Rental markets / Des Moines

ZIP 50315 fair market rent

HUD rent benchmarks, FY2025–2027. Compare bedrooms and ZIPs.

3-bedroom gross-rent benchmark

$1,760 / month

+5.4% from FY2026

FY2027 · current · effective Oct 1, 2026

Includes tenant-paid basic utilities. HUD benchmarks are not asking rents or approved voucher payments.

Published HUD schedules

FY2025
$1,500
FY2026
$1,670
FY2027
$1,760

HUD schedule changes, not observed rent growth.

Rent by bedroom

Monthly gross-rent benchmarks, including tenant-paid utilities
BedroomsFY2025FY2026FY2027
Studio$880$990$1,050
1 bedroom$940$1,030$1,090
2 bedrooms$1,120$1,230$1,290
3 bedrooms$1,500$1,670$1,760
4 bedrooms$1,510$1,720$1,800
Download rent table

Compare ZIP benchmarks

Other ZIPs in the same HUD area. These are rent comparisons, not property-specific comps.

Des Moines-West Des Moines, IA HUD Metro FMR Area · 3 bedrooms · FY2027
ZIP codeMonthly gross rentDifference from 50315
50315 This ZIP$1,760$0
50265$1,800+$40
50309$1,950+$190
50023$1,990+$230
50266$2,240+$480

Explore every ZIP in this HUD area

Rental housing in ZCTA 50315

2020–2024 ACS 5-year. Census ZCTAs approximate postal ZIP codes; their boundaries are not identical.

Renter-occupied homes

5,839

38.5% of occupied homes are rented.

Rental home types

Single-unit houses
29.5%
Buildings with 2–4 units
12.6%
Buildings with 5+ units
57.7%
Other rental housing
0.1%

Rent as a share of income

50.2%

Spend at least 30% of household income on gross rent.

19.2% spend at least half.

Estimates, margins of error & definitions

These are pooled 2020–2024 survey estimates, not current listing data. Single-unit houses include detached and attached homes. Rent-burden percentages exclude households for which the ratio could not be calculated.

90% margins of error. Percentage margins are in percentage points.
MeasureEstimateMargin of error
Renter-occupied homes5,839± 541
Renter share of occupied homes38.5%± 3.1 pp
Single-unit houses29.5%± 6.0 pp
Buildings with 2–4 units12.6%± 3.9 pp
Buildings with 5+ units57.7%± 7.3 pp
Other rental housing0.1%± 0.4 pp
Rent is 30% or more of income50.2%± 7.2 pp
Rent is 50% or more of income19.2%± 4.0 pp

U.S. Census Bureau, 2020–2024 ACS 5-year tables B25003, B25032 and B25070. Statistical guidance.

Download Census estimates & margins of error

Use this rent in a property analysis

Adjust for tenant-paid utilities or enter the rent you expect to collect.

Monthly rent to analyze: $1,610

Analyze a property with this rent

Utilities default to an editable $150/month. Only rent carries over; enter your price, financing and costs in the analyzer.

HUD sources, dates & coverage

HUD Small Area Fair Market Rents are monthly gross-rent benchmarks for postal ZIP codes. They include basic tenant-paid utilities, excluding phone, cable and internet. They do not determine an individual housing authority's payment standard, approved rent or a tenant's subsidy.

Des Moines-West Des Moines, IA HUD Metro FMR Area. FY2025 ZIP schedule (effective Oct 1, 2024; source file revised Apr 28, 2025) · FY2026 ZIP schedule (effective Oct 1, 2025; source file revised May 21, 2026) · FY2027 ZIP schedule (effective Oct 1, 2026).

HUD data checked Sep 22, 2026. Census context: 2020–2024 ACS 5-year. How Census ZCTAs differ from postal ZIP codes.