Des Moines
Iowa · Ranked #12 of 102 metros
70Affordable
Median Home Price
🏠$240K
Need $69K income
Median Rent
🔑$1K
Need $42K income
Housing Shortage
📉10,000
units needed
Building Permits
🔨6,000
annual
Median Income
💰$68K
Pop: 699,292
Rent Burden
⚠️26.5%
of renters paying >30%
Price Change (YoY)
📈+4%
Homeownership
🏡68.5%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Des Moines | National |
|---|---|---|
| Price-to-Income Ratio | 3.5x | 6.1x |
| Rent Burden | 26.5% | 31.5% |
| Homeownership Rate | 68.5% | 65.5% |
| YoY Price Change | +4% | +3.5% |
| YoY Rent Change | +3% | +2.8% |
| Mortgage Denial Rate | 11.5% | 13.5% |
| Eviction Rate | 4.5% | 3.6% |