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Housing

Whether you’re looking for a Downtown loft, classic suburban home, family-friendly house near great schools or an amazing acreage, we have it here in Greater Des Moines (DSM). Our abundance of housing options fit a wide array of lifestyles. Did you know that DSM is the most popular city for millennial homebuyers (LendingTree, 2018)?

Whether buying or renting, both new and old neighborhoods offer residents the chance to discover their perfect fit. The diverse communities of the region are ready to welcome you home.

Interested in relocating to DSM? Fill out this form to request an information packet.

Relative Cost of Housing

Compare DSM’s housing costs to other cities using the Cost of Living Index Calculator. Learn more about affordable living in Downtown DSM.

 URBAN AREA  HOUSING INDEX (U.S. 100.0)
 NEW YORK (MANHATTAN), NY  524.6
 SAN FRANCISCO, CA  357.1
 WASHINGTON, DC  268.2
 LOS ANGELES/LONG BEACH, CA  238.0
 SAN DIEGO, CA   231.02
 BOSTON, MA  214.4
 PORTLAND, OR  182.2
 CHICAGO, IL  157.5
 DENVER, CO  139.3
 PHILADELPHIA, PA   124.8
 ATLANTA, GA   106.6
 MINNEAPOLIS, MN  104.0
 PHOENIX, AZ  94.7
 DETROIT, MI  92.7
 KANSAS CITY, MO-KS  85.1
 DES MOINES, IA  82.1

RENT

The region has a variety of affordable apartments and houses for rent. Choose a spacious townhome or a stylish Downtown loft great for young professionals and empty nesters alike. Invite friends over for a glass of wine on the balcony, or grill dinner on the lawn. Whatever home means to you, we have the options for you to rent. 

The following chart compares average rent for different areas within the DSM region. 

Submarket

Efficiency

1-Bedroom

2-Bedroom

3-Bedroom

East

$540

$664

$759

$991

South

$555

$668

$743

$1,006

West

$593

$726

$807

$1,175

CBD

$811

$997

$1,331

$1,917

West Suburbs

$767

$830

$913

$1,163

Average Greater Des Moines

$741

$820

$878

$1,176

Altoona

$587

$809

$864

$1,134

Ankeny

$806

$804

$942

$1,135

Indianola

$525

$595

$754

N/A

Average of All Units Surveyed

$737

$817

$882

$1,170

 

Source: Des Moines Metropolitan Area Marketview Multifamily, Q1 2019, CBRE/Hubbell Commercial

BUY

The DSM real estate market is booming. Homes here are more affordable than the national average, and people can buy more while spending less. The median sales price of an existing single-family home is $204,800 versus $261,600 (National Association of Realtors, 2018 preliminary).

For more information, contact the Des Moines Area Association of Realtors or the Home Builders Association of Greater Des Moines.

Find Homes

Zillow Real Estate Information