Most Affordable ZIP Codes in Des Moines-West Des Moines, IA (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 50029 | Bayard, IA | $116,316 | $900 | 6.04% | — |
| 2 | 50316 | Des Moines, IA | $163,863 | $1,176 | 5.60% | 4.7% |
| 3 | 50314 | Des Moines, IA | $165,653 | $951 | 4.48% | 6.3% |
| 4 | 50220 | Perry, IA | $176,918 | $923 | 4.07% | 6.0% |
| 5 | 50313 | Des Moines, IA | $188,066 | $1,103 | 4.58% | 4.6% |
| 6 | 50317 | Des Moines, IA | $195,407 | $1,257 | 5.02% | 4.7% |
| 7 | 50315 | Des Moines, IA | $198,637 | $1,081 | 4.25% | 4.8% |
| 8 | 50002 | Adair, IA | $205,671 | $945 | 3.58% | 6.6% |
| 9 | 50208 | Newton, IA | $207,432 | $992 | 3.73% | 5.8% |
| 10 | 50048 | Casey, IA | $209,221 | $945 | 3.52% | 6.1% |
| 11 | 50115 | Guthrie Center, IA | $212,687 | $855 | 3.14% | 7.0% |
| 12 | 50160 | Martensdale, IA | $224,313 | $891 | 3.10% | 5.4% |
| 13 | 50112 | Grinnell, IA | $226,360 | $882 | 3.04% | 5.7% |
| 14 | 50135 | Kellogg, IA | $227,409 | $873 | 2.99% | 6.4% |
| 15 | 50164 | Menlo, IA | $227,986 | $927 | 3.17% | 7.9% |
| 16 | 50233 | Redfield, IA | $229,823 | $1,143 | 3.88% | 4.8% |
| 17 | 50243 | Sheldahl, IA | $231,018 | $1,152 | 3.89% | 5.3% |
| 18 | 50311 | Des Moines, IA | $232,728 | $963 | 3.23% | 4.3% |
| 19 | 50250 | Stuart, IA | $233,112 | $936 | 3.13% | 6.2% |
| 20 | 50310 | Des Moines, IA | $236,782 | $989 | 3.26% | 4.4% |
| 21 | 50118 | Hartford, IA | $238,226 | $1,242 | 4.07% | 5.5% |
| 22 | 50070 | Dexter, IA | $242,030 | $1,080 | 3.48% | 4.0% |
| 23 | 50309 | Des Moines, IA | $244,736 | $1,272 | 4.06% | 3.4% |
| 24 | 50232 | Reasnor, IA | $247,531 | $1,062 | 3.35% | 6.1% |
| 25 | 50069 | De Soto, IA | $263,495 | $918 | 2.72% | 4.4% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Des Moines-West Des Moines, IA · Appreciation in Des Moines-West Des Moines, IA
Or see the full Des Moines-West Des Moines, IA metro profile.