Last updated
Average Rent in Des Moines 50315 & Rent Trends
Rent prices and market trends across 2 apartment communities in Des Moines 50315, Des Moines, IA. Updated daily.
Market Average
$858/mo
▲ +1% from last month
Lowest Available
$795/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
5
available now
Des Moines 50315 vs Des Moines, IA Average
Des Moines 50315 is cheaper the Des Moines, IA average by $493/mo (36%). The citywide average is $1,351/mo across all neighborhoods.
Is Rent Going Up or Down in Des Moines 50315?
As of June 2026, the average rent in Des Moines 50315 is $858 per month across 2 apartment communities and 5 available units. Rents have increased $9 (1%) over the past month.
The most affordable option is Wakonda Village Apartments starting at $795/mo. By unit type, a 1-bedroom averages $858/mo.
Prices range from $795 to $1,025 per month. The most common price point is the $600 range, where 2 units are currently listed.
Des Moines 50315 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Des Moines 50315
Rent Prices by Apartment in Des Moines 50315
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Wakonda Village Apartments | $795/mo | $816/mo | 4 | 4 |
| The Residences at River View | $1,025/mo | $1,025/mo | 1 | 3.7 |
Google Search Trends for Des Moines 50315 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Des Moines 50315
What is the average rent in Des Moines 50315?
Is rent going up or down in Des Moines 50315?
What is the cheapest apartment in Des Moines 50315?
How much is a 1-bedroom apartment in Des Moines 50315?
How many apartments are available in Des Moines 50315?
What salary do I need to live comfortably in Des Moines 50315?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$34,000/year
Based on the 30 percent rule, using our tracked average rent of $858/mo.
Comfortable income
$41,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($795/mo), you need to earn at least $32,000/year.
Median household income in Des Moines 50315 is $63,966 , about 55% above the comfortable-living threshold.
Cost of living in Des Moines 50315
Overall prices in Des Moines 50315 runs below the national average by about 7% (BEA Regional Price Parity index 92.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Des Moines 50315's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $858 |
| Utilities | $370 |
| Groceries | $522 |
| Transportation | $882 |
| Healthcare | $430 |
| Other goods and services | $688 |
| Estimated total | $3,750/mo |
Population
212,464
Median household income
$63,966
Census median rent
$1,054/mo
Rent as % of income
28.8%
Median age
34.6
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Des Moines 50315 Apartments
Browse all 2 communities with daily-updated pricing and availability.