Des Moines, Iowa, often flies under the radar compared to other coastal investment hotspots. But, when you scratch beneath the surface, you'll find this dynamic city with a thriving economy, stable housing market, and a surprisingly cool vibe, making it an interesting and potentially lucrative real estate investment focus.
Boasting an approachable cost of living, the median home price in this city of around 214,000 people hovers comfortably below the $220,000 price point. This affordability extends to rent, making it a landlord's dream. The average rent in Des Moines sits regularly above $1,000, translating to healthy rental yields and consistent cash flow.
Des Moines has no problem attracting individuals and families, because it offers a surprisingly high quality of life. It’s also a city that has become a hotbed for innovation. Major players like Principal Financial Group and Wells Fargo call the city home, while a burgeoning tech scene fosters entrepreneurship and attracts a skilled workforce. This Midwestern city isn’t just a good place to invest; it's a welcoming community for investors of all levels, absolutely worthy of a closer look.
Popular Streets in Des Moines, Iowa
12th St82432$215,0741,927 Sq.Ft.6/6/202513th St66631$189,3341,538 Sq.Ft.6/4/202514th St1,38331$204,6307,523 Sq.Ft.6/6/202529th St81632$257,8663,900 Sq.Ft.6/2/20257th St91532$220,4762,797 Sq.Ft.5/20/20258th St82731$185,2282,583 Sq.Ft.5/30/20259th St97832$222,6165,364 Sq.Ft.6/6/2025County Line Rd67632$302,7705,157 Sq.Ft.11/13/2024Grand Ave1,25422$303,52511,912 Sq.Ft.6/3/2025Walnut St68221$221,6029,092 Sq.Ft.6/2/2025All Streets in Des Moines, Iowa
Center St15932$377,6556,075 Sq.Ft.5/1/2025Chaffee Rd3N/AN/AN/A78,608 Sq.Ft.5/15/2014Chamberlain Dr2032$335,2002,264 Sq.Ft.7/2/2022Chautauqua Pkwy5332$235,5851,707 Sq.Ft.2/4/2025Cherokee Ave732$212,4291,803 Sq.Ft.7/3/2020Cherry St621$960,00014,273 Sq.Ft.11/1/2024Chestnut St231N/A14,280 Sq.Ft.N/ACheyenne Cir622$220,6671,106 Sq.Ft.11/18/2020Chicago Ave4021$156,325945 Sq.Ft.6/11/2025Clark Blvd2121$208,4291,061 Sq.Ft.5/22/2023Clarkson Ave431$975,66716,160 Sq.Ft.3/20/2024Clark St15031$189,8602,755 Sq.Ft.4/7/2025Claypool St921$131,125713 Sq.Ft.12/30/2022Clay St2N/AN/AN/AN/A10/10/2006Cleveland Ave14421$172,1811,551 Sq.Ft.4/8/2025Clinton Ave23031$213,9781,418 Sq.Ft.4/24/2025Clover Hills Dr443$387,5002,865 Sq.Ft.10/2/2024Colfax Ave2521$239,7221,536 Sq.Ft.8/7/2024College Ave17031$189,4532,591 Sq.Ft.5/14/2025Columbia St20721$170,8441,067 Sq.Ft.5/16/2025Columbus Ave3131$172,0001,256 Sq.Ft.6/24/2024Copper Ridge Cir632$393,1671,625 Sq.Ft.8/11/2023Cornell St19221$165,5341,006 Sq.Ft.5/22/2025Corning Ave1021$143,1252,571 Sq.Ft.12/20/2018Cottage Dr1532$264,1331,631 Sq.Ft.12/15/2023Cottage Grove Ave15442$336,1074,257 Sq.Ft.6/5/2025Country Club Blvd2543$747,7603,318 Sq.Ft.9/7/2022County Line Rd67632$302,7705,157 Sq.Ft.11/13/2024Court Ave12332$230,80410,950 Sq.Ft.4/24/2025Courtland Dr4531$225,0001,500 Sq.Ft.4/26/2025Coventry Blvd1232$245,6671,424 Sq.Ft.3/21/2025Creighton Ave421$224,333761 Sq.Ft.12/5/2024Crescent Dr1242$324,8752,805 Sq.Ft.1/15/2025Crestmoor Dr5132$330,9411,890 Sq.Ft.4/3/2025Crestmoor Pl6532$277,2501,679 Sq.Ft.5/2/2025Creston Ave29432$194,2182,424 Sq.Ft.6/9/2025Crestview Dr6732$231,2241,475 Sq.Ft.8/22/2024Crestwood Rd1432$271,0711,724 Sq.Ft.3/10/2025Crocker St4631$227,0883,127 Sq.Ft.4/9/2025Crossroads Dr2032$358,8501,716 Sq.Ft.2/19/2025Crown Colony Ct2433$345,2082,265 Sq.Ft.11/22/2024Crown Ln3031$235,4671,319 Sq.Ft.9/29/2024Cummins