Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Des Moines area can be challenging. Home prices in Downtown Des Moines are now at a median cost of $310,972, higher than the Des Moines average of $224,721.
The average cost of rent is $1,121/mo in Downtown Des Moines, primarily driven by the current value of real estate in the Downtown Des Moines area. While nearly 14.58% of residents own their homes outright in Downtown Des Moines, 84.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Des Moines is $4,768 per month. Households that rent pay about 23.50% of their income on rent here. Downtown Des Moines's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Capitol Park, Des Moines, IA: less expensive homes
- River Bend, Des Moines, IA: less expensive homes
- Indianola Hills, Des Moines, IA: less expensive homes
- Drake, Des Moines, IA: less expensive homes
- Union Park, Des Moines, IA: less expensive homes
- Pioneer Park, Des Moines, IA: less expensive homes
- Greater South Side, Des Moines, IA: less expensive homes
- Southwestern Hills, Des Moines, IA: less expensive homes
- South Park, Des Moines, IA: less expensive homes
- Fairground, Des Moines, IA: less expensive homes
Neighborhoods with Similar Populations
- Bay Colony, League City, TX: less expensive homes
- Crawford, Ames, IA: less expensive homes
- Sunset Hills, Lawrence, KS: less expensive homes
- Sun Groves, Chandler, AZ: higher priced homes
- Meadow Hills, Aurora, CO: equally priced homes
- Madison Park, Santa Ana, CA: higher priced homes
- Lower Garden District, New Orleans, LA: higher priced homes
- Los Cerritos, Long Beach, CA: higher priced homes
- Las Positas, Santa Barbara, CA: higher priced homes
- Larchmont-Edgewater, Norfolk, VA: higher priced homes
All Local Stats
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