How many renters live in Des Moines County, Iowa?
The County of Des Moines County has people living in households.
There are renters living in renter households in this County. Renters make up 25.76 percent of the population living in Des Moines County.
What is the rental market like in Des Moines County, Iowa?
There are an estimated housing units in the Des Moines County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Des Moines County, Iowa, there are 1.04 rental units.
What is the vacancy rate for rentals in Des Moines County?
The rental vacancy rate in Des Moines County is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Des Moines County for each bedroom size?
Occupied Rental Units by Size in Des Moines County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 288 | 1,251 | 2,213 | 1,121 | 176 |
Occupied Rental Units by Size in Des Moines County
A large number of apartments in Des Moines County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Des Moines County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $697 to $1,370. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $697 |
| One BR | $783 |
| Two BR | $1,029 |
| Three BR | $1,267 |
| Four BR | $1,370 |
2024 Fair Market Rents in Des Moines County, Iowa
How many units are rented at Fair Market Rent (FMR) in Des Moines County?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 198 | 69 percent |
| One BR | 963 | 77 percent |
| Two BR | 1,327 | 60 percent |
Rental Units Below FMR in Des Moines County, Iowa
How many affordable rental units are in Des Moines County?
There are a variety of federal affordable housing programs serving households in Des Moines County, Iowa including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Des Moines County, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Des Moines County, Iowa
Des Moines County features 716 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Des Moines County, Iowa
There are 190 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Des Moines County.
Housing Choice Vouchers in Des Moines County, Iowa
On average, Section 8 Housing Choice vouchers pay Des Moines County landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Des Moines County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Des Moines County, Iowa for a two-bedroom apartment is between $926 and $1,132.
Sourced from federal housing data and AffordableHousingOnline.com research.
