Des Moines is the 80th largest multifamily market with 45,063 completed units and 9,459 units in development, 2,742 of which have already broken ground, as of September 2022.
Des Moines Multifamily Market Summary – September 2022
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New lease asking rents are at $1,077, up 5.4%▲
from the previous year placing Des Moines at
114th overall in year-over-year rent growth.
Des Moines Multifamily Market Summary – August 2022
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New lease asking rents are at $1,077, up 6.0%▲
from the previous year placing Des Moines at
114th overall in year-over-year rent growth.
Des Moines Multifamily Market Summary – July 2022
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New lease asking rents are at $1,072, up 6.2%▲
from the previous year placing Des Moines at
117th overall in year-over-year rent growth.
Des Moines Multifamily Market Summary – June 2022
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New lease asking rents are at $1,073, up 7.5%▲
from the previous year placing Des Moines at
111th overall in year-over-year rent growth.
Des Moines Multifamily Market Summary – May 2022
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New lease asking rents are at $1,057, up 7%▲
from the previous year placing Des Moines at
116th overall in year-over-year rent growth.
Des Moines Multifamily Market Summary – April 2022
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New lease asking rents are at $1,045, up 6.2%▲
from the previous year placing Des Moines at
119th overall in year-over-year rent growth.
Des Moines Multifamily Market Summary – March 2022
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New lease asking rents are at $1,042, up 6.2%▲
from the previous year placing Des Moines at
119th overall in year-over-year rent growth.
Des Moines Multifamily Market Summary – February 2022
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New lease asking rents are at $1,039, up 6.7%▲
from the previous year placing Des Moines at
116th overall in year-over-year rent growth.
Des Moines Multifamily Market Summary – January 2022
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New lease asking rents are at $1,033, up 5.9%▲
from the previous year placing Des Moines at
116th overall in year-over-year rent growth.
Des Moines Multifamily Market Summary – December 2021
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New lease asking rents are at $1,019, up 5.0%▲
from the previous year placing Des Moines at
113th overall in year-over-year rent growth.