Cir442$290,0002,066 Sq.Ft.2/4/2020Cummins Pkwy9232$289,9882,180 Sq.Ft.1/23/2025Cummins Rd2921$233,3208,944 Sq.Ft.12/8/2023Cutler Ave6432$252,1561,454 Sq.Ft.2/4/2025Dagle Dr2132$259,7141,490 Sq.Ft.3/4/2025Dart Way3N/AN/AN/A78,630 Sq.Ft.N/ADavis Ave8731$193,7411,198 Sq.Ft.5/23/2025Davisson Rd2232$297,3331,923 Sq.Ft.5/14/2025Dawson Dr932$268,2502,030 Sq.Ft.8/28/2023Day St1031$92,7501,970 Sq.Ft.2/27/2025Dean Ave20231$175,6674,653 Sq.Ft.6/3/2025Deep Woods Ct1733$317,1761,895 Sq.Ft.2/25/2023Deerpath Ct3332$302,5761,753 Sq.Ft.4/22/2025Deer Ridge Dr133$287,0001,364 Sq.Ft.10/8/2002Delaware Ave9731$147,21226,546 Sq.Ft.4/30/2025Dema Dr4832$226,9791,433 Sq.Ft.1/9/2025Denver Ave121$156,0001,483 Sq.Ft.5/14/2009Des Moines St35021$158,7713,090 Sq.Ft.6/4/2025De Wolf St7731$173,5004,690 Sq.Ft.5/29/2025Diagonal St121N/AN/AN/ADickman Rd432N/A63,589 Sq.Ft.2/16/2024Diehl Ave24532$241,9791,544 Sq.Ft.5/23/2025Dixon St7931$159,38130,610 Sq.Ft.6/4/2025Don Lee Ct1931$238,5791,357 Sq.Ft.5/14/2024Dosh Rd2131$239,9521,399 Sq.Ft.11/26/2024Douglas Ave56831$208,3883,190 Sq.Ft.5/21/2025Drake Park Ave2032$247,2222,021 Sq.Ft.4/21/2025Driftwood Ave933$351,4002,161 Sq.Ft.3/7/2025Druid Hill Dr7233$595,0693,505 Sq.Ft.5/31/2025Dubuque Ave13831$159,0511,022 Sq.Ft.6/3/2025Dunham Ave10321$168,1391,114 Sq.Ft.5/28/2025Eagle Point Ct1832$301,7781,624 Sq.Ft.5/21/2025Easter Bay Ct1633$348,7502,092 Sq.Ft.4/9/2025Easter Lake Dr2132$327,4122,191 Sq.Ft.7/31/2024Easton Blvd21331$201,5482,655 Sq.Ft.5/13/2025Eastwood Dr1232$234,9171,520 Sq.Ft.5/10/2024Echo Valley Dr1N/AN/AN/A3,976 Sq.Ft.9/28/2007Edgemont St1931$222,5261,349 Sq.Ft.7/8/2024Edison Ave6431$180,2341,149 Sq.Ft.4/15/2025Edwards Ave2731$207,1601,036 Sq.Ft.12/9/2024Elder Ln8631$202,4301,360 Sq.Ft.5/12/2025Elizabeth Ave4721$178,766992 Sq.Ft.2/27/2025Elm St3031$167,2411,382 Sq.Ft.1/29/2025Elmwood Dr1632$525,8002,302 Sq.Ft.3/14/2024Emma Ave28732$238,5851,779 Sq.Ft.5/30/2025Enden Ln1631$185,2501,234 Sq.Ft.1/6/2025Enos Ave1421$177,8571,166 Sq.Ft.3/12/2024Euclid Ave44431$201,5377,049 Sq.Ft.5/22/2025Evans St5032$219,9001,361 Sq.Ft.5/20/2025Evergreen Ave10532$267,8452,586 Sq.Ft.12/24/2024Ewing Trace Blvd8N/AN/AN/AN/AN/AFagen Dr3132$267,6211,470 Sq.Ft.12/20/2024Fairlane Dr2931$204,8281,359 Sq.Ft.6/5/2025Farwell Rd3131$217,0971,427 Sq.Ft.3/6/2025Fayrdale Dr2132$302,0951,734 Sq.Ft.4/17/2024Filmore St1731$171,0001,382 Sq.Ft.10/29/2024Flamingo Ct831$263,7501,685 Sq.Ft.10/11/2024Fleetwood Dr1432$223,7141,353 Sq.Ft.12/19/2023307 Indiana AveDes Moines, IA 50314
Estimated Value $89,000
Living Area 994 SqFt
Beds 2
Baths 1
Year Built 1915
Property Type Single Family
Ownership Type Related
APN 080/05952-000-000
Neighborhood River Bend
School District Des Moines Independent Community School District
400 E Locust St #302Des Moines, IA 50309
Estimated Value $173,000
Living Area 805 SqFt
Beds 1
Baths 1
Year Built 2005
Property Type Single Family
Ownership Type Multiple
APN 040/04251-023-000
Neighborhood Historic East Village
School District Des Moines Independent Community School District
1624 Oakland AveDes Moines, IA 50314
Estimated Value $260,000
Living Area 4,029 SqFt
Beds 5
Baths 1
Year Built 1880
Property Type Single Family
Ownership Type Related
APN 080/05060-000-000
Neighborhood River Bend
School District Des Moines Independent Community School District
1405 7th StDes Moines, IA 50314
Estimated Value $168,000
Living Area 1,860 SqFt
Beds 4
Baths 2
Year Built 1907
Property Type Single Family
Ownership Type Corporate
APN 080/03556-000-000
