Affordable
Expensive
Expensive
Colorblind friendly
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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 $307,483, higher than the Des Moines average of $286,355.
The average cost of rent is $1,283/mo in Downtown Des Moines, primarily driven by the current value of real estate in the Downtown Des Moines area. In Downtown Des Moines, 90.46% of households rent, and 31.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Des Moines is $5,587 per month. Households that rent pay about 22.96% of their income on rent here. Downtown Des Moines’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: higher priced 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: equally priced homes
- Crawford, Ames, IA: equally priced homes
- Sunset Hills, Lawrence, KS: equally priced homes
- Sun Groves, Chandler, AZ: higher priced homes
- Meadow Hills, Aurora, CO: higher 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
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