The subject of today’s snapshot is for the neighborhood Downtown, Des Moines, Iowa. Based on our analysis, Des Moines’ year-over-year average rents increased across all bedroom types.
Our standard neighborhood analysis uses a 12-month “LookBack” to establish an average baseline rent. The results from the 12-month LookBack analysis are presented in the tables below for Des Moines 1-2 bedroom rents from December 1, 2020 – December 1, 2021:
As the table shows, 1BR units increased by 4% from last year or $47 more, and 2BR units increased by 6% or $77 more. As demonstrated by the table, year-over-year performance for all selected bedroom types increased.
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This article was written by the Rentometer Content Team. The Rentometer Blog features fresh takes and insights on rental housing topics, services, and technology.