US5.com
  1. Home
  2. States
  3. Iowa
  4. ZIP 50311
  5. Housing & Real Estate
Des Moines city, IA

ZIP 50311 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 50311

Median Home Value
$228,000
Median Rent
$859
Affordability Snapshot
$63,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,465/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 50311 in Des Moines city, IA, a household would need roughly $63,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,465. That is roughly in line with the local median household income ($63,233). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
48.0%-27% vs US avg
x
Vacancy Rate
6.7%-35% vs US avg
x
Broadband Access
88.3%+2% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
8.4%-34% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
26.8%-46% vs US avg
x
Mortgage-Free
29.6%-23% vs US avg
x
$228,000
Home Value
$859
Rent
1938
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached54.5%
  • 1-unit attached4.1%
  • 2-9 units28.0%
  • 10+ units13.2%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$228,000
Median rent$859
Owner-occupied48.0%
Vacant6.7%
Price-to-income3.6x
Est. income to buy$63,000