Property Prices in Des Moines, IA, United States

Index Info
Price to Income Ratio: 2.84
Mortgage as Percentage of Income: 25.76%
Loan Affordability Index: 3.88
Price to Rent Ratio - City Centre: 9.00
Price to Rent Ratio - Outside of Centre: 11.42
Gross Rental Yield (City Centre): 11.11%
Gross Rental Yield (Outside of Centre): 8.76%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,215.00 $ 925.00-1,600.00
Apartment (1 bedroom) Outside of Centre 912.50 $ 850.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,750.00 $ 1,600.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,480.00 $ 1,350.00-1,580.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 201.80 $ 195.00-229.00
Price per Square Feet to Buy Apartment Outside of Centre 201.80 $ 195.00-229.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,819.87 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.19-6.80

These data are based on 80 entries in the past 18 months from 30 different contributors.
Last update: October 2024

Sources and References
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