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Cost of Living in Des Moines, WA

Population 32,823 · Census ACS 2020–2024 5-year estimates

Median rent$1,799
Median home value$597,000
Median household income$92,483

The median rent in Des Moines, WA is $1,799/month, 2% higher than the Washington median and 27% higher than the U.S. median. The median home value is $597,000, 79% higher than the national median. Households earn a median of $92,483 a year, 6% lower than the state median.

Affordability

Rent as a share of median income: 23.3%
Income needed for median rent (30% rule): $71,960/yr
Home price-to-income ratio: 6.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,019/mo

Run your own numbers: mortgage calculator · hourly to salary

Des Moines vs. Washington vs. U.S.

Des MoinesWashingtonU.S.
Median rent$1,799$1,760$1,413
Median home value$597,000$564,600$332,700
Median household income$92,483$98,141$80,734
Homeownership rate60.6%63.8%65.2%
Bachelor's degree or higher33.4%39.6%35.7%
Poverty rate12.1%9.9%12.5%
Unemployment rate7.5%5.1%5.2%
Work from home14.7%19.8%15.1%
Median age38.038.338.9

FAQ

What is the average rent in Des Moines, WA?

The median gross rent in Des Moines, WA is $1,799 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Des Moines, WA?

Using the common 30% rule, renting a median-priced home takes about $71,960 a year in gross income.

Is Des Moines, WA expensive to live in?

Rent there is 27% higher than the U.S. median, and the median home costs about 6.5 times the median household income.

Other cities in Washington

Seattle, WARent $2,030 · Income $123,860Spokane, WARent $1,215 · Income $70,064Tacoma, WARent $1,676 · Income $85,884Vancouver, WARent $1,702 · Income $81,338Bellevue, WARent $2,572 · Income $165,576Kent, WARent $1,909 · Income $92,302

Cities with a similar cost of living

Security-Widefield, CORent $1,793 · Income $91,142Woodlawn CDP (Fairfax County), VARent $1,828 · Income $91,884Bear, DERent $1,771 · Income $91,687Hyattsville, MDRent $1,835 · Income $91,941Northdale, FLRent $1,797 · Income $94,926Longmont, CORent $1,816 · Income $90,671

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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