Real Estate Investing in Des Moines, Iowa (50316)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Polk County • Population: 16,188 • Data updated: September 2026

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Should you buy in 50316 (Des Moines, IA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.0% vacancy may signal weakening demand.

What’s happening in Des Moines, IA (50316)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $163,863
Avg Monthly Rent $1,176
1% Rule ✗ Does Not Meet
Median Income $51,803
% Renters 34.1%

Market Analysis: 50316 Des Moines

The 50316 ZIP covers a section of Des Moines that demands careful diligence. Prices near $164K look accessible, but the work to make a deal cash flow is real.

For an experienced owner, 50316 can be a worth a close look for hunting ground — but the discount at $164K reflects genuine risk that outside investors often underestimate.

Statewide comparisons place 50316 among IA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Who lives in 50316 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Distressed ZIPs reward experience. sturdy returns are possible in 50316, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Des Moines:

B Good
Buy Confidence Score: 74/100
Affordability
20/25
Appreciation
18/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Stable (+2.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,176/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Des Moines-West Des Moines, IA Metro Area
More inventory, negotiating room for buyers
62 days
Average time to sell
Slow
11.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Des Moines-West Des Moines, IA metro data
🏠

Property Strategy for 50316

Which property type performs best in this market?

Best for Cash Flow
1BR
6.6% cap rate
Best for Appreciation
1BR
+7.6% 5yr CAGR
Best Overall Value
5BR
$40,907/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $106,379 $980 6.6% +7.6% $106,379
2BR $141,492 $1,160 5.9% +7.0% $70,746
3BR $172,782 $1,580 6.6% +6.6% $57,594
4BR $189,394 $1,620 6.2% +6.5% $47,348
5BR $204,537 +7.2% $40,907

Market Trends

Home Value History (with trend line)

$178K$152K$126K$99K$73K$47KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,310$1,271$1,233$1,195$1,157$1,118Dec 2024Oct 2025Jul 2026

📊 How Does 50316 Compare?

Metric 50316 Des Moines Des Moines-West Des Moines, IA Iowa
Home Value $163,863 $212,617 N/A $227,232
5-Year CAGR 4.7% 4.6% N/A 6.0%
Avg Rent $1,176 $1,115 N/A -
Cap Rate 5.6% 4.0% - -
💡 Why Invest in 50316? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 50316 (Des Moines, IA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.6%
Fair
5yr Growth
+4.7%
Moderate

📊 Market Snapshot

Home Value $163,863
Monthly Rent $1,176
Price-to-Rent 11.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.6%
Cap Rate 5.6%
5-Year IRR 10.3%

📈 Home Appreciation

1-Year +2.2% ▲
3-Year CAGR +4.0% ▲
5-Year CAGR +4.7% ▲
10-Year CAGR +7.5% ▲

🏠 Rent Trends

1-Year -6.0% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
10.0%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 50316

Population: 16,188

💰 Median Household Income
$51,803
This area
$51,803
State
$71,886
USA
$74,580
🏠 Renter Occupied
34.1%
This area
34.1%
State
19.7%
USA
34.0%
💼 Unemployment Rate
4.5%
This area
4.5%
State
0.0%
USA
3.7%
🎓 College Educated
11.7%
This area
11.7%
State
18.8%
USA
33.7%
👤 Median Age
31.2 years
This area
31.2 years
State
40.2 years
USA
38.9 years
🏚️ Vacancy Rate
10.0%
This area
10.0%
State
11.7%
USA
10.5%
👥 Population by Ethnicity
White 62.5%
Other/Mixed 16.9%
Black/African American 14.8%
Hispanic/Latino 11.7%
Asian 5.9%
👶 Under 18
30.4%
This area
30.4%
USA
22.0%
👴 65 and Over
10.3%
This area
10.3%
USA
17.3%
📊 Poverty Rate
15.9%
This area
15.9%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 50316

B+ Avg School Grade
6 Schools
13.7:1 Avg Class Size
$16,255 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Carver Elementary

📚 Pre-K – 05 Elementary
👥
419 Students
👨‍🏫
11.7:1 Class Size
💰
$16,255 Per Student
A Very Good

Cattell Elementary School

📚 K – 05 Elementary
👥
308 Students
👨‍🏫
10.6:1 Class Size
💰
$16,255 Per Student
A Very Good

Madison Elementary School

📚 K – 05 Elementary
👥
247 Students
👨‍🏫
11.4:1 Class Size
💰
$16,255 Per Student
A Very Good

Capitol View Elementary School

📚 Pre-K – 05 Elementary
👥
545 Students
👨‍🏫
12.4:1 Class Size
💰
$16,255 Per Student
A Very Good

Hiatt Middle School

📚 06 – 08 Middle
👥
466 Students
👨‍🏫
12.8:1 Class Size
💰
$16,255 Per Student
C Below Average

East High School

📚 09 – 12 High School
👥
2,014 Students
👨‍🏫
23.6:1 Class Size
💰
$16,255 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Delaware Elementary

📚 Pre-K – 05 Elementary
📍 4401 E 46th St, Des Moines
👥
423 Students
👨‍🏫
12.0:1 Class Size
💰
$17,121 Per Student
A Very Good

Garton Elementary

📚 K – 05 Elementary
📍 2820 E 24th St, Des Moines
👥
429 Students
👨‍🏫
11.9:1 Class Size
💰
$16,255 Per Student
A Very Good

Edmunds Elementary School

📚 K – 05 Elementary
📍 950 15th Street, Des Moines
👥
286 Students
👨‍🏫
11.2:1 Class Size
💰
$16,255 Per Student
A Very Good

King Elementary School

📚 K – 05 Elementary
📍 1849 Forest Ave, Des Moines
👥
273 Students
👨‍🏫
11.0:1 Class Size
💰
$16,255 Per Student
A Very Good

Phillips Elementary

📚 K – 05 Elementary
📍 1701 Lay St, Des Moines
👥
254 Students
👨‍🏫
10.8:1 Class Size
💰
$16,255 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 13,258 Off-Campus Students
C
Grand View University
1,796 students · 0.8 mi
D
Mercy College of Health Sciences
907 students · 1.8 mi
D
UnityPoint Health-Des Moines School of Radiologic Technology
16 students · 2.3 mi
C+
Drake University
4,504 students · 2.9 mi
C
Iowa School of Beauty-Des Moines
74 students · 6.0 mi
C+
Des Moines Area Community College
24,418 students · 6.8 mi
C
Body Wisdom Massage Therapy School
36 students · 7.2 mi
D
La James International College-Johnston
113 students · 8.1 mi

Investor Insight: With 13,258 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Des Moines, IA a good market for buy-and-hold investors?

Investors tracking Des Moines, IA will find a 3.0/5 rating supported by $164K median home values and $1,176/mo rents. That profile suits long-term holders targeting consistent returns.

Is housing expensive in Des Moines, IA?

Des Moines, IA median home values land near $164K. That is reasonable territory for investors looking at $1,176/mo-per-month rentals.

Is vacancy a concern in Des Moines, IA?

Expect elevated vacancy in Des Moines, IA. Rents at $1,176/mo are absorbed by the tenant base without meaningful lag.

Is Des Moines, IA good for house hacking?

The house hack math a challenging in Des Moines, IA. Owner-occupant buyers benefit from the $1,176/mo rents and $164K home values.

What approach is best for Des Moines, IA real estate?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Des Moines, IA. The numbers - $164K homes against $1,176/mo rents - support that play.

You know 50316 now. You don’t know where it ranks.

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How 50316 ranks in Des Moines-West Des Moines, IA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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