Market Summary

Downtown Des Moines, Polk County, IA

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Median Home Price Price

$258,576 $258.6K

Median Monthly Rent Rent

$1,276 $1.3K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Polk County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Polk County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
$180,883 $1,251 12.0x
$169,326 $1,339 11.0x
$279,119 $1,596 15.0x
$191,494 $1,250 13.0x
$370,886 $1,290 24.0x
$276,211 $1,392 17.0x
$264,265 $1,388 16.0x
$337,543 $1,373 20.0x
$217,979 $1,419 13.0x
$220,802 $1,549 12.0x
$191,446 $1,274 13.0x
$190,366 $1,400 11.0x
$199,455 $1,290 13.0x
$186,324 $1,414 11.0x
$315,802 $1,568 17.0x
$184,936 $1,365 11.0x
$261,525 $1,263 17.0x
$241,045 $1,205 17.0x
$274,850 $1,585 14.0x
$244,586 $1,978 10.0x
$195,038 $1,466 11.0x
$342,664 $1,677 17.0x
$187,330 $1,381 11.0x
$318,774 $1,700 16.0x
$234,767 $1,457 13.0x
$274,318 $1,589 14.0x

Home prices

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Monthly rent

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GRM

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Downtown Des Moines

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Trend Insights

Median Rent in Downtown Des Moines, IA is $1,276, with MoM change -$1 and YoY change +$65 showing mixed momentum while volatility is low (std $18).

Benchmark Markets Side by Side

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Metric
Base market Downtown Des Moines, IA
Compare market Select a market
Delta vs base
Median rent
$1,276
N/A
Median price
$258,576
N/A
YoY change
+$65
N/A
Price-to-rent
16.9x
Data unavailable
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