Rent to own Homes in Des Moines, IA
Des Moines is the capital, as well as the biggest city. in the Midwestern state of Iowa. It has no shortage of events and attractions to offer, from the famed Arnold Palmer Signature Course to the Pappajohn Sculpture Park in the Western Gateway District. The Des Moines Art Center offers amazing art and architecture for those looking for a cultural getaway, and the Kruidenier Trail or Principal Riverwalk will offer both exercise and sightseeing for people who want to get a deeper glimpse into this beautiful city.
Des Moines, IA is a great place for affordable rent-to-own homes! With a median household income of over $54,843 and a median rent of $881, the Des Moines, IA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Des Moines, IA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Des Moines, IA Property Resources
Rent to own Homes in Cities Near Des Moines, IA
- Adel
- Alleman
- Altoona
- Ames
- Ankeny
- Bevington
- Bondurant
- Boone
- Booneville
- Bouton
- Cambridge
- Carlisle
- Clive
- Cumming
- Dallas Center
- Des Moines
- De Soto
- Elkhart
- Granger
- Grimes
- Huxley
- Johnston
- Kelley
- Luther
- Madrid
- Martensdale
- Minburn
- Norwalk
- Patterson
- Perry
- Pleasant Hill
- Polk City
- Prole
- Saylorville
- Sheldahl
- Slater
- Spring Hill
- Urbandale
- Van Meter
- Waukee
- West Des Moines
- Windsor Heights
- Woodward
Neighborhoods in Des Moines, IA
Magnolia Park rent to own homes Accent rent to own homes Easter Lake Area rent to own homes Capitol East rent to own homes Capitol Park rent to own homes Carpenter rent to own homes Chautauqua Park rent to own homes Chesterfield rent to own homes Douglas Acres rent to own homes Drake Park rent to own homesBuying a Home in Des Moines, IA
Des Moines, IA is seeing rapid growth and Des Moines, IA's' housing market remains optimal with an average home price that is -35% below the 2024 national average. Des Moines, IA is part of Polk county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Polk is 1.6% which is above the national average, which is 0.99%.
Median Home Price in Des Moines, IA
Median Rent in Des Moines, IA
Top Reasons to Live in Des Moines IA
Housing Statistics The most recent statistics for Des Moines show the average listing price for homes at $134,568, and the median sales price at $118,000. The city has a vacancy rate of 5.3 percent, which means looking for rent to own homes or other properties here could take some time. However, there is an annual residential turnover of 23.44 percent, so properties do become available eventually.
Local Restaurants Des Moines is not just a meat-and-potatoes Midwestern city. You'll find everything you can dream of here, from Indian to French, falafel to pizza. The Chophouse on Grand Avenue serves up delectable prime beef in an upscale setting. Check out the Blue Moon Dueling Piano Bar and Restaurant for delicious cocktails and small plates while you listen to piano players from all over the country. BOS, in the Renaissance Des Moines Savery Hotel, has some local flair - try it for a real Midwestern meal. Samurai Sushi and Hibachi employs traditional Japanese cooking techniques to entertain you during your dinner. Sarah is the place to go for Bosnian and Eastern European foods like moussaka, tehrana, baklava and pitas. Head down to Locust Street to get some great seafood and drinks at Splash Seafood Bar and Grill.
Arts and Culture As far as arts and culture are concerned, Des Moines is right up there with the big leagues in the country. It's a highly progressive city that maintains a focus on the arts and offers plenty of places to soak it up. The ArtFest Midwest is a fantastic festival where you can find art from all over. Des Moines's local galleries feature regional art to view and buy. The Pappajohn Sculpture Park in the Western Gateway offers a beautiful entrance to downtown, and the Des Moines Art Center has many popular artists on display. The 80/35 Music Festival takes place in early July and draws a big crowd to hear popular musicians play. The Ballet Des Moines has been training world-class dancers for over ten years. And finally, for bluegrass lovers, the Iowa Bluegrass Music Festival in late February is a must-do.
Neighborhood Guide Des Moines is made up of a number of diverse and interesting neighborhoods, each one presenting a different way to experience the city. Whether you're looking for a home or just visiting, its unique neighborhoods have a lot to offer. Soak up the life and vibrancy of downtown, or relax in the quieter and more peaceful neighborhoods. Here's a quick breakdown of the city's most popular areas.