Ankeny, IA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Ankeny short-term rental market based on reliable data.

Listings

71 / 165

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$31,902

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$340,427

Median Home Sale Price

Top Earners

$75,910

Top-Earners Revenue

Ankeny

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ankeny.

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B

Generally Investor friendly

Ankeny Regulations

Ankeny has a friendly STR environment due to Iowa preemption preventing local bans and no separate STR permitting requirements. However, investors must complete standard rental registration, biennial inspections, and comply with property codes, creating moderate but manageable compliance obligations without meaningful caps or operational restrictions.

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About Ankeny

Ankeny, Iowa, is a growing suburban city in Polk County, located in the heart of central Iowa. With a population of approximately 70,000, it has become one of the fastest-growing communities in the state, offering a blend of residential neighborhoods, retail centers, and light industry. Ankeny functions as a northern gateway to the Des Moines metropolitan area, sitting roughly ten miles north of downtown Des Moines and giving visitors an easy base from which to explore the region. The city is best known for its family-friendly atmosphere, well-regarded school system, and its convenience for travelers moving between the Des Moines suburbs, central Iowa's outdoor recreation, and the broader Midwest.

Just north of Ankeny, Saylorville Lake offers one of the area's most popular outdoor escapes, with thousands of acres of water and miles of shoreline managed by the U.S. Army Corps of Engineers. Visitors come for boating, fishing, and swimming at the beach at Prairie Flower Recreation Area, with the main access points about a fifteen-minute drive from the center of Ankeny. Trails, picnic areas, and overlooks around the lake make it an easy half-day outing for guests looking to balance city time with the outdoors.

A short drive east in Altoona lies Adventureland Park, a long-running family amusement park that has been a regional draw for decades. The park features roller coasters, a water park, and seasonal events, and is roughly ten minutes from Ankeny by car, making it a natural fit for short-term rental guests traveling with children. The surrounding resort and campground extend the entertainment options in that direction.

The High Trestle Trail, one of the most celebrated recreational trails in Iowa, passes through the Ankeny area on its route between Woodward and Marshalltown. The trail is best known for its iconic High Trestle Bridge, an illuminated pedestrian bridge spanning the Des Moines River Valley near Madrid, about forty-five minutes northwest of Ankeny. Cyclists, runners, and walkers use the trail year-round, and the bridge has become a destination of its own for evening visits to view its light display.

Ankeny's combination of suburban comfort, quick access to Des Moines, and proximity to lakes, trails, and family attractions makes it a practical and appealing base for short-term rental guests. Travelers can spend their days exploring the natural and cultural offerings of central Iowa and return each evening to a quieter residential setting with restaurants, parks, and shopping close at hand.

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