Neighborhood River Bend
School District Des Moines Independent Community School District
1414 11th StDes Moines, IA 50314
Estimated Value $224,000
Living Area 2,493 SqFt
Beds 4
Baths 2.5
Year Built 1897
Property Type Single Family
Ownership Type Related
APN 080/03690-000-000
Neighborhood King Irving
School District Des Moines Independent Community School District
1439 4th StDes Moines, IA 50314
Estimated Value $167,000
Living Area 1,232 SqFt
Beds 3
Baths 1
Year Built 1906
Property Type Single Family
Ownership Type Individual
APN 080/00353-000-000
Neighborhood River Bend
School District Des Moines Independent Community School District
1306 8th StDes Moines, IA 50314
Estimated Value $171,000
Living Area 1,232 SqFt
Beds 3
Baths 1.5
Year Built 1996
Property Type Single Family
Ownership Type Multiple
APN 080/04616-001-000
Neighborhood River Bend
School District Des Moines Independent Community School District
309 E 5th St #503Des Moines, IA 50309
Estimated Value $311,000
Living Area 1,043 SqFt
Beds 1
Baths 1
Year Built 2008
Property Type Residential General
Ownership Type Individual
APN 040/01710-027-000
Neighborhood Historic East Village
School District Des Moines Independent Community School District
808 E 2nd StDes Moines, IA 50309
Estimated Value $574,000
Living Area 1,850 SqFt
Beds 3
Baths 2.5
Year Built 2021
Property Type Townhouse
Ownership Type Related
APN 040/00245-101-048
Neighborhood Historic East Village
School District Des Moines Independent Community School District
507 E Locust St #303Des Moines, IA 50309
Estimated Value $159,000
Living Area 581 SqFt
Beds 1
Baths 1
Year Built 2005
Property Type Residential General
Ownership Type Individual
APN 040/00614-017-000
Neighborhood Historic East Village
School District Des Moines Independent Community School District
400 E Locust St #301Des Moines, IA 50309
Estimated Value $212,000
Living Area 935 SqFt
Beds 1
Baths 1
Year Built 2005
Property Type Residential General
Ownership Type Corporate
APN 040/04251-022-000
Neighborhood Historic East Village
School District Des Moines Independent Community School District
201 Grand Ave #213Des Moines, IA 50309
Estimated Value $400,000
Living Area 2,037 SqFt
Beds 2
Baths 3
Year Built 2006
Property Type Townhouse
Ownership Type Related
APN 030/00540-012-000
Neighborhood Downtown Des Moines
School District Des Moines Independent Community School District
806 Walker StDes Moines, IA 50316
Estimated Value $192,000
Living Area 1,070 SqFt
Beds 3
Baths 1.5
Year Built 1999
Property Type Single Family
Ownership Type Related
APN 040/00923-001-000
Neighborhood Capitol Park
School District Des Moines Independent Community School District
1450 8th StDes Moines, IA 50314
Estimated Value $227,000
Living Area 2,242 SqFt
Beds 3
Baths 2
Year Built 1885
Property Type Single Family
Ownership Type Individual
APN 080/06613-000-000
Neighborhood River Bend
School District Des Moines Independent Community School District
1163 10th StDes Moines, IA 50314
Estimated Value $212,000
Living Area 1,412 SqFt
Beds 3
Baths 1
Year Built 1888
Property Type Residential General
Ownership Type Multiple
APN 030/05870-000-000
Neighborhood Cheatom Park
School District Des Moines Independent Community School District
1353 E 12th StDes Moines, IA 50316
Estimated Value $208,000
Living Area 1,336 SqFt
Beds 3
Baths 1
Year Built 1898
Property Type Single Family
Ownership Type Corporate
APN 110/01360-000-000
Neighborhood Capitol Park
School District Des Moines Independent Community School District