Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Des Moines area can be challenging. Home prices in Des Moines are now at a median cost of $154,369, lower than the New Mexico average of $199,923.
The average cost of rent is $1,027/mo in Des Moines, primarily driven by the current value of real estate in the Des Moines area. While nearly 67.86% of residents own their homes outright in Des Moines, 27.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Des Moines is $4,605 per month. Households that rent pay about 22.29% of their income on rent here. Des Moines's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Folsom, NM: equally priced homes
- Capulin, NM: equally priced homes
- Seneca, NM: higher priced homes
- Old Moses, NM: higher priced homes
- Raton, NM: less expensive homes
- Wheeless, OK: less expensive homes
- Boise City, OK: less expensive homes
- Keyes, OK: less expensive homes
- Red River, NM: higher priced homes
- Taos Ski Valley, NM: higher priced homes
Cities with Similar Populations
- Howell, UT: higher priced homes
- Hiteman, IA: less expensive homes
- Hollandsville, DE: higher priced homes
- Hollis Crossroads, AL: less expensive homes
- Vanceville, PA: higher priced homes
- Van Tassell, WY: higher priced homes
- Hopewell, OR: higher priced homes
- Valmy, WI: higher priced homes
- Howe Valley, KY: less expensive homes
- Hinkleville, KY: less expensive homes
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