2 Beds

Property Management Companies in Des Moines, IA

Indigo Living
Indigo Living
  • 35

    Communities

  • 5,369

    Units

  • 13

    Cities

16 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.
  • 27

    Communities

  • 1,491

    Units

  • 7

    Cities

9 Communities in Des Moines
Sherman Associates
Sherman Associates
  • 30

    Communities

  • 4,348

    Units

  • 12

    Cities

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

    Communities

  • 1,593

    Units

  • 6

    Cities

8 Communities in Des Moines
Hubbell Realty Company
Hubbell Realty Company
  • 26

    Communities

  • 2,426

    Units

  • 10

    Cities

7 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity