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Des Moines city, IA

ZIP 50321 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 50321

Median Home Value
$294,100
Median Rent
$978
Affordability Snapshot
$81,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,889/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.8x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

25.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 50321 in Des Moines city, IA, a household would need roughly $81,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,889. That is roughly in line with the local median household income ($77,636). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
60.5%-8% vs US avg
x
Vacancy Rate
5.7%-44% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
6.3%-57% vs US avg
x
Built Pre-1939
2.7%-79% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
29.8%-40% vs US avg
x
Mortgage-Free
42.6%+12% vs US avg
x
$294,100
Home Value
$978
Rent
1980
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached46.3%
  • 1-unit attached4.3%
  • 2-9 units5.8%
  • 10+ units34.0%
  • Mobile home & other9.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$294,100
Median rent$978
Owner-occupied60.5%
Vacant5.7%
Price-to-income3.8x
Est. income to buy$81,000