Appreciation Investing in Des Moines, IA
Data-driven appreciation analysis for Des Moines, IA — score breakdown, key investment metrics, and how it compares to other markets.
Last updated: May 2026
Score Breakdown
Key Metrics for Appreciation
Pop. Growth
+3.5%
Moderate
Median Income
$81,621
Household income
Vacancy Rate
5.9%
Very tight supply
Population
497K
Metro demand indicator
Appreciation Investment Thesis
Des Moines is an insurance and financial services hub with low unemployment and steady population growth. Under-the-radar market with reliable cash flow and lower competition from institutional buyers.
How Des Moines Compares
| Rank | City | Appreciation Score | Cap Rate | Median Price |
|---|---|---|---|---|
| #22 | Orlando, FL | 5.0 | 5.3% | $355,000 |
| #23 | Jacksonville, FL | 4.9 | 6.4% | $285,000 |
| #24 | Portland, OR | 4.8 | 4.2% | $480,000 |
| #25 | Des Moines, IA | 4.7 | 6.6% | $200,000 |
| #26 | Chicago, IL | 4.4 | 6.0% | $275,000 |
| #27 | Charleston, SC | 4.3 | 5.0% | $385,000 |
| #28 | Knoxville, TN | 4.2 | 5.8% | $270,000 |
Showing markets ranked near Des Moines for this strategy.
Quick Math: Estimated Annual Return
Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.
Frequently Asked Questions
What is the appreciation score for Des Moines, IA?
Des Moines, IA scores 4.7 out of 10 on our appreciation score, ranking #25 out of 52 markets we track. Weighted composite: population growth (40%), median household income (25%), low vacancy (20%), metro size/demand (15%). Scale 0–10.
Is Des Moines a good city for appreciation investing?
Des Moines, IA ranks #25 for appreciation investing — a solid mid-tier market with a score of 4.7/10. The median home price is $200,000 with a 6.6% average cap rate.
What is the average cap rate in Des Moines?
The average cap rate in Des Moines, IA is 6.6%. The median home price is $200,000 with a median monthly rent of $1,250, resulting in a rent-to-price ratio of 0.63%.
What are the property taxes in Des Moines?
The effective property tax rate in Des Moines, IA is 1.57%. On a $200,000 property, that translates to approximately $3,140 per year in property taxes.
How does Des Moines compare to other appreciation markets?
Among our 52 tracked markets, Des Moines, IA ranks #25 for appreciation investing. It falls in the middle of the pack for this strategy.
What is driving population growth in Des Moines?
Des Moines, IA has a 5-year population growth rate of +3.5% and a median household income of $81,621. Moderate population growth combined with economic diversification supports steady long-term appreciation potential.
Run Your Own Numbers for Des Moines
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