What is the Fair Market Rent in Des Moines, IA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,160 to $1,430 a month across the 8 ZIP codes that cover Des Moines.

By ZIP code: 50309 $1,430, 50311 $1,200, 50314 $1,160, 50315 $1,290, 50316 $1,180, 50319 $1,340, 50312 $1,260, 50321 $1,330.

Across the whole Des Moines-West Des Moines, IA HUD Metro FMR Area the two-bedroom figure is $1,360.

The Census Bureau’s median gross rent for a two-bedroom home in Des Moines is $1,134 (±$19), below the Small Area figure for ZIP 50309.

Figures last updated on .

2 bedrooms, whole area
$1,360
2 bedrooms, ZIP 50309
$1,430
2 bedrooms, ZIP 50311
$1,200
2 bedrooms, ZIP 50314
$1,160

Fair Market Rents for Des Moines, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Des Moines-West Des Moines, IA HUD Metro FMR Area (whole area)$1,102$1,145$1,360$1,856$1,901—
ZIP 50309$1,160$1,200$1,430$1,950$2,000$1,223
ZIP 50311$970$1,010$1,200$1,640$1,680$1,029
ZIP 50314$940$980$1,160$1,580$1,620$950
ZIP 50315$1,050$1,090$1,290$1,760$1,800$1,001
ZIP 50316$960$990$1,180$1,610$1,650$952
ZIP 50319$1,090$1,130$1,340$1,830$1,870—
ZIP 50312$1,020$1,060$1,260$1,720$1,760$1,074
ZIP 50321 (99% of the ZIP’s land is in this place)$1,080$1,120$1,330$1,820$1,860$1,128

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Des Moines

What is the Section 8 payment standard in Des Moines?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Des Moines-West Des Moines, IA HUD Metro FMR Area is $1,360, and the Small Area figure for 50309 is $1,430.

What is the Fair Market Rent for a two-bedroom in ZIP 50309?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 50309 is $1,430 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,223 (±$83).

What is the Fair Market Rent for a two-bedroom in ZIP 50311?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 50311 is $1,200 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,029 (±$71).

What is the Fair Market Rent for a two-bedroom in ZIP 50314?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 50314 is $1,160 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $950 (±$107).

What is the Fair Market Rent for a one-bedroom in Des Moines?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 50309 is $1,200 a month, against $1,145 across the Des Moines-West Des Moines, IA HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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