What HUD offices serve Des Moines, Iowa?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Des Moines.
How many renters live in Des Moines, Iowa?
The City of Des Moines has 210,936 people living in 93,091 households.
There are 69,518 renters living in 36,792 renter households in this City. Renters make up 32.96 percent of the population living in Des Moines.
What is the rental market like in Des Moines, Iowa?
There are an estimated 100,258 housing units in the Des Moines area. Of these, 38,543 units are rental homes, making up 38 percent of the housing market. For every renter household in Des Moines, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in Des Moines?
The rental vacancy rate in Des Moines 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 for each bedroom size?
Occupied Rental Units by Size in Des Moines
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 2,589 | 11,605 | 14,913 | 5,898 | 1,644 |
Occupied Rental Units by Size in Des Moines
A large number of apartments in Des Moines have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Des Moines are overburdened by housing costs?
Among renter households in this market, 45 percent have housing cost burden. Further, 23 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Des Moines
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $833 to $1,481. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $833 |
| One BR | $899 |
| Two BR | $1,080 |
| Three BR | $1,477 |
| Four BR | $1,481 |
2024 Fair Market Rents in Des Moines, Iowa
How many units are rented at Fair Market Rent (FMR) in Des Moines?
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 | 1,653 | 64 percent |
| One BR | 6,156 | 53 percent |
| Two BR | 7,851 | 53 percent |
Rental Units Below FMR in Des Moines, Iowa
How many affordable rental units are in Des Moines?
There are a variety of federal affordable housing programs serving households in Des Moines, Iowa including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 5,090 |
| Public Housing | 424 |
| Section 8 Project-Based Rental Assistance | 1,437 |
| Section 202 Supportive Housing for the Elderly | 80 |
| Section 811 Supportive Housing for Persons with Disabilities | 36 |
Tracked Units by Federal Program in Des Moines, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Des Moines, Iowa
Des Moines features 2,634 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, Iowa
There are 4,678 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Des Moines.
Housing Choice Vouchers in Des Moines, Iowa
On average, Section 8 Housing Choice vouchers pay Des Moines landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Des Moines.
The maximum amount a voucher would pay on behalf of a low-income tenant in Des Moines, Iowa for a two-bedroom apartment is between $972 and $1,188.
Sourced from federal housing data and AffordableHousingOnline.com research.
