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Housing market/Iowa/ZIP 50311

ACS 2023 · FY2027 SAFMR

ZIP 50311 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
15,889
Households
6,697
Median HH income
$63,233
Renter share
52.0%
Median gross rent
$1,019
Vacancy
6.7%
Pop. change
+0.9%
2BR SAFMR
$1,200
SAFMR / rent
1.178×
2–49 unit stock
2,657
LIHTC proj / units
3 / 49
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50311 · IA — sent to you.

ZIP 50311 · IA

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ACS rent vs 2BR SAFMR

ZIP 50311 — Des Moines, IA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,019
2BR SAFMR$1,200
90% floor$1,080
110% ceiling$1,320

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

Housing stock

ACS 2023 units-in-structure · ZCTA 50311

  • 1-unit detached3,91054.6%
  • 1-unit attached2954.1%
  • 2–4 units1,04214.5%
  • 5–49 units1,61522.5%
  • 50+ units3034.2%
TypeUnitsShare
1-unit detached3,91054.5%
1-unit attached2954.1%
2 units (duplex)3334.6%
3–4 units7099.9%
5–9 units97013.5%
10–19 units3404.7%
20–49 units3054.2%
50+ units3034.2%
Mobile00.0%

2–4 unit share 14.5% · 5–49 unit share 22.5% · combined 2–49 37.0%.

Units by bedrooms

Studio
515
1BR
1,249
2BR
2,433
3BR
2,234
4BR
675
5+
74

Rent burden

Rent ≥30% of income45.7%
Rent ≥50% of income26.8%
  • ACS median gross rent $1,019 (all bedrooms, occupied rentals).
  • Median contract rent $859.
  • Renters paying ≥30% of income 45.7%; ≥50% 26.8%.
  • FY2027 2BR SAFMR $1,200 (1.178× ACS median gross rent).

Population

15,889 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.9%.

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

Assisted inventory

  • LIHTC: 3 projects, 49 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 50311 52.0% of occupied households are renters; vacancy is 6.7%; ACS median gross rent is $1,019; population increased +0.9% between the 2018 and 2023 ACS vintages; the housing stock includes 1,042 units in 2–4-unit structures and 1,615 units in 5–49-unit structures; 3 LIHTC projects totaling 49 units; FY2027 2BR SAFMR is $1,200 versus ACS median gross rent of $1,019. 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 50311 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.

ZIP 50311 — Des Moines, IA HUD Section 8 Payment Standards / SAFMR·Iowa ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
50001Des Moines-West Des Moines, IA HUD Metro FMR Area14.1%$1,408$1,68050003Des Moines-West Des Moines, IA HUD Metro FMR Area22.9%$858$1,20050007Des Moines-West Des Moines, IA HUD Metro FMR Area0.0%—$1,18050009Des Moines-West Des Moines, IA HUD Metro FMR Area29.7%$1,201$1,44050021Des Moines-West Des Moines, IA HUD Metro FMR Area25.6%$1,434$1,69050023Des Moines-West Des Moines, IA HUD Metro FMR Area29.6%$1,191$1,46050032Des Moines-West Des Moines, IA HUD Metro FMR Area14.0%—$1,43050033Des Moines-West Des Moines, IA HUD Metro FMR Area42.9%—$1,09050035Des Moines-West Des Moines, IA HUD Metro FMR Area8.7%$1,097$1,40050038Des Moines-West Des Moines, IA HUD Metro FMR Area0.0%—$1,26050039Des Moines-West Des Moines, IA HUD Metro FMR Area33.8%$890$1,09050046Des Moines-West Des Moines, IA HUD Metro FMR Area10.9%$1,005$1,160

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 50311?

ZIP 50311 (Des Moines-West Des Moines, IA HUD Metro FMR Area) has 15,889 residents, 6,697 households, a renter share of 52.0%, median household income of $63,233, and ACS 2023 median gross rent of $1,019. Vacancy is 6.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50311?

ACS counts 333 units in 2-unit buildings, 709 in 3–4 unit buildings, 970 in 5–9, 340 in 10–19, and 305 in 20–49. Combined 2–49 unit stock is 2,657 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50311?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,200. See the full schedule and 90–110% payment-standard band on the ZIP 50311 — Des Moines, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50311 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.