Des Moines, IA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

725 / 1499

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$25,891

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$204,843

Median Home Sale Price

Top Earners

$53,353

Top-Earners Revenue

Des Moines

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Des Moines.

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B

Generally Investor friendly

Des Moines Regulations

STRs are explicitly permitted citywide under Iowa law (HF 2641) and have a straightforward permit/inspection pathway with a $500k liability minimum and standard hotel/motel tax. Some non-owner-occupied limits apply in residential zones, but enforcement is predictable and does not impose meaningful caps or overly costly hurdles.

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About Des Moines

Des Moines, the capital city of Iowa, boasts a blend of urban vibrancy and Midwestern charm that appeals to short-term rental seekers. With a population of approximately 214,000 people, it is a mid-sized city characterized by a growing economy and a rich cultural scene. Des Moines is located around 195 miles northwest of Kansas City, Missouri, making it relatively accessible for regional travelers.

The city is home to numerous landmarks and attractions that draw visitors year-round. One of the most notable is the Iowa State Capitol (https://www.legis.iowa.gov/resources/tourCapitol),,) an architectural gem with a stunning gilded dome. Another popular destination is the Pappajohn Sculpture Park (https://www.desmoinesartcenter.org/exhibitions/john-and-mary-pappajohn-sculpture-park/),,) which features an impressive collection of contemporary sculptures set in an urban green space.

For those interested in history and culture, the Des Moines Art Center (https://www.desmoinesartcenter.org/)) offers a wide array of exhibits and programs. Meanwhile, the Greater Des Moines Botanical Garden (https://www.dmbotanicalgarden.com/)) provides a lush setting for nature enthusiasts.

Des Moines also offers excellent dining and shopping experiences, particularly in the East Village and Historic Valley Junction. The city’s location along the Des Moines River means there are numerous parks and outdoor activities to enjoy, including hiking and biking trails. This combination of attractions, accessibility, and amenities makes Des Moines an appealing destination for short-term rentals.

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