Performance indicators for the Waukee short-term rental market based on reliable data.
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The highest-performing listings in Waukee.
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STRs are explicitly permitted citywide and must be treated as residential under state law, preventing STR‑specific caps or licensing; compliance hinges on a standard, low‑cost rental inspection certificate ($65) and safety checks, with clear, enforceable penalties but no burdensome limits.
Local STR Agent
STR specialist · Waukee, IA
Waukee is a growing city in Dallas County, Iowa, situated in the heart of the Des Moines metropolitan area. With a population of approximately 24,000 residents, it has earned a reputation as one of the fastest-growing communities in the state, drawing families and professionals who appreciate its small-town atmosphere combined with quick access to urban amenities. Waukee serves as a convenient gateway to the broader Des Moines region and lies about 15 miles northwest of downtown Des Moines, making it a natural home base for visitors who want suburban comfort paired with metropolitan attractions.
Living History Farms in neighboring Urbandale offers a sprawling open-air museum that recreates Iowa life across several historical eras, from a 1700s Ioway village to a 1900s pioneer town. It is one of the region's most distinctive cultural attractions and sits only a few miles south of central Waukee, making it an easy half-day outing for guests based in town.
Saylorville Lake, located roughly 25 miles north of Waukee, is a sizable reservoir built and managed by the U.S. Army Corps of Engineers. It draws boaters, anglers, and hikers throughout the warmer months, and its surrounding recreation areas include marinas, beaches, and miles of shoreline trails that offer a quiet natural counterpoint to the suburban pace of the metro area.
Downtown Des Moines, about 15 miles southeast of Waukee, anchors the region with the gold-domed Iowa State Capitol, the Pappajohn Sculpture Park, and the Des Moines Art Center. Visitors can pair architectural sightseeing with the Principal Riverwalk, a revitalized corridor of restaurants, museums, and event spaces along the Des Moines River that hosts concerts and festivals throughout the year.
The High Trestle Trail, whose illuminated bridge spans the Des Moines River valley between Madrid and Woodward, threads through Dallas County and connects to a network of paved trails accessible from Waukee. The trail is celebrated among cyclists for its dramatic views and ranks among the most photographed rail-trails in the Midwest.
Waukee makes a compelling base for short-term rentals because it offers a quieter, more residential setting than downtown Des Moines while keeping the metro's biggest draws within an easy drive. Families visiting Living History Farms, cyclists tackling the High Trestle Trail, or business travelers working in West Des Moines or downtown all find the city's suburban character and central location appealing. As one of Iowa's fastest-growing communities, Waukee pairs newer restaurants, hotels, and conveniences with quick interstate access, giving guests a comfortable place to return to after a day spent exploring central Iowa.