Zip lookup · IA

50309
Des Moines, Iowa.

Des Moines, Polk County, IA · Des Moines-West Des Moines, IA metro · population 10,110

What it costs per month · 50309 $1,281/mo

to buy the typical home at today's mortgage rate — +$610 (+91%) since Jan 2020.

What the home itself did
1 year
Down $15,996 -6%
$260,119$244,123 since Sep 2025
5 years
Up $24,591 +11%
$219,532$244,123 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 50309 $1,281 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 50309$1,281
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 33 years.

Typical home values in zip 50309 fell 6.1% over the past year — slower than the nation's +1.2%.

Asking rents in zip 50309 rose 2.4% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 50309 runs $622/mo more than renting one. The gap peaked at $848 in Apr 2024.

That is $1,884 a month against $1,261 rent: a $1,281 mortgage payment, plus $341 property tax and $261 insurance & upkeep.

Owning vs renting — zip 50309

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,000 $1,500 $2,000 2019 2020 2021 2022 2023 2024 2025 2026 Owning all in $1,884 Renting $1,261 Mortgage only $1,281
$1,000 $1,500 $2,000 2020 2022 2024 2026
  • Owning all in$1,884
  • Renting$1,261
  • Mortgage only$1,281

Property tax · $341/mo 1.68% of value a year — the ACS 2020-2024 median bill over the median home value for Polk County, IA

Insurance & upkeep · $261/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Des Moines, IA — measured over the city limits, which is a different area from this zip.

Asking rent $1,261 as of Sep 2026
+2.4%year on year
Typical home value $244,123 as of Sep 2026
-6.1%year on year

Asking rent — 50309

Against the Des Moines-West Des Moines, IA metro and the national benchmark.

$1,000 $1,250 $1,500 $1,750 2019 2020 2021 2022 2023 2024 2025 2026 50309 $1,261 Des Moines $1,280 United States $1,932
$1,000 $1,250 $1,500 $1,750 2020 2022 2024 2026
  • 50309$1,261
  • Des Moines$1,280
  • United States$1,932

Typical home value — 50309

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 50309 $244,123 Des Moines $292,513 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 50309$244,123
  • Des Moines$292,513
  • United States$366,157

Within 20 miles

Showing 30 of 44 zips in range — sorting picks from all 44.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
1.5 50314 Des Moines 10,438 $1,082 $158,505
2.1 50316 Des Moines 16,710 $1,228 $162,391
2.7 50315 Des Moines 34,816 $1,073 $194,462
2.8 50312 Des Moines 15,802 $1,144 $294,463
2.9 50311 Des Moines 14,574 $942 $225,988
4.0 50310 Des Moines 31,177 $913 $231,801
4.0 50321 Des Moines 7,900 $1,057 $355,961
4.3 50317 Des Moines 36,548 $1,252 $191,095
4.4 50320 Des Moines 24,807 $1,220 $263,487
4.9 50313 Des Moines 17,440 $1,158 $184,332
4.9 50324 Windsor Heights 5,143 $1,400 $284,142
6.5 50265 West Des Moines 33,488 $1,310 $308,180
6.8 50322 Urbandale 31,931 $1,030 $289,882
6.9 50327 Pleasant Hill 13,177 $1,349 $316,320
9.3 50009 Altoona 22,886 $1,588 $320,331
9.3 50131 Johnston 24,583 $1,356 $401,338
9.4 50325 Clive 19,012 $1,857 $434,039
9.5 50211 Norwalk 16,835 $1,208 $342,660
9.8 50021 Ankeny 30,283 $1,469 $318,429
9.9 50266 West Des Moines 37,523 $1,368 $334,561
9.9 50023 Ankeny 46,306 $1,459 $355,240
10.8 50323 Urbandale 17,265 $2,075 $457,873
11.0 50047 Carlisle 6,690 — $289,289
11.4 50061 Cumming 2,123 — $605,442
12.0 50111 Grimes 16,865 $1,396 $346,634
12.8 50035 Bondurant 10,131 $1,245 $331,526
13.4 50237 Runnells 3,635 — $434,868
13.4 50263 Waukee 29,611 $1,632 $343,051
14.8 50169 Mitchellville 3,667 — $277,405
15.2 50007 Alleman 444 — $381,604

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.