Housing market/Iowa/ZIP 50314

ACS 2023 · FY2027 SAFMR

ZIP 50314 Des Moines, Iowa

Des Moines-West Des Moines, IA HUD Metro FMR Area · Iowa. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
10,203
Households
4,014
Median HH income
$38,511
Renter share
53.6%
Median gross rent
$977
Vacancy
16.0%
Pop. change
-11.5%
2BR SAFMR
$1,160
SAFMR / rent
1.187×
2–49 unit stock
1,680
LIHTC proj / units
25 / 851
HUD assisted MF
4 / 411

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50314 · IA — sent to you.

ZIP 50314 · IA

ACS median rent$977
2BR SAFMR$1,160
90% floor$1,044
110% ceiling$1,276

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 50314

  • 1-unit detached2,60554.5%
  • 1-unit attached2154.5%
  • 2–4 units48610.2%
  • 5–49 units1,19425.0%
  • 50+ units2705.6%
  • Mobile100.2%
TypeUnitsShare
1-unit detached2,60554.5%
1-unit attached2154.5%
2 units (duplex)1302.7%
3–4 units3567.4%
5–9 units61112.8%
10–19 units3948.2%
20–49 units1894.0%
50+ units2705.6%
Mobile100.2%

2–4 unit share 10.2% · 5–49 unit share 25.0% · combined 2–49 35.1%.

Units by bedrooms

Studio
384
1BR
743
2BR
1,471
3BR
1,530
4BR
527
5+
125

Rent burden

Rent ≥30% of income66.5%
Rent ≥50% of income43.9%
  • ACS median gross rent $977 (all bedrooms, occupied rentals).
  • Median contract rent $799.
  • Renters paying ≥30% of income 66.5%; ≥50% 43.9%.
  • FY2027 2BR SAFMR $1,160 (1.187× ACS median gross rent).

Population

10,203 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -11.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 25 projects, 851 units.
  • HUD project-based assisted MF: 4 properties, 411 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,310 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 50314 53.6% of occupied households are renters; vacancy is 16.0%; ACS median gross rent is $977; population changed -11.5% between the 2018 and 2023 ACS vintages; the housing stock includes 486 units in 2–4-unit structures and 1,194 units in 5–49-unit structures; 25 LIHTC projects totaling 851 units; FY2027 2BR SAFMR is $1,160 versus ACS median gross rent of $977. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Iowa research

ZIP 50314 is a Census / HUD profile for Des Moines-West Des Moines, IA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Iowa research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 50314?

ZIP 50314 (Des Moines-West Des Moines, IA HUD Metro FMR Area) has 10,203 residents, 4,014 households, a renter share of 53.6%, median household income of $38,511, and ACS 2023 median gross rent of $977. Vacancy is 16.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50314?

ACS counts 130 units in 2-unit buildings, 356 in 3–4 unit buildings, 611 in 5–9, 394 in 10–19, and 189 in 20–49. Combined 2–49 unit stock is 1,680 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50314?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,160. See the full schedule and 90–110% payment-standard band on the ZIP 50314 — Des Moines, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50314 is Census / HUD research for Des Moines-West Des Moines, IA HUD Metro FMR Area. Jeff Crowe CRE does not list Iowa property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.