Alexan Gateway
23040 Military Rd,
Kent, WA 98032
Studio - 3 Beds | $1,892 - 3,194
Rental Market Trends in Des Moines, WA
What is the average rent in Des Moines, WA?
$1,485/month
Average Rent
656 Sq Ft
Average Apartment Size
+2.5%
Increase in the Last Year
As of November 2024, the average rent in Des Moines, WA is $1,485 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Des Moines rent prices are 5% lower than the national average. When you rent an apartment in Des Moines, you can expect to pay about $1,182 per month for a studio, $1,485 for a one-bedroom apartment, and around $1,715 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,981 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Des Moines, WA?
In the past year, rent has increased by 2.5%, which averages out to $38 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Des Moines, WA
Last Updated November 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
11%
Below $700/month
18%
$700 - $1,000/month
24%
$1,001 - $1,500/month
45%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Des Moines?
Based on current rent prices, North Central Des Moines, Redondo and Pacific Ridge are the most affordable neighborhoods in Des Moines.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Des Moines?
Based on current rent prices, Central Des Moines, South Des Moines and Zenith are the most expensive neighborhoods in Des Moines.
Neighborhood
Average Rent
Average Sq Ft
Which Des Moines neighborhoods have the most rentals available?
The neighborhoods in Des Moines with the most apartments available are Central Des Moines, Pacific Ridge and South Des Moines .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Des Moines, WA?
Because the average rent in Des Moines is $1,485, you’ll want to make about $4,950 per month or $59,400 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Des Moines, WA compare to other nearby cities and neighborhoods?
Use the tool below to compare Des Moines, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,147/month
One Bedroom
$1,495/month
$1,551/month
Two Bedroom
$1,900/month
$1,861/month
Three Bedroom
-
$3,095/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.